Minneapolis Job Market Report Podcast Por Inception Point Ai arte de portada

Minneapolis Job Market Report

Minneapolis Job Market Report

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Welcome to "Minneapolis Job Market Report," your go-to podcast for the latest insights and trends in the Minneapolis job scene. Each episode features expert analysis, interviews with industry leaders, and timely updates to help you navigate the ever-changing employment landscape. Whether you're a job seeker, employer, or just curious about the local economy, we provide valuable information to stay ahead. Tune in and stay informed about job opportunities, career advice, and market developments in the Twin Cities. Subscribe now to stay connected and make smarter career decisions in Minneapolis!

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Episodios
  • Minneapolis Job Market: Resilience Amid Challenges
    Oct 31 2025
    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 reductions at Amazon and Cargill. These events have introduced a wave of highly skilled professionals back into the local job market.

    Despite these setbacks, staffing leaders such as The Right Staff note that the region's job market shows growing optimism for hiring into 2026, especially as smaller and mid-sized firms absorb talent from departing large-company employees. According to the Federal Reserve Bank of Minneapolis, employment growth has slowed statewide in 2025, in part due to reduced net migration, broader economic cooling, and a decline in labor force participation as some discouraged job seekers stop searching. Median real wage growth, which was robust at 3.6 percent annually in previous years, has dropped to about 2.1 percent in 2025, with low-wage workers experiencing an even sharper slowdown.

    Employment in Minneapolis remains diverse and dynamic. The largest sectors include healthcare, education, retail, business services, financial services, technology, and manufacturing. Leading employers span Target, U.S. Bank, Wells Fargo, Hennepin Healthcare, and the University of Minnesota. Technology and green energy remain growing sectors, alongside ongoing demand in healthcare, logistics, and data analytics. The city has seen increased interest in remote and hybrid work, though some large employers, such as Target, recently required a return to three days per week in the office before the layoffs. Seasonal hiring patterns persist, with retail and service jobs peaking in late autumn and healthcare and construction seeing summer spikes.

    Government action to enhance workforce retraining and upskilling remains a Minnesota priority, especially following major layoffs and in response to federal shutdowns that impact services like SNAP and family healthcare. The state also continues efforts to attract talent with strong support for employer-based benefits and family-friendly work policies, recognized as fifth-best nationally for working parents.

    Recent gaps in data stem from the volatility created by mass layoffs and fluctuations in net migration, making some outlook forecasts less certain than in previous years. However, local and state leaders remain confident in the region’s fundamental strengths—diversity, resilience, and a broad economic base.

    Key current opportunities in Minneapolis include a nonprofit program manager role with the Minnesota Council of Nonprofits, a project coordinator in healthcare administration at Hennepin Healthcare, and a software engineer opening at one of several medium-sized technology firms hiring this fall.

    Thank you for tuning in and remember to subscribe. This has been a quiet please production, for more check out quiet please dot ai.

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    4 m
  • Minneapolis Job Market: Resilient Yet Shifting Amid National Trends
    Oct 27 2025
    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 optimism about future wage growth. Locally, challenges are present, especially for recent graduates and mid-career professionals competing for high-quality jobs as corporations rebalance after pandemic-era expansion.

    Major industries in Minneapolis continue to be healthcare, finance, retail, education, and technology. The largest employers in the area include UnitedHealth Group, Target, Wells Fargo, Allina Health, and the University of Minnesota. Trade, technical, and skilled labor sectors also remain robust, driven by a renewed interest in shorter, career-focused education paths. The Star Tribune reports that Minneapolis College has seen a 45 percent increase in trade program enrollment over three years as students and career-changers seek stable, well-compensated roles in construction, mechanics, welding, and related fields, reflecting a national shift away from traditional four-year college degrees. Technology and logistics jobs are experiencing moderate growth, though some employers like Target are downsizing, with 1,800 corporate job cuts announced in October 2025, about 8 percent of the company’s corporate workforce—most in Minneapolis headquarters.

    Recent developments point to both opportunity and caution. Home sales are increasing thanks to declining mortgage rates as reported by Minnesota Realtors, but seasonal patterns persist: hiring tends to rise in spring and summer and contract in winter, with educators, retail, and healthcare seeing cyclical demands. Remote and hybrid work trends continue to reshape commuting, with fewer residents returning to daily office routines and some population outflow to neighboring suburbs, according to MoveBuddha. Government and local initiatives focus on workforce development, especially in the skilled trades, and supporting small businesses as Minneapolis adapts to automation and AI-driven changes across sectors.

    Despite strong performance in core industries, listeners should note that job search experiences can vary. Many highly educated applicants face more competition and longer periods of unemployment, particularly in government and specialized roles. Gaps persist in wage growth, and while the labor market is stable, layoff waves from large employers make for periodic volatility. Hiring freezes and restructuring in tech, retail, and logistics add further complexity.

    For those seeking work today, Indeed.com lists thousands of current openings in Minneapolis. Three notable listings include a Full-time Front Desk Attendant at Ebenezer in the Phillips West area with pay between $18.51 and $26.14 per hour, a Dishwasher or Food Prep role at Hotel Indigo Downtown offering $22 to $26 hourly, and a Delivery Driver opportunity with DoorDash in the North Loop with flexible scheduling.

    In summary, Minneapolis’ job market is steady but not without headwinds. Listeners should leverage education and training opportunities in trades and technical fields, pay attention to evolving remote work patterns, and be prepared for sector-specific ups and downs as the local economy moves forward. Thank you for tuning in—please remember to subscribe. This has been a quiet please production, for more check out quiet please dot ai.

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  • The Minneapolis Job Market in 2025: Stability, Shifts, and Inclusive Workforce Initiatives
    Oct 24 2025
    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 by major industries such as healthcare, finance, retail, education, and technology. Notable employers include the Mayo Clinic, UnitedHealth Group, Target Corporation, 3M, Medtronic, University of Minnesota, and U.S. Bank. Recently, the retail sector has faced shocks, with Target announcing the elimination of 1,800 corporate positions primarily in Minneapolis as part of a streamlining effort, signaling headwinds for white-collar workers. Despite this, Minneapolis continues to see growth in technology, health care, clean energy, and construction. The city’s Community Works initiative, promoted by the City of Minneapolis, offers job-seeking support and career coaching, particularly for roles in construction, education, health care, and technology, reflecting ongoing demand in these fields.

    Housing affordability has tightened, with the Federal Reserve Bank of Minneapolis noting a 61% decline in the number of homes sold to low- and moderate-income buyers between 2021 and 2024. Rising mortgage rates and home prices have outpaced wage growth, making it challenging for new workers or those relocating for jobs. However, Minneapolis-St. Paul has avoided the sharp foreclosure spikes seen in other U.S. metros. Bankrate notes the area experienced an 18% decline in foreclosure activity over the past year, pointing to greater housing market resilience compared to national trends.

    Commuting in Minneapolis continues to favor hybrid and remote work for many office-based roles, a pattern that started during the pandemic and persists as employers adapt to worker preferences and regional transit developments. Economic development and workforce inclusion are supported by government initiatives such as the city’s Community Works program, which pairs job seekers with coaching and placements in high-demand sectors. There is limited recent data available on specific wage growth and hiring rates by occupation for fall 2025.

    For listeners seeking opportunities, current openings in Minneapolis as of late October 2025 include a software engineer at Medtronic, a clinical nurse at the Mayo Clinic, and a project manager at the University of Minnesota. These roles illustrate the continued demand for high-skill professionals in health care, research, and technology. Key findings highlight Minneapolis as a robust job market with strong employment rates, ongoing industry shifts, uneven sector growth, and evolving patterns of work and commuting. Housing affordability is a mounting challenge, but proactive local initiatives and government support continue to shape positive outcomes for diverse jobseekers. Housing pressures and corporate restructuring are trends that listeners should watch closely in the coming months.

    Thank you for tuning in and remember to subscribe. This has been a quiet please production, for more check out quiet please dot ai.

    For more http://www.quietplease.ai

    Get the best deals https://amzn.to/3ODvOta

    This content was created in partnership and with the help of Artificial Intelligence AI
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    4 m
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