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TWIN CITIES: This year’s comprehensive 2019 Regional Profile for the Twin Cities Metro Area provides an in-depth look at how the region has changed in recent years, the current state of affairs, and where it might be headed to next. Since the turn of the century, the Metro Area has added nearly 700,000 people, growing by over 17 percent. Scott and Carver were the region’s fastest-growing counties, while Hennepin was the largest-growing, adding more than 143,000 people between 2000 and 2018.
CENTRAL MINNESOTA: For more than 715,000 people, the 13 counties of Central Minnesota are a great place to call home. The recipe for success for many families and households is good paying jobs and reasonable living expenses. As shown in the newly published Regional Profile, the median household income in Central Minnesota was $65,949, just above the statewide median ($65,699), while basic living expenses for a typical family were cheaper in Central Minnesota than the rest of the state by roughly $2,500.
NORTHEAST MINNESOTA: Since the start of the millennium, the labor force in Northeast Minnesota has declined by 1,613 people, a 1.0 percent decrease. In fact, Northeast is the only planning area in the state that experienced a decline in its labor force since 2000, while Minnesota has witnessed a labor force increase of 257,276 people, a 9.2 percent increase.
NORTHWEST MINNESOTA: Along with population and labor force growth, Northwest Minnesota has been fortunate to experience employment growth over the past 15 years. According to DEED’s QCEW program, Northwest was home to 17,096 business establishments providing 222,596 covered jobs in 2018, with a total payroll that surpassed $9.0 billion. That was about 7.7 percent of total employment in the state.
SOUTHEAST MINNESOTA: Recently, DEED’s Job Vacancy Survey was updated to show estimates for the second quarter of 2019. In all, employers in Southeast Minnesota reported 13,672 job vacancies during this time period, the second highest estimate ever recorded in the region.
SOUTHWEST MINNESOTA: Highlighted in the newly updated 2019 Regional Profile, Southwest Minnesota stands out for having the lowest cost of living in the state. While costs for food and health care are similar to those costs in other parts of the state, Southwest has much lower costs for housing, transportation, taxes, and child care. Annual costs for a typical family were over $10,000 lower than the state, and almost $16,000 lower than in the Twin Cities metro area.
DEED's Regional Analysis & Outreach unit is excited to be offering a series of workshops on utilizing our Labor Market Information tools. Registration for the workshops is now open.
These 2- or 3-hour hands-on training sessions will help attendees learn where to find and how to use DEED’s labor market information data tools. Attendees will navigate our website and learn how to use the most relevant data tools to understand the local economy and provide the best guidance to job seekers and other clients.
This is a great session for CareerForce staff and partners in the workforce development system, economic development staff and board members, career and education counselors, small business owners, human resource professionals, and other people needing labor market information.
Sessions are scheduled for:
Do It Right and Do It Now - Leverage Data and Start a CTE Program!
For CTE and career pathway practitioners interested in learning how to leverage data to align educational offerings with their local economy and how to build out a comprehensive set of CTE experiences, we encourage you to attend the Wednesday Workshop session that is a part of the 2019 CTE Works! Summit at the Minneapolis Marriott Northwest in Brooklyn Park on November 6.
Facilitators are Luke Greiner, DEED's Central and Southwest Minnesota regional analyst, and Miles Seppelt, economic development director for the city of Hutchinson.
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