The Minneapolis Job Market: Stability Amid Shifting Trends

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 prior year, reflecting a modest national decline in online labor demand. The broader U.S. labor market has seen elevated job cuts in 2025, especially in tech and warehousing, driven by automation and softening consumer spending, though Minneapolis has not seen the same sharp contraction as some tech-heavy cities. Unemployment data specific to Minneapolis for late 2025 is not readily available in the current set, but regional trends suggest the rate remains near or slightly above pre-pandemic levels, consistent with a cooling but not collapsing labor market.

Healthcare, professional services, and certain segments of technology continue to grow, while some white-collar and tech roles have seen hiring pauses or reductions. Seasonal patterns show typical strength in retail and logistics around the holidays, with some temporary hiring in warehousing and customer service. Commuting trends indicate steady use of highways and public transit, with some growth in hybrid work arrangements affecting downtown office occupancy.

Government and workforce development initiatives focus on upskilling in IT, healthcare, and advanced manufacturing, aiming to align training with employer needs. Over time, the market has evolved toward more hybrid roles, greater emphasis on digital skills, and some consolidation in sectors exposed to AI and automation.

Current openings include IT Support Specialist at a Minneapolis-based healthcare provider, Senior Software Engineer at a local tech firm, and Registered Nurse at a major hospital system.

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