Minneapolis Job Market Report

Minneapolis currently has a relatively tight but cooling job market, with unemployment slightly above recent lows yet still better than many U.S. metros. According to the Minnesota Department of Employment and Economic Development, the Minneapolis–St. Paul metro unemployment rate has been hovering near the low to mid 3 percent range in 2025, up from around 2–3 percent in 2022–2023 but below the roughly 4.4 percent U.S. rate economists expect nationally, reflecting a resilient regional economy. The employment landscape is diversified: major industries include health care and social assistance, professional and technical services, finance and insurance, manufacturing, education, retail, and hospitality, anchored by large...

Minneapolis currently offers a relatively tight but resilient job market, with unemployment slightly below national levels and steady job growth. The Bureau of Labor Statistics reports Minnesota’s September 2025 unemployment rate at about 3.7 percent, up from roughly 3.1 percent a year earlier, while state nonfarm employment grew about 1.4 percent over the year, indicating cooling but still positive momentum. According to the Minnesota Department of Employment and Economic Development and the Minneapolis Regional Chamber, the metro employment landscape is dominated by health care, professional and business services, finance and insurance, education, manufacturing, retail, and hospitality, with major employers including Target, UnitedHealth Group, 3M...

The job market in Minneapolis shows a mixed but generally stable picture in late 2025, with some softening in online labor demand but continued strength in key sectors. Employment is concentrated in healthcare, finance, technology, and advanced manufacturing, with major employers including UnitedHealth Group, Target, U.S. Bank, and 3M. The IT sector remains active, with average annual salaries around 114,500 dollars, or about 55 dollars per hour, according to ZipRecruiter data from November 2025.

Recent labor market data from The Conference Board shows that advertised online job vacancies in the Minneapolis metropolitan area totaled about 93,400 in September 2025, down slightly from the...

Minneapolis's job market remains dynamic with 78,394 positions currently available across diverse sectors ranging from delivery and education to specialized instruction roles. The broader economic context shows unemployment at 4.4 percent as of September 2025, representing the highest rate in nearly four years following a period of unusually low joblessness. National job growth added 117,000 positions in September, below the decade-long monthly average of 146,000, indicating a cooling labor market.

Minnesota's economy benefits significantly from its Fortune 500 presence, with 17 companies headquartered in the state as of 2025. Major employers including Target, UnitedHealth Group, and General Mills drive regional employment, though these corporations have faced...

Minneapolis's job market reflects the broader economic conditions facing Minnesota, with moderate wage growth and mixed employment signals. As of October 2025, the average hourly wage in Minneapolis stands at 22 dollars and 20 cents per hour, translating to an annual salary of approximately 46,183 dollars for standard positions. The regional economy faces headwinds, with Minnesota lagging several other states in key economic indicators including declining labor force participation and shrinking income growth.

The unemployment landscape shows concerning trends. The U.S. economy added 119,000 jobs in September, yet the unemployment rate climbed to 4.4 percent, higher than economists anticipated. Minnesota's employment picture appears...

Minneapolis maintains a dynamic job market characterized by significant corporate activity and ongoing restructuring. The region serves as a major employment hub with Target's substantial headquarters presence, though the company has undertaken major workforce adjustments. In October, Target announced the elimination of 1,800 corporate positions, approximately 8 percent of its global office workforce, with notifications occurring in late October affecting roughly 1,000 employees and closing 800 unfilled positions. This reflects broader trends impacting the Twin Cities economy.

The Minneapolis labor landscape shows mixed signals regarding employment prospects. Young college graduates ages 23 to 27 face a 4.8 percent unemployment rate as of June 2025, indicating heightened...

Minneapolis remains one of the Midwest’s most dynamic job markets, blending strong traditional sectors with new areas of growth. The Federal Reserve Board reported the city’s unemployment rate at 4.3% as of August 2025, reflecting continued stability despite national fluctuations around inflation and workforce shifts. According to Indeed, there are currently more than 83,000 job postings in the greater Minneapolis area across all experience and skill levels, indicating a robust demand for labor. The employment landscape is anchored by health care, education, manufacturing, finance, technology, retail, and government. Major employers include Fairview Health Services, Target Corporation, the University of Minnesota, US Bank...

Minneapolis remains a leading Midwestern job market, powered by a rich mix of sectors but facing recent headwinds from national economic uncertainty and interrupted reporting. The Federal Reserve Bank of Minneapolis notes stabilized but cautious conditions, while the recent U.S. government shutdown delayed official unemployment data collection for October 2025. According to recent payroll surveys, the regional unemployment rate near Minneapolis has hovered close to the national figure of about 4.2 percent but data gaps make precise local updates difficult. Over the first half of 2025, economic growth slowed with GDP rising at an average annualized rate of 1.2 percent, much lower than...

Minneapolis continues to offer a robust job market in 2025, balancing steady employment opportunities and moderate growth. According to Minnesota's Department of Employment and Economic Development, the city’s job market is diverse, ranging from healthcare and education to finance, technology, and manufacturing. The U.S. Bureau of Labor Statistics reports that the Minneapolis-St. Paul metropolitan area unemployment rate hovers around 3.3% as of November 2025, which is below the national average and signals a healthy local economy. Major industries include healthcare services, with employers like Allina Health and UnitedHealth Group, financial services giants such as U.S. Bank, and retail leaders including Ta...

Minneapolis continues to offer a dynamic employment landscape shaped by both resilience and current challenges. According to the Minnesota Department of Employment and Economic Development, the city's diverse job market includes over 83,000 open positions ranging from customer service to skilled trades, public sector, logistics, and technology. The latest estimate from the Federal Reserve Bank of Chicago puts the local unemployment rate at 4.4 percent as of October 2025, marking a four-year high and reflecting a national trend of slow hiring despite relatively few layoffs. This marks a shift where those who remain employed feel insulated, while unemployed workers face longer durations without...

Minneapolis is a vital Midwest employment hub marked by stability, diversity in industry, and sustained growth opportunities. According to the Minnesota Department of Employment and Economic Development, manufacturing plays a central role, employing over 320,000 Minnesotans in 2024 and representing one of every nine jobs statewide. Manufacturing jobs offer high wages, averaging $83,280 per year, about 12 percent higher than the state average, and the sector continues to see strong demand with 7,750 job vacancies reported this year. Looking forward, the state expects more than 93,000 manufacturing job openings through 2032, underscoring ongoing demand for both skilled and entry-level workers. The employment landscape is further defined by...

The job market in Minneapolis is currently experiencing both challenges and resilience. According to WalletHub, Minnesota holds third place nationally for jobs as of 2025, acclaimed for job opportunities, employment growth, and strong median household incomes near $86,000 adjusted for cost of living. State unemployment stands at 3.6 percent, one of the lowest in the country, as reported by the Minnesota Department of Employment and Economic Development. However, Minneapolis recently faced significant shocks, notably widespread layoffs at Target, a major employer headquartered in the city. Modern Retail reports these layoffs have affected hundreds in engineering, product design, analytics, merchandising, and HR, with additional...

Minneapolis listeners, the city’s job market is adjusting to shifting national and local trends but remains relatively resilient compared to much of the Midwest. As of late October 2025, economists see a cooling labor market nationwide, with recent Bureau of Labor Statistics corrections revealing the U.S. added nearly a million fewer jobs than expected last year. In Minneapolis itself, the unemployment rate year-to-date has hovered between 3.5 and 4 percent—below the national average, signaling stable job availability for many residents. According to Bankrate, 43 percent of American workers didn’t see pay increases over the past year, and nearly as many lack o...

The Minneapolis job market in late 2025 is marked by overall stability, a diverse employment base, and some pressures from shifting industry trends and national economic changes. According to the U.S. Bureau of Labor Statistics, the Minneapolis-St. Paul-Bloomington metro reported an unemployment rate of 2.6% in September 2025, notably below the national average and signaling a tight labor market. However, long-term unemployment rates nationally reached 25.7% of all unemployed people in August 2025 as reported by Visual Capitalist, which Minnesota researchers note as an area of emerging concern, especially in light of changing economic conditions.

The employment landscape in Minneapolis remains anchored...

Minneapolis currently features a stable yet cooling job market as economic momentum slows compared to the highs of the past few years. WalletHub reports Minneapolis maintains one of the lowest unemployment rates in the United States at 3.3 percent as of 2025, demonstrating relative resilience even as hiring nationwide slows. Job switching rates in the city have declined along with the national average, with the Bank of America Institute noting a significant drop from the so-called Great Resignation period when workers frequently changed positions for higher pay and flexibility. As the labor market cools, fewer people are seeking new positions and the...

Minneapolis, known for its vibrant economic landscape, faces both challenges and opportunities in its job market. The city has a relatively low unemployment rate of 3.8%, which is better than the national average. Despite this, unemployment among Black women in Minneapolis has seen a significant rise, from 5.4% in January to 7.5% in August, prompting job fairs to address this issue.

Major industries in Minneapolis include healthcare, technology, and manufacturing. Key employers like UnitedHealth Group and Target have significant operations in the city. Growing sectors include real estate and various service industries, with job fairs encouraging career changes into these fields.<...

Minneapolis is experiencing a dynamic job market marked by both opportunities and notable challenges. CommercialCafe recently ranked Minneapolis as the top city for Generation Z to live and work in 2025, reflecting the area’s strong appeal to younger job seekers, access to jobs requiring degrees, and cultural vibrancy. The city’s employment landscape has been expanding in several sectors, especially construction, which saw the fastest job growth nationally over the past five years, surpassing even Phoenix according to the Arizona Office of Economic Opportunity. This robust expansion in construction jobs has consistently outpaced overall job growth and continues to offer stea...

The job market in Minneapolis reflects a mix of steady fundamentals and emerging shifts, shaped by local dynamics and national headwinds. The employment landscape remains competitive, with companies seeking specific skills even as national economic uncertainties create caution among employers. According to recent surveys, many businesses continue to report difficulty filling roles, particularly in technology, healthcare, and skilled trades, signaling a tight labor market despite broader economic signs of slowing growth. While comprehensive local employment and wage data for 2025 is limited due to the ongoing federal government shutdown, which has delayed release of key economic reports, available regional indicators suggest...

Minneapolis continues to offer a resilient yet evolving job market in late 2025, shaped by both local strengths and recent national challenges. According to WalletHub, Minnesota ranks among the eight safest states in the U.S., benefiting from low unemployment, strong financial safety, and robust emergency preparedness—but some employment uncertainty has created mixed conditions. The unemployment rate in the state remains low, around 3.3 percent as of September 2025 per WalletHub and other financial safety analyses, yet Black unemployment in the Twin Cities stands significantly higher at 6.9 percent as reported by the Minnesota Spokesman-Recorder, underlining persistent equity gaps. The metro job landscape is...

Listeners, Minneapolis is currently experiencing a job market marked by resilience but a noticeable slowdown in new hiring. According to the Star Tribune and the State Department of Employment and Economic Development, Minnesota’s unemployment rate in May 2025 stood at a relatively low 3.3 percent, ranking fourth in the Midwest and signaling general stability in employment. Yet, labor market cooling is clear, with job seekers facing longer job searches and the number of long-term unemployed doubling from last year. The Bureau of Labor Statistics’ benchmark revision confirmed a national trend showing U.S. job growth was weaker than previously reported, with only...

Minneapolis has maintained a resilient and diverse job market through 2025, drawing both experienced professionals and new graduates, although younger job seekers increasingly face heightened challenges landing employment. According to Axios, about 21 percent of Minnesotans aged 65 and older remain employed, reflecting a trend where seniors are staying in or returning to the workforce at rates above the national average. Major employment sectors in Minneapolis include healthcare, retail, education, technology, financial services, and manufacturing. Institutions like the University of Minnesota, Target, Hennepin Healthcare, U.S. Bank, and the State of Minnesota remain prominent employers, while the city’s strong public sector presence al...

The job market in Minneapolis in late 2025 is marked by stability, resilience, and diversification, supporting above-average job growth and lower unemployment compared to national figures. According to the Coworking Cafe study, Minneapolis offers an unemployment rate of approximately 3.1 percent, considerably beneath the latest national average of 4.3 percent, reflecting solid workforce health. The Twin Cities’ industrial sector is a standout, sustaining one of the lowest vacancy rates in the nation at 4 percent, as reported in Heartland Real Estate Business magazine. This discipline and balance between supply and demand are attributed to deliberate, measured development, with developers rarely overextending and often aligning pr...

Minneapolis continues to demonstrate resilience and economic opportunity with its job market, earning recognition as a top city for women in 2025 according to WalletHub, which specifically highlights Minneapolis for strong economic prospects and healthcare support for women. The employment landscape is stable, with recent data from Minnesota Public Radio News indicating that Minnesota as a whole added nearly 6,000 jobs in the previous month, although the unemployment rate crept up slightly to 3.6 percent. This remains significantly below the current national average of 4.3 percent, as reported by KQ92 and recent commentary from Federal Reserve officials who describe the labor market as holding...

According to the Minnesota Department of Employment and Economic Development, Minneapolis and the broader state added 5,900 jobs in August 2025, part of a year-long trend that saw over 39,000 new positions, outpacing the national job growth rate. The unemployment rate in Minnesota in August was 3.6 percent, below the national average of 4.3 percent, but still the highest locally in over four years. The labor force participation rate has held steady at 68.1 percent, which is about six percentage points higher than the US average, signaling a strong willingness to work among Minneapolis residents. Major industries driving local employment include healthcare, education, and construction, all...

The Minneapolis job market in September 2025 remains stable but faces the headwinds of regional and national shifts in talent attraction and industry growth. According to Lightcast’s 2025 Talent Attraction Scorecard, Minnesota ranks 46th out of 51 states and districts for talent attraction, trailing Sunbelt and Mountain West states that continue to claim the majority of new workforce migration and business expansion. Key trends shaping workforce migration include persistent blue-collar labor shortages, retiring populations, continued tech sector diversification, and the impact of remote and hybrid work. Within the city of Minneapolis, the unemployment rate stood at 3.9 percent in September 2025, with some localities su...

Minneapolis is experiencing a cooling job market as of September 2025, mirroring national labor trends. According to the Bureau of Labor Statistics and Capital Market specialists at PHM Loans, the U.S. unemployment rate reached 4.3% in August, the highest since October 2021, with only 22,000 jobs added in August on a national scale and a notable increase in new jobless claims. This backdrop informs the employment landscape in Minneapolis, which has seen slowing job growth, a shift toward part-time employment, and mounting layoffs in sectors sensitive to interest rates, such as construction, retail, and manufacturing. Health care and government hiring have provided some...

Minneapolis continues to be a major hub of employment in the Upper Midwest, shaped by a mix of established industries and emerging sectors. The current job market reflects both resilience and subtle shifts, with the Bureau of Labor Statistics indicating a slowing but steady labor market nationwide. In August, the US economy added only about 22,000 jobs, and the job openings-to-unemployed ratio has dropped below 1 for the first time since 2021, according to J.P. Morgan Asset Management. Locally, the unemployment rate in Minneapolis fluctuates near the national average, around 4.3 percent, though rates vary among different groups; for example, Redfin notes a...

The Minneapolis job market in 2025 reflects the national trend of a significant slowdown, with recent data from the U.S. Bureau of Labor Statistics and local reports noting a marked deceleration in hiring throughout the summer. Nationally, only 22,000 jobs were added last month, well below expectations, and Minneapolis has not escaped this cooling. The unemployment rate rose to 4.3 percent, the highest since 2021, suggesting increasing challenges for job seekers even as this rate remains historically moderate. According to the Associated Press and the Star Tribune, these numbers are largely attributed to lingering effects from prior Federal Reserve interest rate hikes and...

Minneapolis remains a strong economic hub in the Midwest, often outperforming national averages in job growth and workforce participation, with the Minnesota Department of Employment and Economic Development naming Minnesota sixth in the country for business climate in recent competitive rankings. According to CBS News Minnesota, the labor market continues to show resilience despite national slowdowns, reporting that the state’s workforce statistics remain solid and job growth persists even as employers nationwide scale back hiring. Unemployment in the broader United States hovered at 4.2 percent in July 2025, with local numbers in Minneapolis tracking just below the national average, though some de...

The job market in Minneapolis has become more cautious and competitive as of late 2025. According to Fitch Ratings, the area’s unemployment rate is about 70 percent of the national rate, indicating Minneapolis remains below national jobless averages. Trends indicate a labor market slowdown, with fewer job openings compared to the pandemic era and a sharp drop-off in job-hopping and wage gains for workers switching employers, as documented by the Bank of America Institute and the Bureau of Labor Statistics. As a result, job seekers are less inclined to switch jobs, and starting salary negotiations are less successful than in previous ye...

Minneapolis is experiencing a robust job market as of late summer 2025, characterized by low unemployment and strong employer demand, though growth has moderated in line with national economic cooling. Economic data from CBS Minnesota indicates that Minnesota’s unemployment rate dropped to a record low of 2 percent for May, marking the lowest level seen in more than two decades. This tight labor market reflects a sustained recovery since the pandemic, even as the U.S. economy as a whole grew at a slower annual rate in the first half of 2025, according to the Federal Reserve. Job vacancies in the Minneapolis ar...

The job market in Minneapolis is showing mixed signals in August 2025, balancing relatively low unemployment with early signs of cooling and shifting sector strength. According to the Star Tribune, the Minneapolis area unemployment rate recently reached 3.5% after the state lost approximately 4,400 jobs in July, which state officials characterize as an early warning of a broader economic slowdown. Despite labor market fatigue, Federal Reserve Chair Jerome Powell notes that the U.S. job market remains resilient but warns of mounting risks with jobs growth slowing to 35,000 new positions monthly nationwide in 2025 as compared to 168,000 in 2024. The Minnesota Department of Employment and...

Minneapolis’ job market has recently shown signs of deceleration after a long period of resilience, reflecting larger economic headwinds across Minnesota. According to the state’s Department of Employment and Economic Development, Minnesota lost 4,400 jobs in July 2025, a shift attributed partly to national economic policies such as changing tariffs, federal funding cuts, and adjustments to immigration. The state’s unemployment rate rose to 3.5 percent, still lower than the national average of just over 4 percent, but up from 3.3 percent the previous month. About 109,000 Minnesotans are now listed as unemployed, with the labor force participation rate inching down to 68.1 percent, mirroring a small...

Minneapolis is currently experiencing a shifting job market amid broader economic uncertainties nationwide. According to CBS News Minnesota, the state remains highly competitive for business with notably strong workforce quality, infrastructure, and economic health. The Minneapolis employment landscape, like much of the U.S., has weathered recent slowdowns, with employers nationally adding 142,000 jobs in August, which was weaker than anticipated, signaling a cooling labor market. Data from the Bureau of Labor Statistics and Capital One Careers indicates job growth remains, but hiring projections, especially for recent graduates, are softer, with a 5.8 percent year-over-year decline in predicted hires for the class...

The job market in Minneapolis in August 2025 is marked by steady activity, robust sector diversity, and moderate employment growth. Indeed.com reports roughly 52,000 available job openings in the Minneapolis-Saint Paul metropolitan area, underscoring strong demand for workers across a wide variety of industries. Sectors such as healthcare, retail, professional and business services, finance, and technology continue to anchor the city's employment landscape, with major employers including Target Corporation, UnitedHealth Group, U.S. Bank, and large healthcare providers such as Fairview Health Services and Allina Health. According to DTN, which is headquartered in Minneapolis, the most recent national jobs data show...

The job market in Minneapolis as of August 2025 reflects several national and regional trends, with local nuances shaping employment opportunities and challenges. The region hosts approximately 3 million jobs, making it a significant economic center in the Midwest according to Fitch Ratings. While nationwide hiring slowed in July 2025 with only 73,000 jobs added and the US unemployment rate climbing to 4.2 percent, Minneapolis still reports tight labor market indicators and continued demand for workers as shared by the Federal Reserve Bank of Minneapolis. Despite a resilient underlying jobs base, there is evidence of labor shortages as 41 percent of firms indicated open positions were...

Minneapolis is showing signs of a resilient job market in mid-2025 with unemployment at 4.1 percent as reported by the US Bureau of Labor Statistics and confirmed in Kiplinger’s July update. The labor market is seeing steady employment growth with national nonfarm payrolls increasing by 147,000 in June and jobless claims consistently lower than expected, suggesting stability and ongoing demand for workers. According to the World Economic Forum, nationwide manufacturing still faces significant skills gaps, with Minneapolis reflecting this trend through persistent shortages in qualified trades and manufacturing talent due to an aging workforce and a reduced pipeline from vocational programs. Th...

The job market in Minneapolis as of July 2025 remains robust with Minnesota adding more than 48,500 jobs in the previous year, growing faster than the U.S. average according to the Cook County News Herald. Minnesota’s unemployment rate in June 2025 was among the nation's lowest, with unadjusted county-level data suggesting stable or even slightly improving conditions compared to broader national trends. The Minneapolis-St. Paul region stands out for a diverse employment landscape featuring strong representation in healthcare, education, finance, technology, advanced manufacturing, retail, professional services, and hospitality. Major employers include health systems like Allina Health and Fairview, financial institutions such as...

The job market in Minneapolis remains dynamic and resilient, characterized by steady job additions and a competitive unemployment rate. According to Red Lake Nation News, Minnesota added over 48,500 jobs between July 2024 and June 2025, a rise of 1.6 percent, and the private sector saw a growth of nearly 35,000 jobs or 1.3 percent, outpacing the national average. Minneapolis, as the anchor city of the state, benefits directly from this robust hiring climate. The unemployment rate in the Minneapolis-St. Paul region hovers at historically low levels, typically below the national average, signaling strong demand for workers across sectors.

The employment landscape features a...

The job market in Minneapolis remains steady and resilient, echoing statewide stability in Minnesota’s employment landscape for June 2025. According to Minnesota’s Department of Employment and Economic Development (DEED), the state’s unemployment rate held firm at 3.3 percent, outpacing the national average of 4.1 percent. The labor force participation rate is a robust 68.2 percent, with 2,100 people entering the labor force in June, marking the tenth month of growth in the past year, a sign of continued optimism and opportunities for job seekers. Over the past year, Minnesota added more than 48,500 jobs, a 1.6 percent gain, with nearly 35,000 new jobs arising from the pr...

Minneapolis remains a dynamic job market, reflecting both the broader economic stability of Minnesota and emerging national labor trends. According to Indeed, as of July 2025, over 75,000 job openings are listed statewide, with a significant portion concentrated in the Twin Cities region, including Minneapolis. The unemployment rate is about 4.1 percent, based on figures reported by KLFDRadio, indicating a relatively tight labor market even as employers become more cautious in their hiring practices.

The employment landscape is shaped by several dominant sectors. Health care, information technology, education, manufacturing, retail, and professional services continue to serve as pillars of the Minneapolis...

The Minneapolis job market in July 2025 shows signs of resilience, though some softening is evident. According to CBS Minnesota, the U.S. added 147,000 jobs in June 2025, bringing the national unemployment rate to 4.1%. Minneapolis reflects these broader trends, with key workforce statistics still steady despite ongoing economic headwinds. Helmstead Management notes that job openings remain high, with 7.7 million available positions nationally in May, yet the number is trending downward, signaling some cooling in labor demand. Locally, government reports point out that Minnesota continues to receive strong ratings for business competitiveness, workforce quality, and economic infrastructure, ranking sixth nationally for business climate...

Minneapolis continues to offer a robust and diverse job market in 2025, though it is experiencing a period of transition as economic growth slows compared to previous years. The unemployment rate in Minnesota has recently edged up to 4.1 percent, according to CBS News Minnesota, reflecting a slight softening in labor conditions after years of historically low unemployment. Weekly unemployment claims have risen, with nearly two million nationwide as of June 2025, a figure highlighted by reporting from Threads. Despite this uptick, hiring continues with nonfarm payrolls increasing by 147,000 jobs in the latest report, meaning the hiring environment remains active, even if job...

The job market in Minneapolis, as part of the broader Minnesota economy, is characterized by robust demand for labor and a strong labor force participation rate. In March 2025, Minnesota reported 187,000 job openings, a slight increase from the 184,000 openings in February, indicating a healthy labor market.

The employment landscape in Minneapolis is marked by a high labor force participation rate of 68.2%, significantly higher than the national rate of 62.6%. This high participation rate reflects an active and engaged workforce. The unemployment rate, while slightly increasing, remains favorable at 3.2% in April 2025, up from 3.1% in March, and still below the national rate...

The job market in Minneapolis, as part of the broader Minnesota economy, is characterized by a mix of stability and subtle changes. In March 2025, Minnesota reported 187,000 job openings, slightly up from the 184,000 openings in February, indicating a robust job market.

The employment landscape in Minneapolis is marked by a low unemployment rate, which increased to 3.2% in April 2025 from 3.1% in March. Despite this slight increase, the rate remains below the national average of 4.2%. The labor force participation rate has remained steady at 68.2%, significantly higher than the national rate of 62.6%.

Key industries contributing to job growth include Trade...

The job market in Minneapolis, reflective of the broader Minnesota economy, exhibits a mix of stability and growth. Despite some fluctuations, the overall employment landscape remains positive.

In March 2025, Minnesota reported 187,000 job openings, slightly up from the 184,000 openings in February. This indicates a robust demand for labor. The labor force participation rate has been steady at 68.2%, which is significantly higher than the national rate of 62.6%.

The unemployment rate in Minnesota has seen a slight increase, rising to 3.2% in April 2025 from 3.1% in March. However, this rate is still below the national unemployment rate of 4.2%. The state's labor...

The job market in Minneapolis, as part of the larger Minnesota economy, has shown resilience and growth despite some minor fluctuations. In March 2025, Minnesota reported 187,000 job openings, slightly up from 184,000 in February, indicating a robust demand for labor.

The employment landscape in the Minneapolis-St. Paul-Bloomington area is diverse, with significant sectors including Trade, Transportation, and Utilities; Professional and Business Services; Education and Health Services; and Leisure and Hospitality. These sectors have seen notable job gains, with 1,600 jobs added in Trade and Utilities and 1,600 in Hospitality in April 2025. Manufacturing and Construction also saw increases, with 500 and 600 jobs added, respectively.<...

The job market in Minneapolis, reflective of the broader Minnesota economy, is characterized by a mix of stability and subtle changes. Despite some fluctuations, the overall employment landscape remains strong.

In March 2025, Minnesota reported 187,000 job openings, slightly up from the 184,000 openings in February. This indicates a robust demand for labor. The labor force participation rate has been steady at 68.2%, significantly higher than the national rate of 62.6%.

The unemployment rate in Minnesota has seen a slight increase, rising to 3.2% in April 2025 from 3.1% in March. This rate is still below the national unemployment rate of 4.2%. The state's labor...

The job market in Minneapolis, particularly in the Twin Cities region, is characterized by a mix of robust and challenging elements. Despite a recent slowdown, the area maintains a strong economic foundation.

The employment landscape in Minneapolis is marked by a tight labor market, with the region boasting the lowest unemployment rate among major metropolitan areas. As of March 2025, the unemployment rate in the Twin Cities stands significantly lower than the national average, highlighting a robust economy and the area's ability to attract and retain talent.

Statistics show that Minnesota had 187,000 job openings in March 2025, slightly...

The job market in Minneapolis, particularly the Minneapolis-St. Paul metropolitan area, is characterized by a robust and competitive landscape. As of March 2025, the region boasts one of the lowest unemployment rates among major metropolitan areas in the country, making it an attractive location for both job seekers and employers.

The employment landscape is marked by a tight labor force, with a labor force participation rate of 72%, the highest among large metropolitan areas. The area has a labor pool of over 2 million, with employment numbers at 2,011,356 and an unemployment rate significantly lower than the national average.

Key...

The job market in Minneapolis, particularly the Twin Cities region, is characterized by a robust and competitive landscape. The area boasts the lowest unemployment rate among major metropolitan areas in the country, highlighting a tight labor market. As of recent reports, the unemployment rate in the Minneapolis-St. Paul area is significantly lower than the national average.

The employment landscape is marked by increased job creation across various sectors, including healthcare, technology, and manufacturing. These industries are expanding operations and increasing demand for skilled workers. The region is home to a labor pool of over 2 million, with the highest...

The job market in Minneapolis, particularly the Minneapolis-St. Paul area, is characterized by a robust and competitive landscape. The region boasts the lowest unemployment rate among major metropolitan areas in the country, highlighting a tight job market. As of recent reports, the unemployment rate in the Twin Cities is significantly lower than the national average, standing at around 3.0-3.1%.

The employment landscape is marked by increased job creation across various sectors, including healthcare, technology, and manufacturing. These industries are experiencing a surge in job openings due to businesses expanding their operations and a rising demand for skilled workers...

The job market in Minneapolis, particularly in the Twin Cities region, is characterized by a robust and competitive landscape. The area boasts the lowest unemployment rate among major metropolitan areas in the country, highlighting a tight job market. As of recent reports, the unemployment rate in the Minneapolis-St. Paul area is significantly lower than the national average.

The employment landscape is marked by increased job creation across various sectors, including healthcare, technology, and manufacturing. These industries are experiencing a surge in job openings due to businesses expanding their operations and a rising demand for skilled workers. Minnesota's overall...

The job market in Minneapolis, particularly in the Twin Cities region, is characterized by a robust and competitive landscape. As of recent reports, the Minneapolis-St. Paul area boasts the lowest unemployment rate among major metropolitan areas in the country, significantly lower than the national average. This tight job market reflects a strong economy and the region's ability to attract and retain talent.

Employment statistics indicate a steady and positive trend. Minnesota's unemployment rate has remained steady at 3.0%, below the national rate of 4.1%. The labor force participation rate is also high at 68.1%, compared to the national rate of 62.4%. Job...

The job market in Minneapolis is characterized by a robust and competitive landscape. The Minneapolis-St. Paul area boasts the lowest unemployment rate among major metropolitan areas in the country, highlighting a tight labor market. As of recent reports, the unemployment rate in the Twin Cities is significantly lower than the national average, reflecting a strong economy and the area's ability to attract and retain talent.

Employment in Minneapolis has seen slight growth, with moderate wage increases. Labor demand, although positive, is slowing down in certain sectors. Industries such as healthcare, construction, and finance continue to have healthy hiring...

The job market in Minneapolis is characterized by a robust economy and a tight labor force. The Minneapolis-St. Paul area boasts the lowest unemployment rate among major metropolitan areas in the country, highlighting its strong economic health and ability to attract and retain talent.

The employment landscape is marked by significant job creation, particularly in sectors such as healthcare, technology, and manufacturing. These industries have seen a surge in job openings due to businesses expanding their operations and increasing demand for skilled workers. Employment grew slightly in recent months, with moderate wage growth and positive but slowing labor...

The job market in Minneapolis, particularly in the Twin Cities region, is characterized by a robust and competitive landscape. The area boasts the lowest unemployment rate among major metropolitan areas in the country, highlighting a tight labor market. As of recent reports, the unemployment rate in the Minneapolis-St. Paul area is significantly lower than the national average.

Minnesota's overall unemployment rate has remained steady at 3.0%, below the national rate of 4.1%. The labor force participation rate has also stayed steady at 68.1%, compared to the national rate of 62.4%. Job growth in Minnesota has been solid, with a 1.4% increase over the...

The job market in Minneapolis, particularly in the Twin Cities region, is characterized by a robust and competitive landscape. Despite some unevenness, the area boasts one of the lowest unemployment rates in the country. As of recent reports, the unemployment rate in the Minneapolis-St. Paul area is significantly lower than the national average, standing at around 3.0%, which is steady and below the national rate of 4.1%.

The employment landscape is marked by a tight labor force, with various sectors experiencing a surge in job openings. Healthcare, technology, and manufacturing are among the industries seeing increased demand for skilled workers...

The job market in Minneapolis, particularly in the Twin Cities region, is characterized by a robust and competitive landscape. Despite some unevenness, the area boasts one of the lowest unemployment rates in the country. As of recent reports, the unemployment rate in the Minneapolis-St. Paul area is significantly lower than the national average, standing at around 3.0%, which is steady and below the national rate of 4.1%.

The employment landscape is marked by a tight labor force, with various sectors experiencing a surge in job openings. Healthcare, technology, and manufacturing are among the industries seeing increased demand for skilled workers...

The job market in Minneapolis, particularly in the Twin Cities region, is characterized by a robust and competitive landscape. The area boasts the lowest unemployment rate among major metropolitan areas in the country, highlighting a tight labor market. As of recent reports, the unemployment rate in the Minneapolis-St. Paul area is significantly lower than the national average, contributing to a strong economy and the region's ability to attract and retain talent.

Minnesota's overall unemployment rate has remained steady at 3.0%, below the national rate of 4.1%, with a labor force participation rate of 68.1%, higher than the national rate of 62.4%. Job...

The job market in Minneapolis is characterized by a robust and competitive landscape. The region boasts the lowest unemployment rate among major metropolitan areas in the country, with a current unemployment rate significantly lower than the national average. This tight job market is driven by a strong economy and the area's ability to attract and retain talent.

Employment in Minneapolis-St. Paul has seen slight growth, with moderate wage increases, although labor demand has been slowing down in some sectors. Hiring remains healthy in healthcare, construction, and finance, but manufacturing has experienced a decline. The labor force participation rate...

The job market in Minneapolis, particularly in the Twin Cities region, is characterized by a robust and competitive landscape. The area boasts the lowest unemployment rate among major metropolitan areas in the country, currently standing at 3.0%, which is significantly lower than the national average of 4.0%[3].

The employment landscape is marked by a tight labor market, with employment growing slightly and wage growth being moderate. Labor demand, although slowing in some sectors, remains positive, especially in healthcare, construction, and finance. However, manufacturing has seen a decrease in activity[2].

Key statistics include a labor force participation rate of 68.1...

The job market in Minneapolis, particularly in the Twin Cities region, is characterized by a robust and competitive landscape. As of early 2025, the Minneapolis-St. Paul area boasts the lowest unemployment rate among major metropolitan areas in the country, with a rate significantly lower than the national average. This tight labor market is driven by a strong economy and the region's ability to attract and retain talent.

The employment landscape is marked by increased job creation across various sectors, including healthcare, technology, and manufacturing. These industries are experiencing a surge in job openings due to business expansions and a...

The job market in Minneapolis, particularly within the Twin Cities region, is characterized by a robust and competitive landscape. The area boasts the lowest unemployment rate among major metropolitan areas in the country, with a current unemployment rate significantly lower than the national average. This tight labor market is driven by a strong demand for skilled workers, especially in sectors such as healthcare, technology, and manufacturing[1].

Employment statistics indicate that Minnesota's unemployment rate has remained steady, hovering around 3.0% as of February 2025, which is below the national rate. The labor force participation rate in Minnesota is high, at 68.1%, compared...

The job market in Minneapolis is characterized by a tight labor force and changing employment dynamics. As of 2025, the Minneapolis-St. Paul area boasts the lowest unemployment rate among major metropolitan areas in the country, with a rate significantly lower than the national average. This robust economy attracts new talent and retains existing employees, reflecting a strong job market.

The employment landscape is marked by a high number of job openings, particularly in sectors such as healthcare, technology, and manufacturing. These industries have seen a surge in job creation due to business expansions and increased demand for skilled workers...

The job market in Minneapolis is characterized by a tight labor force and changing employment dynamics. As of 2025, the Minneapolis-St. Paul area boasts the lowest unemployment rate among major metropolitan areas in the country, with a rate significantly lower than the national average. This reflects a robust economy and the area's ability to attract and retain talent.

The employment landscape is marked by a high number of job openings, particularly in sectors such as healthcare, technology, and manufacturing. These industries have seen a surge in job creation due to business expansions and increased demand for skilled workers. For...

The job market in Minneapolis is characterized by a robust and dynamic landscape, despite some recent fluctuations. As of 2025, the region boasts one of the lowest unemployment rates among major metropolitan areas in the country, currently standing at around 2.7%. This low unemployment rate reflects a tight job market, indicating a strong economy and the area's ability to attract and retain talent.

In terms of employment statistics, the Minneapolis-St. Paul area has seen significant job growth in various sectors. However, there was a contraction in employment in 2024, with a loss of 4,900 jobs, marking the first year of employment contraction...

The job market in Minneapolis is characterized by a mix of robust growth and recent challenges. Despite a tight labor force, the region boasts one of the lowest unemployment rates in the country, currently standing significantly below the national average. As of recent reports, the unemployment rate in the Minneapolis-St. Paul area has been as low as 2.1% to 2.7% over the past year, reflecting a strong economy and high demand for skilled workers.

The employment landscape is dominated by several major industries, including Health Care & Social Assistance, Manufacturing, and Retail Trade, which together account for over a third of...

The job market in Minneapolis is experiencing a mixed landscape as of 2025. Despite a overall slowdown in the job market, with total nonfarm payrolls decreasing by 4,900 jobs in 2024, there are sectors that continue to show growth and robust demand.

Employment grew slightly since the previous report, with moderate wage growth and labor demand remaining positive but slowing. Hiring in health care, construction, and finance remained healthy, while manufacturing saw a decline. Labor availability has improved, and employers reported more candidates than jobs in some sectors, a reversal of earlier labor conditions[5].

The unemployment rate is not...

The job market in Minneapolis is experiencing a mix of growth and challenges. Despite a overall slowdown in the Twin Cities job market in 2024, with a contraction of 4,900 jobs, certain sectors are thriving. The cybersecurity sector, in particular, is projected to see a 28% growth rate in roles by 2025, driven by major employers like Target, U.S. Bank, and Best Buy. Cybersecurity analysts in Minneapolis earn a median salary of $124,380, significantly above the national average.

The employment landscape in Minneapolis is diverse, with Health Care & Social Assistance being the largest-employing industry sector, followed by Manufacturing and Retail Trade. Professional...

The job market in Minneapolis is characterized by significant growth and demand, particularly in the tech sector. In 2025, the city is expected to see a 20% growth in tech roles, driven by industries such as cloud computing, cybersecurity, AI, and full-stack development. This growth is fueled by major employers like Bright Health and Flywheel.io, who are innovating in healthcare tech, data science, and AI.

The employment landscape in Minneapolis is diverse, with top industries including healthcare, social assistance, government, manufacturing, retail trade, and accommodation and food services. UnitedHealth Group, Target Corporation, Best Buy, and Medtronic are among the...

The job market in Minneapolis is experiencing significant growth and transformation, particularly in the tech sector. In 2025, the city is projected to see a 20% growth in various tech roles, driven by key employers such as Bright Health, Target, and U.S. Bank. The tech industry contributes $31 billion annually to Minnesota's economy, making it a major player in the Midwest tech scene.

The employment landscape in Minneapolis is characterized by a tight labor market, with an unemployment rate of 3.3% as of December 2024, which is lower than the national average. The city's unemployment rate has been consistently low, with Hennepin...

The job market in Minneapolis is robust and dynamic, driven by significant growth in various tech and non-tech sectors. In 2025, the tech job market is projected to grow by 20%, with high demand for roles in cloud computing, cybersecurity, AI, and full-stack development. This growth is fueled by major employers such as Bright Health and Flywheel.io, which are driving innovation in healthcare tech, data science, and AI.

The employment landscape in Minneapolis is characterized by a tight labor market, with an unemployment rate of 2.7% in the Minneapolis-St. Paul area, significantly lower than the national average. This region boasts...

The job market in Minneapolis is robust and dynamic, driven by significant growth in various tech and non-tech sectors. The city is emerging as a major tech destination, with a projected 20% growth in tech roles in 2025. This growth is fueled by key employers such as Bright Health and Flywheel.io, particularly in areas like healthcare tech, data science, and AI.

The employment landscape in Minneapolis is characterized by a tight labor market, with an unemployment rate of 2.50% as of December 2024, which is lower than the long-term average of 4.01%. This low unemployment rate reflects a strong economy and the...

The job market in Minneapolis is experiencing significant growth and transformation, particularly in the tech sector. The city is projected to see a 20% growth in tech roles by 2025, driven by key employers such as Bright Health, Target, and U.S. Bank. This growth is fueled by increasing demand for experts in cloud computing, cybersecurity, AI, and full-stack development.

The employment landscape in Minneapolis is characterized by a very low unemployment rate of 2.5% as of December 2024, which is lower than the long-term average of 4.01%. This tight labor market indicates a strong job market with more job openings than job...

The job market in Minneapolis is robust and expanding, driven by significant growth in various tech roles. The city is projected to see a 20% growth in tech jobs by 2025, with key areas including cloud computing, cybersecurity, AI, and full-stack development. Major employers such as Bright Health, Target, and U.S. Bank are driving this growth.

The employment landscape in Minneapolis is characterized by a very low unemployment rate of 2.40%, which is lower than the long-term average of 4.19%. This rate reflects the strong job market, with Minneapolis-St. Paul-Bloomington having an unemployment rate of 2.50%. The tech sector contributes substantially to...

The job market in Minneapolis is experiencing significant growth and transformation, particularly in the tech sector. By 2025, the city is projected to see a 20% growth across various tech roles, driven by key employers such as Bright Health and Flywheel.io. The tech industry contributes substantially to Minnesota's economy, with an annual impact of $31 billion.

The employment landscape in Minneapolis is robust, with the city boasting an unemployment rate of 2.40%, significantly lower than the long-term average of 4.19%. This low unemployment rate reflects the strong job market, where tech jobs make up 12.4% of Minnesota's total employment.

Major industries...

The job market in Minneapolis is robust and diverse, with several key sectors driving growth and employment opportunities. Despite a slight increase, the unemployment rate in Minneapolis remains low, at 3.10% as of November 2024, which is below the long-term average of 4.19%.

The employment landscape in Minneapolis is characterized by a strong tech sector, which accounts for 12.4% of the state's employment and contributes significantly to the local economy. Major companies such as Medtronic, Boston Scientific, Target, Best Buy, U.S. Bank, and 3M are significant employers, particularly in areas like medical technology, IoT, fintech, and cybersecurity. These industries are not...

The job market in Minneapolis is robust and dynamic, particularly in the tech sector. The city boasts a median household income of $83,544, significantly higher than the national average, indicating a strong economic foundation. The tech industry in Minneapolis is growing at a rapid pace, with tech jobs increasing twice as fast as other sectors. This growth is driven by major companies such as Medtronic, Boston Scientific, and startups, contributing $31 billion annually to the economy. The tech sector accounts for 12.4% of Minnesota's employment, with high demand for software developers and data analysts, offering salaries up to $180,000 annually for senior positions.
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The job market in Minneapolis is robust and dynamic, particularly in the tech sector. Despite a slight slowdown in overall employment growth, the city boasts a very low unemployment rate of 2.50% as of December 2024, which is lower than the long-term average of 4.01%[2].

The employment landscape in Minneapolis is characterized by a strong presence of major companies such as Medtronic, Target, U.S. Bank, and 3M, which are significant employers in the tech, medical technology, and financial sectors. The tech sector alone contributes $31 billion to the economy and accounts for 12.4% of the state's employment. High demand exists for roles...

The job market in Minneapolis is robust and dynamic, particularly in the tech sector. Despite a slight labor shortage, the city boasts a healthier job market compared to similar-sized metro areas. The median household income in Minneapolis is $83,544, significantly higher than the national average, making it an attractive location for tech professionals.

The employment landscape is characterized by high demand for software developers and data analysts, with senior positions offering up to $180,000 annually. Major companies such as Medtronic, Boston Scientific, Target, Best Buy, U.S. Bank, and 3M are significant employers, contributing to the city's strong economic base...

The job market in Minneapolis is experiencing significant growth and development, particularly in the tech sector. As of 2025, the tech industry comprises 12.4% of the city's workforce, with salaries 15% higher than in other sectors. The city boasts nearly 60,000 tech jobs and is ranked as the second-best Midwest startup city.

Employment in Minneapolis is characterized by a diverse workforce and a high median household income of over $82,000. Major industries include AI, IoT, cloud computing, and cybersecurity, with companies like Accenture, PwC, Target, and U.S. Bank being key employers. The cybersecurity job market is particularly vibrant, with a projected 28% growth...

The job market in Minneapolis is experiencing significant growth and transformation, particularly in the tech sector. The city is projected to see a 20% growth in various tech roles by 2025, driven by key employers such as Bright Health and emerging startups. This growth is fueled by high demand for experts in cloud computing, cybersecurity, AI, and full-stack development.

The employment landscape in Minneapolis is diverse, with major industries including Health Care & Social Assistance, Manufacturing, and Retail Trade. These industries account for over one-third of the metro area's total employment. Other significant sectors include Educational Services, Professional, Scientific & Technical Services...

The job market in Minneapolis is robust and growing, particularly in the tech sector. By 2025, Minneapolis has emerged as a significant tech hub, with the tech sector contributing $31 billion annually to the economy and supporting over 380,000 jobs. The median household income in Minneapolis is $83,544, which is well above the national average, making it an attractive location for tech professionals.

The employment landscape is diverse, with major companies like Medtronic, Boston Scientific, Target, U.S. Bank, and 3M driving growth in various sectors. The demand for software developers and data analysts is high, with these roles offering salaries up...

The job market in Minneapolis, and broadly in Minnesota, is characterized by a strong demand for labor and a relatively low unemployment rate. As of September 2024, Minnesota had 191,000 job openings, with a job openings rate of 5.9%, which is higher than the national rate of 4.5%[1].

The employment landscape in Minneapolis is diverse, with major industries including manufacturing, food processing, and medical devices. The region is home to significant employers such as 3M, IBM, Cargill, and General Mills. For instance, 3M in St. Paul employs 10,100 workers, while IBM in Rochester employs 4,400 workers[3].

Statistics indicate a favorable employment environment...

The job market in Minneapolis, reflective of the broader Minnesota economy, is characterized by a tight labor market and steady employment growth. As of September 2024, Minnesota had 191,000 job openings, slightly up from 186,000 in August, with a job openings rate of 5.9 percent, higher than the national rate of 4.5 percent[1].

The employment landscape in Minneapolis is marked by low unemployment rates. In October 2024, the unemployment rate in the Minneapolis-St. Paul-Bloomington metropolitan area was 2.7%, lower than the long-term average of 4.02%[2]. By November 2024, the state's unemployment rate had ticked up to 3.5%, still relatively low, with the number of unemployed increasing to 107,328 workers[4].<...

The job market in Minneapolis is characterized by strong growth and a tight labor landscape. The city is experiencing a significant expansion in the cybersecurity sector, with a projected 28% increase in cybersecurity job openings by 2024, far exceeding the national average. This growth is driven by high demand for roles such as Cyber Security Analysts, Information Security Managers, and Network Security Engineers, particularly in areas like cloud security, AI, and compliance.

The employment landscape in Minneapolis is marked by low unemployment rates. As of October 2024, the unemployment rate in the Minneapolis-St. Paul-Bloomington metropolitan area was 2.7%, which is lower than...

The job market in Minneapolis, particularly within the Minneapolis-St. Paul metropolitan area, presents a complex picture. Despite low unemployment rates, the office market is experiencing challenges. The overall office vacancy rate has risen to 18.3%, with multi-tenant office properties at 22.6%, indicating negative office absorption despite strong employment numbers[1].

The employment landscape is marked by a tight labor market, with an unemployment rate of 2.7% in October 2024, which is lower than the national average. However, job growth in certain sectors such as professional, financial, and information services has decreased, with a loss of 21,800 jobs in these areas[1].

Key statistics...

The job market in Minneapolis, particularly within the Minneapolis-St. Paul metropolitan area, presents a complex picture despite low unemployment rates. As of October 2024, the unemployment rate in the Minneapolis-St. Paul-Bloomington, MN-WI MSA was 2.7%, which is lower than the long-term average of 4.02% and the national rate of 4.1%[2][5].

The employment landscape is marked by a decrease in job growth in certain sectors. Despite the overall low unemployment rate, the office market has seen negative absorption, with office vacancies rising to 18.3% and multi-tenant office properties at 22.6% as of Q3 2024. This is particularly evident in professional, financial, and information sectors, which saw...

The job market in Minneapolis is characterized by a tight labor landscape despite some challenges. As of recent data, the Minneapolis-St. Paul metropolitan area has a relatively low unemployment rate, standing at 2.7% in October 2024, which is lower than the long-term average of 4.02%[3].

The employment landscape is marked by a significant workforce shortage, with only 51 available workers for every 100 open job positions. This shortage is particularly evident in industries such as manufacturing, administrative and support services, and finance and insurance, which experienced job losses in 2023. Conversely, locally oriented industries like retail, restaurants, construction, and healthcare have seen job gains[2][5].<...

The job market in Minneapolis is characterized by a tight labor landscape and steady employment growth. As of April 2024, Minnesota gained 3,900 jobs from March to April, with the labor force increasing by 3,710 people, maintaining a labor force participation rate of 68%[1].

The employment landscape is marked by a significant workforce shortage, with only 51 available workers for every 100 open job positions. This shortage is particularly evident in industries like manufacturing, administrative and support services, and finance and insurance. However, locally oriented industries such as retail, restaurants, construction, and healthcare have seen job gains[2].

Key statistics include a total...

The job market in Minneapolis is characterized by a tight labor landscape despite some challenges. Despite low unemployment rates, the market faces a severe workforce shortage, with only 51 available workers for every 100 open job positions, particularly in industries like manufacturing, administrative and support services, and finance and insurance[2][5].

The unemployment rate in the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area was 2.7% as of October 2024, which is lower than the long-term average of 4.02% and the national rate of 4.1% in September 2024[3]. The state of Minnesota's overall unemployment rate remained stable at 2.9% in December 2023, reflecting steady demand from employers[5].

Employment statistics...

The job market in Minneapolis, as part of the Minneapolis-St. Paul metropolitan statistical area (MSA), presents a complex picture despite low unemployment rates. As of October 2024, the unemployment rate for the Minneapolis-St. Paul-Bloomington, MN-WI MSA stood at 2.70%, which is lower than the long-term average of 4.02%[5].

The employment landscape is characterized by strong demand from employers, particularly in locally oriented industries such as retail, restaurants, construction, entertainment venues, and healthcare facilities. However, tradable sectors like manufacturing, business services, and office sectors such as professional, scientific, and technical services have experienced job losses. For instance, office sectors including real estate...

The job market in Minneapolis, part of the Minneapolis-St. Paul-Bloomington, MN-WI Metropolitan Statistical Area, presents a complex and dynamic picture. Despite low unemployment rates, the market is characterized by a tight labor market with more job openings than job seekers. As of September 2024, Minnesota had 191,000 job openings, with a job openings rate of 5.9%, higher than the national rate of 4.5%[1][3].

The employment landscape in Minnesota is marked by stability in unemployment rates, with the seasonally adjusted unemployment rate remaining steady at around 2.9% over the past few years. However, as of October 2024, the unemployment rate slightly increased to 2.7% for the...

The job market in Minneapolis, particularly within the Minneapolis-St. Paul metropolitan area, presents a complex picture despite low unemployment rates. As of recent data, the unemployment rate in the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan statistical area was 2.7% in October 2024, which is lower than the long-term average of 4.02%[5].

Despite these strong employment numbers, the office market in the Twin Cities is experiencing negative absorption. The overall unemployment rate dropped to 2.6% in Q2 2024, yet growth in typical office jobs decreased during the same period. Office vacancies are rising, with an overall market vacancy rate of 18.3% and multi-tenant office properties at 22.6%. However...

The job market in Minneapolis, part of the Minneapolis-St. Paul-Bloomington, MN-WI Metropolitan Statistical Area (MSA), presents a complex picture despite low unemployment rates. As of October 2024, the unemployment rate in the Minneapolis-St. Paul-Bloomington MSA stood at 2.70%, which is lower than the long-term average of 4.02%[5].

Despite the strong employment numbers, the office market in the Twin Cities is experiencing challenges. Office vacancies are rising, with an overall market vacancy rate of 18.3% and multi-tenant office properties at 22.6% as of Q3 2024. This is juxtaposed with a decrease in job growth in professional, financial, and information sectors, which saw a loss of 21,800...

The job market in Minneapolis, as part of the larger Minnesota economy, has shown resilience and growth in recent months. Despite some fluctuations, the overall employment landscape remains strong. In April 2024, Minnesota gained 3,900 jobs on a seasonally adjusted basis, with the labor force increasing by 3,710 people, maintaining a labor force participation rate of 68%[1].

Key statistics indicate that the unemployment rate in Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area was at 2.70% in October 2024, lower than the long-term average of 4.02%[5]. The state's unemployment rate has remained steady at 2.7% in April 2024, significantly lower than the U.S. unemployment rate of 3.9% during the same...

The job market in Minneapolis, and the broader Minnesota region, has shown a mix of resilience and challenges in recent months. As of April 2024, Minnesota gained 3,900 jobs on a seasonally adjusted basis, with the labor force increasing by 3,710 people, maintaining a labor force participation rate of 68%[1].

The employment landscape is characterized by growth in several key sectors. Financial activities, manufacturing, construction, and professional & business services were among the industries that added new jobs, with 1,800, 1,300, 1,100, and 700 jobs respectively[1]. However, there were also job losses in areas such as government, other services, information, mining, and lodging[1].

The unemployment...

The job market in Minneapolis, and broadly in Minnesota, exhibits resilience and steady growth. As of April 2024, Minnesota gained 3,900 jobs from March to April, with a labor force increase of 3,710 people, maintaining a labor force participation rate of 68%[1].

The employment landscape is characterized by a diverse range of industries. Key sectors adding new jobs include Financial Activities with 1,800 jobs, Manufacturing with 1,300 jobs, Construction with 1,100 jobs, and Professional & Business Services with 700 jobs. However, some sectors such as Government, Other Services, Information, and Mining & Lodging experienced job losses[1].

Statistics show that Minnesota's unemployment rate remained steady at 2.7% in...

The job market in Minneapolis is characterized by resilience and growth, as evidenced by recent employment trends. In April 2024, Minnesota gained 3,900 jobs on a seasonally adjusted basis, with the unemployment rate remaining steady at 2.7%, significantly lower than the U.S. unemployment rate of 3.9%[1].

The employment landscape in Minneapolis is diverse, with several industries contributing to job growth. Financial activities, manufacturing, construction, and professional & business services were among the sectors that added new jobs, with 1,800, 1,300, 1,100, and 700 jobs respectively[1]. Major employers in the region include 3M, IBM, Cargill, Inc., General Mills, and Boston Scientific Corp., which are leaders in various...