Topic: Minnesota’s Labor Market
Speaker: Tim O’Neill, Minnesota Department of Employment and Economic Development
Job openings in Minnesota soared to a record high in the second quarter of 2021 as demand for workers greatly outpaced hiring. As the state’s economy continues to recover from the pandemic recession, employers in Minnesota reported more than 205,000 vacancies.
The seven-county Twin Cities metro had just over 119,500 job vacancies (58% of the statewide total), while Greater Minnesota had 86,000 vacancies. Job vacancies in the Twin Cities were up 81% compared to 2020 while job vacancies in Greater Minnesota were up 88% over the year. Both the Twin Cities and Greater Minnesota had 0.6 job seekers per vacancy, returning to the tight labor market conditions of the three years immediately prior to the pandemic.
This presentation will highlight current realities and trends in the state’s labor market, and show where one can find the tools and resources to learn more.
Tim O'Neill is DEED's regional analyst for the seven-county Twin Cities region of Minnesota. He has a bachelor's degree in history and political science from St. Olaf College in Northfield and a master's degree in public policy from the Humphrey School of Public Affairs at the University of Minnesota in Minneapolis.
1.0 CEU available on request
