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TWIN CITIES: Recent data from the 2018 American Community Survey continues to show stark differences for veterans in the Minneapolis-St. Paul MSA when compared to the non-veteran population. One, the veteran community is much older. As of 2018, over half of veterans reported being 65 years of age and older, compared to only 16.0 percent of nonveterans.
CENTRAL MINNESOTA: Thank a veteran: that simple gesture offered to the bravest men and women in our country is the least we can do to show appreciation for their sacrifices. Joining the United States Armed Forces is no small feat, and personal and professional pursuits are often sidelined. While active duty service members who meet time-in-service criteria qualify for numerous education benefits like tuition assistance and the Montgomery G.I. Bill, completing higher education is challenging. Training and deployments can derail pursuits for higher education, and a relocation can result in little continuity left for education.
NORTHEAST MINNESOTA: Veterans in the Duluth MSA have different educational attainment levels than do non-veterans, as veterans are more likely to have been a high school graduate and less likely to have a bachelor’s degree than the general public. However, veterans earn substantial education benefits that allow for service members and their qualified family members to receive money to cover all or some of the costs of school or training through the GI Bill, and particularly the Post-9/11 GI Bill. While these benefits assist the transition back to civilian life for service members, they also help recruit and retain the next generation of veterans.
NORTHWEST MINNESOTA: While veterans from the Vietnam era are retiring out of the workforce, younger veterans are now lending their expertise and leadership to the regional economy. Those who choose to serve in the military after high school often find themselves on a different path than their classmates. This blog highlights a couple young veterans who have become valuable parts of the local workforce and represent others like them who prioritize military service early in their careers, and the employers who work with them.
SOUTHEAST MINNESOTA: November 11, 2019 – a day of honoring the country’s veterans who have sacrificed so much to serve and protect our country. DEED has a variety of resources and programs to ensure that the state’s veterans receive all the help they need to explore, gain, and retain employment and training opportunities.
SOUTHWEST MINNESOTA: In sum, the unemployment rate for veterans in Southwest Minnesota has been dropping, ranging from a low of 0.0 percent in Nicollet and Waseca counties to a high of more than 13 percent in Lac qui Parle and Lincoln counties. To illustrate the low rates, DEED’s Regional Analysis & Outreach Unit created an interactive map showing unemployment and labor force participation rates for veterans and non-veterans by county.
FEDERAL RESERVE BANK REGIONAL ECONOMIC CONDITIONS CONFERENCE
The Federal Reserve Bank of Minneapolis is hosting its third annual Regional Economic Conditions Conference on January 9, 2020. The half-day conference will focus on state economic outlooks and key industry spotlights for the Ninth Federal Reserve District, which includes Minnesota, the Dakotas, Montana, northwestern Wisconsin and Michigan’s Upper Peninsula.
Beth Ford, president and CEO of Land O’Lakes, will kick off the conference with a keynote address and a moderated Q&A with Neel Kashkari, Minneapolis Fed president. The conference will also feature presentations and panel discussions with prominent economists from each district state whose work shapes local knowledge about regional economies and informs state-level public policy.
This is an early opportunity to register for this FREE event! Space is limited, with registration opening to the general public on Friday, December 6.
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