New for November - Regional Economic Video Updates!

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Local Look Regional Data

Twin Cities - Monthly Blog - Video Update

Twin Cities Metro Area employment dropped by 13.3% – or 236,862 jobs – between the second quarter of 2019 and the second quarter of 2020, according to data from the Quarterly Census of Employment and Wages (QCEW) program. For more perspective from historic QCEW data, the Metro Area lost 84,209 jobs during the Great Recession, a decline of 5.2%, meaning the region lost nearly three times as many jobs due to COVID-19 as it did during the Great Recession!

Central Minnesota - Monthly Blog - Video Update

Despite the pandemic taking the wind out of our economic sails, Central Minnesota had nearly 11,000 job vacancies in the second quarter of 2020, almost the same number of vacancies that employers reported in 2017. The data shows that at the same time many employers were reducing hours and laying off workers, others were still trying to hire.

Northeast Minnesota - Monthly Blog - Video Update

Indigenous peoples have lived and traded in the area now called Minnesota for thousands of years. The eleven sovereign tribal nations in the state consist of seven Ojibwe (Chippewa, Anishinaabe) reservations and four Dakota (Sioux) communities. According to the U.S. Census Bureau's American Community Survey, Native Americans represent 1.7% of Minnesota's and 2.7% of Northeast Minnesota's population, making it the second largest racial or ethnic group in the region after white people.

Northwest Minnesota - Monthly Blog - Video Update

During the second quarter of 2020, employers in Northwest Minnesota reported a total of 12,180 job vacancies, down 6.5% from the previous year. Due to economic changes brought about by the coronavirus pandemic, this is the first survey period since 2017 when there are more unemployed workers than job vacancies. However, Northwest Minnesota saw the smallest year-over-year decline of the 6 planning regions in the state. Statewide, vacancies dropped 24% compared to the second quarter of 2019.

Southeast Minnesota - Monthly Blog - Video Update

After seeing the biggest increase in job vacancies of any region in the state from the second quarter of 2018 to the second quarter of 2019, Southeast Minnesota saw the second biggest decline in job vacancies from the second quarter of 2019 to the second quarter of 2020. After reaching a record high of 13,672 job vacancies last summer, employers in the region posted 9,623 vacancies this summer, nearly matching the number in 2018. Southeast saw a 30% decline, outpacing the 24% decline statewide.

Southwest Minnesota - Monthly Blog - Video Update

After setting new record highs the past two years, the number of job vacancies in Southwest Minnesota fell by 5,500 in the second quarter of 2020, matching levels last seen from 2014 to 2016. The 44% drop in the region was far and away the largest decline of the 6 planning regions in the state, which overall saw job vacancies decrease by about 24% from 2019 to 2020. Still, employers in Southwest reported nearly 7,000 openings this summer, showing demand for jobseekers despite the coronavirus pandemic.

NEW for November - Regional Economic Update Videos

The coronavirus pandemic has changed the way we work, prompting us to think of new ways to share information with our stakeholders. While we're certainly getting used to attending virtual meetings, our regional analysts miss being present with and being able to present to all of you. To help provide updated economic and labor market information, DEED’s Regional Analysis & Outreach Unit has created a set of regular economic video updates that local partners can use to better understand their changing regional conditions. These short videos can be played at meetings, or you can reach out to us for the real thing!

Please provide feedback to so we can continue to make these useful for you.

Each month, DEED's Regional Analysis & Outreach unit produces a series of blogs and videos exploring local labor market information. Please contact your regional analyst for more information.

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