Minneapolis Job Market Holds Steady Amid Nationwide Shifts, Prioritizing Workforce Development in Construction and Tech

Minneapolis boasts a stable job market amid national economic shifts, with persistent workforce shortages in key sectors like construction driving project delays and growth challenges. The employment landscape features steady demand in healthcare, industrial development, and professional services, though early-career tech roles face declines due to AI impacts, as noted by ArcaMax reports on software developer employment dropping nearly 20 percent from late 2022 peaks. According to the Minnesota Department of Economic Development's December 2024 Employment Outlook, the metro area projects about 5,015 new construction jobs through 2032, fueled by population growth, aging infrastructure, and technologies like AI and drones. Unemployment data gaps exist for late 2025 specifics, but state UI resources from uimn.org indicate temporary wage replacement for those impacted by reductions. Trends show construction firms coping via apprenticeships, internships, and school outreach, with 78 percent of Associated General Contractors of Minnesota survey respondents citing workforce availability as a major business hindrance. Major industries include healthcare, construction, and manufacturing, led by employers like Ryan Cos., Roers Cos., and Kraus-Anderson, which report shortages in mid-level managers and skilled trades amid retirements outpacing new entrants four-to-one. Growing sectors encompass healthcare and industrial projects, with 2025 described as phenomenal by Ryan executives before a projected 2026 slowdown. Recent developments feature Minnesota's paid family and medical leave program launching January 1, 2026, administered by the Department of Employment and Economic Development, offering up to 20 weeks of benefits funded by a 0.88 percent payroll premium to boost labor retention, per Minneapolismedia analysis. Seasonal patterns tie to construction slowdowns, while commuting trends remain unaddressed in available data. Government initiatives include updated separation ordinances limiting city involvement in federal immigration enforcement, per City of Minneapolis updates, and self-sufficiency programs via Minneapolis Public Housing Authority. The market evolves toward organic talent development and work-life balance incentives. Key findings highlight construction shortages as the top barrier, upcoming paid leave as a retention booster, and proactive recruitment yielding opportunities despite gaps in precise unemployment stats. Current openings include project manager roles at Ryan Cos. in healthcare builds, mid-management supervisor positions at Kraus-Anderson, and construction apprenticeships via Roers Cos.

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