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Twin Cities Metro: Retail Trade is vital to the seven-county Twin Cities Metro Area. With 8,759 establishments supplying nearly 168,000 jobs, it is the region’s third largest-employing industry sector (and less than 2,000 jobs behind the region’s second largest-employing industry sector, manufacturing). About one in every ten Metro Area jobs is in Retail Trade.
Central Minnesota: The new year brings newly updated 2016-2026 regional employment projections, with official data providing a rosy growth prospect for the Central Minnesota region. It is expected to be the fastest growing region in the state with a growth rate of 8.5 percent from 2016 to 2026, amounting to more than 26,600 net new jobs. If you are the inquisitive type, you can explore the Employment Outlook web tool to compare projections for industry or occupational employment for each of the state’s six regions.
Northeast Minnesota: Different regions are known for different things. Using job counts from DEED’s QCEW program, location quotients can help identify industry subsectors that are more strongly concentrated in a regional economy than the rest of the state. The top subsectors in Northeast Minnesota include Metal Ore Mining; Pulp, Paper, and Paperboard Mills; and Logging.
Northwest Minnesota: A recent Forbes article suggests that the drone industry is poised to really take off, perhaps becoming one of the most profitable and rewarding uses of technology in the new economy. Led by Northland Community & Technical College, Northwest Minnesota has staked a claim in the field of drones, offering the first unmanned aerial systems (UAS) maintenance training program in the country. As the Star Tribune has pointed out, agriculture and other innovative leaders in the region have been collaborating for the past five years to make the most of the opportunity.
Southeast Minnesota: A plethora of part-time work is available in Southeast Minnesota, in a variety of industries. Data from DEED’s Quarterly Employment Demographics program shows several sectors characterized by less than full-time hours, which may provide schedule flexibility, but also have a negative impact on a worker’s ability to earn livable wages.
Southwest Minnesota: Perceptions matter when it comes to what young people think about their communities and local economic opportunities, as an article in Minnesota Economic Trends shows. Contrary to popular belief, students in Southwest Minnesota appear to favor staying in their communities after graduating - 75 percent of students surveyed indicated they would stay in their area if they had an acceptable job prospect. This is excellent news for rural communities and companies!
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