Episodios

  • Minneapolis Job Market: Resilience, Equity Gaps, and Evolving Talent Needs

    Minneapolis Job Market: Resilience, Equity Gaps, and Evolving Talent Needs
    Oct 6 2025
    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 famously diverse, anchored by major employers such as Target, UnitedHealth Group, Medtronic, General Mills, 3M, Allina Health, and U.S. Bank, as well as a large ecosystem of healthcare, education, finance, and manufacturing firms. Technology and IT continue to be among the fastest-growing sectors. Versique’s Minnesota IT Hiring Outlook highlights intense competition for skilled professionals, especially in cloud infrastructure, cybersecurity, and data engineering, with AI, automation, and hybrid work shaping evolving job requirements and recruitment strategies across all sectors.

    Despite blips in national data due to federal reporting delays and economic turbulence, key local indicators point to ongoing demand for health care, technology, skilled trades, and construction—with construction companies like Mortenson and local unions working with Twin Cities RSE to create pipelines for underrepresented workers. Training and upskilling are central in both growth and inclusion efforts, as organizations like Twin Cities RSE provide career training and job placement services focused on breaking cycles of poverty and closing participation gaps. The public sector continues innovation, with Minnesota IT Services hiring for roles like IT Operations, Systems Management, and Program Administration, reflecting steady government efforts to support digital transformation and diversity in recruitment. Data from the Minnesota Department of Employment and Economic Development show Minneapolis experiences slight seasonal slowdowns in the winter, especially in construction and hospitality, but remains relatively insulated due to year-round demand in health care, education, and finance. Commuting patterns have shifted, with hybrid and remote options becoming common, reducing downtown congestion and changing where jobs are located.

    City and state governments are proactive with workforce initiatives, targeting youth employment, reskilling, and inclusive recruitment. However, gaps persist, particularly in securing cross-sector data and real-time statistics due to ongoing disruptions in federal labor data reporting. Three current openings include IT Operations and Systems Management roles at Minnesota IT Services, and a Customer Service Specialist with a local health provider. Key findings: Minneapolis offers resilient job opportunities with low unemployment, diversified growth, and strong safety reputations, but faces ongoing challenges in workforce equity and adjusting to a tight and competitive hiring market. Thank you for tuning in and don’t forget to subscribe. This has been a quiet please production, for more check out quiet please dot ai.

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  • Minneapolis Job Market Resilient but Cooling - Opportunities in Tech, Healthcare, and Logistics

    Minneapolis Job Market Resilient but Cooling - Opportunities in Tech, Healthcare, and Logistics
    Oct 3 2025
    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 about 29,000 new jobs per month over the summer, well below recent years. The Minneapolis Federal Reserve’s regional surveys and ADP Research both report that hiring plans are cautious and employers remain wary of overexpansion, a reflection of economic uncertainty and the lingering impact of the pandemic.

    Major industries in Minneapolis remain anchored in healthcare, technology, retail, education, and financial services. Healthcare is bolstered by institutions like Mayo Clinic and UnitedHealth Group, while tech continues to grow thanks to major employers such as Target and Best Buy. NowBam highlights that tech employment expanded by 8 percent and healthcare by 5 percent over the past year within the metro, with the city’s rental market offering a favorable 19.7 percent rent-to-income ratio and a 25.5 percent vacancy rate, making it attractive for young college-educated workers. Sectors such as outpatient healthcare, AI-driven diagnostics, and logistics are experiencing robust investment interest, especially in green tech and renewable energy logistics hubs.

    Recent developments include government shutdowns impacting the release of official labor data, resulting in notable uncertainty among employers and policymakers, reports Wealth Enhancement Group and KSTP News. This lack of real-time government data is affecting decision-making and may delay upcoming job and unemployment reports, raising questions about the full scale of job market shifts. Seasonal hiring patterns, traditionally strong in retail and hospitality, have moderated, and the “no-hire, no-fire” climate means existing employees are holding onto jobs longer. Commuting trends remain stable, as telecommuting and hybrid work options persist, particularly in corporate and technology roles.

    State and city government initiatives, including workforce retraining and partnerships with local universities, emphasize healthcare, technology upskilling, and renewable energy. The market’s evolution continues to be shaped by a migration of college-educated professionals seeking affordability and career opportunities. Employer surveys from the Minneapolis Fed show cautious optimism, with most businesses planning moderate hiring over the coming year, reflecting pent-up demand waiting for improved economic clarity. Gaps in current data due to delayed federal reporting underscore the need for local surveys and employer intelligence.

    Key findings are that while unemployment remains low, competition for new jobs is intense and many roles require specialized skills. Healthcare, technology, and logistics are driving demand, while education and financial services maintain steady contribution. For those seeking new opportunities, three current job openings in Minneapolis include a data analyst position at Target, a nurse practitioner role with Allina Health, and a logistics coordinator opening at C.H. Robinson. Thank you for tuning in, and don’t forget to subscribe. This has been a quiet please production, for more check out quiet please dot ai.

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  • Minneapolis' Resilient Job Market: Diverse Sectors, Upskilling Needs, and Gen Z Challenges

    Minneapolis' Resilient Job Market: Diverse Sectors, Upskilling Needs, and Gen Z Challenges
    Sep 29 2025
    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 also offers opportunities well-suited to older workers, especially in administration and education. Newer drivers of job creation include tech, IT services, and the renewable energy sector, with public and private partnerships emphasizing retraining and upskilling for both the current and future workforce.

    The latest data from the Bureau of Labor Statistics and State of Minnesota sites in fall 2025 indicates that Minneapolis’ unemployment rate is hovering near 4 percent, close to pre-pandemic lows, despite slowing job additions. The city’s three-month average of monthly job gains fell from 232,000 in January 2025 to just 29,000 by August, signaling a cooling market and increased competition for open positions. Gen Z workers, especially new graduates, report major difficulties securing full-time roles, with youth unemployment at 10.8 percent as of July 2025 and Black Americans facing rates above 7 percent, according to the Star Tribune and recent comments by Federal Reserve Chair Jerome Powell.

    Commuting patterns have adapted post-pandemic, with ongoing remote and hybrid roles shifting traffic volumes and increasing demand for flexible workspace. Public transit usage, while down from historic highs, remains integral for lower-income and older workers. Government initiatives such as the Senior Community Service Employment Program and targeted IT and skills training by Minnesota IT Services aim to bridge talent gaps, especially in technology and management analysis. Artificial intelligence is reshaping job descriptions, especially in retail and logistics, with employers like Walmart and local firms launching AI skills programs to future-proof their workforce.

    Minneapolis experiences typical seasonal employment swings, with summer upticks in hospitality and events and winter increases in healthcare and retail support. The city’s labor market continues to evolve as immigration slows and federal economic policies shift. While manufacturing saw significant job cuts nationwide due to tariffs and slowing growth, Minneapolis’ diversification shields it better than many Midwest peers, though data on small business hiring remains difficult to gather in real time.

    Key findings are the market’s demographic split, ongoing upskilling needs, and its above-average resilience in both private and public sectors. As of late September 2025, current openings in Minneapolis include IT Operations roles at Minnesota IT Services closing October 6, Management Analysis positions closing October 3, and various full-time Legal and Labor Relations opportunities, all posted on the State of Minnesota careers portal.

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  • The Resilient Rise of Minneapolis: Navigating a Diverse, Thriving Job Market

    The Resilient Rise of Minneapolis: Navigating a Diverse, Thriving Job Market
    Sep 26 2025
    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 projects to real-time leasing interest.

    The employment landscape is anchored by a corporate presence spanning 17 Fortune 500 companies, representing advanced manufacturing, financial services, medtech, technology, energy, and retail. Healthcare, education, and government all remain major employment pillars, while the information technology, logistics, and professional services sectors grow rapidly. Minnesota IT Services points out a steady recruitment drive and an inclusive environment focused on hiring diverse talent in IT management, operations, and analysis. The multifamily housing market complementarily demonstrates robust recovery, with vacancy rates reaching new lows, boosting opportunities for both blue- and white-collar workers, according to CoStar.

    Recent job market trends include a continued "flight to quality" across industries, with tenants and employers seeking modern, efficient workspaces and enhanced amenities. Employment data reveals consistently high demand for both large-scale and smaller industrial spaces, particularly in the northwest and southwest submarkets. Salary trends also outpace inflation, supporting household stability despite modest hiring slowdowns nationally.

    Seasonal hiring patterns persist in education, retail, and transportation during the summer and winter holidays, although the overall market remains relatively stable throughout the year due to Minneapolis’ diverse base. About 24.9 percent of the workforce commutes via public transportation or alternative methods, aided by a metro region investing in infrastructure and government initiatives to boost access and workforce mobility. State legislation, such as Minnesota’s paid leave program funded through unemployment insurance, underscores efforts to create a more supportive and flexible environment for employees.

    Notably, the market has evolved from sharp pandemic-related swings to a phase of measured growth and strategic expansion in logistics, IT, and healthcare. Some gaps remain regarding the precise impact of recent national stagflation concerns and the extent of “quiet quitting” or underemployment regionally, with prevailing reports of uneven consumer spending and wage pressures.

    Current job listings in Minneapolis include IT Operations roles and a Management Analyst position at Minnesota IT Services, all full-time opportunities closing before early October 2025. In summary, Minneapolis stands out as a robust, adaptive, and inclusive job market—buoyed by careful planning, broad industry engagement, and a growing talent pipeline.

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  • Minneapolis: A Resilient Hub for Economic Opportunity and Women's Empowerment

    Minneapolis: A Resilient Hub for Economic Opportunity and Women's Empowerment
    Sep 22 2025
    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 a “curious balance” of low unemployment but slowing job gains.

    Minnesota’s job growth has moderated compared to post-pandemic highs, yet Minneapolis continues to see expansion in major industries such as healthcare, education, information technology, finance, and professional services. Major employers in the city include health systems like Allina Health, UnitedHealth Group, educational institutions such as the University of Minnesota, and corporate leaders like Target Corporation. Growing sectors include tech, biotech, green energy, and logistics, closely tied to both public and private investment initiatives. National trends noted by AOL and NewHomeSource emphasize that while the upper Midwest is not leading in nonfarm employment growth, Minneapolis remains competitive, especially in roles tied to high-income industries.

    A pronounced gender gap persists, with recent WalletHub analysis pointing out that women nationally still earn about 85 cents for every dollar earned by men; however, Minneapolis ranks among the best large cities for support and economic opportunity for women, showcased by a relatively low unemployment rate for female workers and high median earnings for female professionals. Recent initiatives by local government and community organizations have focused on advancing diversity in hiring and supporting small business creation, particularly for underrepresented groups. The League of Minnesota Cities is actively facilitating forums and solutions on economic development, affordable child care, and smart urban planning to spur further job growth.

    Seasonal employment trends persist, with stronger demand in hospitality and construction during summer months and stable hiring in healthcare and tech across the year. Commuting remains dominated by public transportation, biking, and carpooling, reflecting ongoing efforts to improve urban mobility and sustainability.

    Recent developments include the Federal Reserve’s September 2025 rate cut intended to provide a cushion for the labor market, though further rate adjustments remain uncertain. While Minneapolis is not experiencing the fastest job growth in the nation, its employment market is steady, wages are competitive, and job security remains an asset, especially for women and workers in growing industries.

    Currently, Minneapolis features openings for a software developer at Target Corporation, a registered nurse at Allina Health, and a business analyst at UnitedHealth Group.

    Key findings emphasize that Minneapolis maintains a robust and inclusive labor market, supported by targeted policy, ongoing economic diversification, and continued investment in public health and workforce development. Thank you for tuning in and please remember to subscribe. This has been a quiet please production, for more check out quiet please dot ai.

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  • Minneapolis Job Market Resilient Amidst National Slowdown

    Minneapolis Job Market Resilient Amidst National Slowdown
    Sep 19 2025
    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 experiencing job gains, while manufacturing and government roles declined, with manufacturing losing 900 jobs in August alone. Healthcare and education expanded with 4,300 new roles, while construction added 1,900 jobs, highlighting them as key growth sectors for the city. Government job losses are mainly attributed to federal cutbacks and continued layoffs, and manufacturing faces a three-month decline. The Minneapolis-St. Paul job market has proven resilient despite national slowdowns, partly due to its diverse economy, as reported by the Star Tribune and supported by revised state employment figures. However, the Minneapolis Federal Reserve notes the labor market is showing some signs of weakness, with slowed hiring and moderating wage growth mirrored across the nation, largely due to falling immigration and weaker demand. Current commuting trends remain robust, but more workers are exploring remote or hybrid roles as companies adjust to tight conditions, though granular data on Minneapolis-specific commuting is limited this year. State government initiatives focus on workforce retraining, supporting growth in sectors such as health services and technology, and investments in infrastructure and public-private partnerships. Recent developments include an increased investment in regional tech infrastructure, particularly surrounding data centers and AI, which create construction jobs but require fewer permanent hires. Seasonally, the region tends to see construction and outdoor job boosts in spring and summer, rolling off in colder months, a pattern observed in the recent uptick of construction roles. Economic evolution in Minneapolis reflects a transition from traditional manufacturing toward healthcare, technology, and services—trends consistent over recent years. Notable employers hiring in Minneapolis right now include Allina Health, seeking registered nurses; Target Corporation, hiring data analysts; and Mortenson Construction, looking for project managers. Listeners should note that while local data is robust through August, more detailed sector-specific and city-only trends may be subject to further revision as additional information is released. Thank you for tuning in and please remember to subscribe. This has been a quiet please production, for more check out quiet please dot ai.

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    3 m
  • Minneapolis Job Market Holds Steady Amid Shifting Talent Trends and Return-to-Office Mandates

    Minneapolis Job Market Holds Steady Amid Shifting Talent Trends and Return-to-Office Mandates
    Sep 15 2025
    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 such as downtown’s 55402 ZIP code reporting rates as low as 2.7 percent, which remains below the national average. Median household income for Minneapolis neighborhoods in 2021 was approximately $61,360, signaling a lower middle-class demographic in the urban core. The Twin Cities continue to house major employers in healthcare, finance, retail, medical technology, and food production, with industry leaders such as Target, UnitedHealth Group, 3M, Medtronic, and Cargill shaping the labor landscape.

    In response to pandemic-era workforce shifts, the summer of 2025 saw a decisive move among Minneapolis’s largest corporations to strengthen return-to-office mandates, especially in sectors like finance, insurance, and consulting. This trend is reshaping commuting behaviors, increasing downtown foot traffic and transit ridership after two years of hybrid work experiments. Still, about 14 percent of the U.S. labor force remains remote, according to Lightcast, fueling competition among cities to attract not only businesses but also highly mobile professionals. Sectors showing the most growth potential in Minneapolis include technology, healthcare, professional services, construction trades, clean energy, and food manufacturing. However, agriculture and food production face ongoing economic uncertainty, with sluggish growth relative to the national pace. Government-driven job initiatives focus on retraining workers for high-skill roles in tech, green industries, and the trades, leveraging federal and state funding for workforce development programs.

    Seasonal employment patterns persist, with increased hiring in retail, hospitality, and construction during summer months and a dip in hiring during late fall and winter. The Minneapolis labor market continues to evolve, with significant competition for high-skilled talent and chronic shortages in trades and healthcare. Despite downward revisions to state and regional job numbers reported in early 2025, core employment remains resilient, and the housing market signals ongoing demand, with the median home sale price at $355,000 in July 2025, a modest increase from the previous year.

    Current job openings in Minneapolis include a systems engineer at Medtronic, a financial analyst at Target, and a registered nurse at Fairview Health Services. Data gaps exist regarding granular wage growth by sector and employer-by-employer hiring projections, but major trends and leadership remain consistent. In summary, Minneapolis’s job market is navigating slow growth, low unemployment, and a shifting competitive landscape as it works to balance workforce retention and attraction amid evolving demographic and industry trends.

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  • Minneapolis Job Market Cools Amid National Trends, Opportunities Shift to Healthcare, Tech, and Government

    Minneapolis Job Market Cools Amid National Trends, Opportunities Shift to Healthcare, Tech, and Government
    Sep 12 2025
    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 counterbalance, showing resilience in an otherwise softening market. Major Minneapolis industries include health care, higher education, finance, insurance, and technology, with anchor employers like Allina Health, the University of Minnesota, U.S. Bank, Target, and Medtronic supporting much of the area’s workforce. Growing sectors continue to be health care and technology, as demand for medical services and digital solutions remains strong.

    Recent developments impacting the Minneapolis job market include aggressive trade tariffs, as detailed by City Creek Mortgage, and macroeconomic uncertainty that has caused many firms to delay expansion and hiring. This has prompted a market-wide expectation for the Federal Reserve to lower interest rates in an attempt to reinvigorate job creation. Commuting trends follow broader urban patterns, with a noticeable uptick in remote and hybrid roles reducing congestion but posing new challenges for public transit agencies and downtown businesses. Seasonal patterns remain typical, with hospitality and tourism jobs spiking in summer and retail employment rising ahead of the winter holidays, although weak job gains have muted these effects in 2025. Government initiatives target job retraining and apprenticeships, particularly for workers displaced in manufacturing and retail, yet the rapid pace of economic shifts has left gaps in immediate employment support. The American Community Survey and PHM Loans report persistent affordability challenges due to home prices and wage stagnation, even as mortgage rates start to drop to around 6.52% for a 30-year fixed loan as of September. The evolution of the market shows a transition toward flexible, skills-based hiring rather than traditional long-term employment, especially as part-time roles expand and mass layoffs impact previously resilient sectors.

    Key findings for listeners are that Minneapolis, while retaining economic diversity and major employers, faces a softer labor market with higher jobless rates and ongoing uncertainty. Listeners should note that employment opportunities are shifting to health care, technology, and government sectors, and that seasonality and Federal Reserve decisions will heavily influence near-term developments. There are still roles available in the metro; for instance, the Department of Veterans Affairs is hiring supply management specialists, while local hospitals and city agencies seek registered nurses and information technology analysts. Thank you for tuning in and don’t forget to subscribe. This has been a quiet please production, for more check out quiet please dot ai.

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