Minneapolis Job Market Report

Minneapolis Job Market Report

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! For more info go to https://www.quietperiodplease....

Episodes

September 12, 2025 3 mins
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 Minne...
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Minneapolis continues to be a major hub of employment in the Upper Midwest, shaped by a mix of established industries and emerging sectors. The current job market reflects both resilience and subtle shifts, with the Bureau of Labor Statistics indicating a slowing but steady labor market nationwide. In August, the US economy added only about 22,000 jobs, and the job openings-to-unemployed ratio has dropped below 1 for the first time...
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The Minneapolis job market in 2025 reflects the national trend of a significant slowdown, with recent data from the U.S. Bureau of Labor Statistics and local reports noting a marked deceleration in hiring throughout the summer. Nationally, only 22,000 jobs were added last month, well below expectations, and Minneapolis has not escaped this cooling. The unemployment rate rose to 4.3 percent, the highest since 2021, suggesting increa...
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Minneapolis remains a strong economic hub in the Midwest, often outperforming national averages in job growth and workforce participation, with the Minnesota Department of Employment and Economic Development naming Minnesota sixth in the country for business climate in recent competitive rankings. According to CBS News Minnesota, the labor market continues to show resilience despite national slowdowns, reporting that the state’s wo...
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The job market in Minneapolis has become more cautious and competitive as of late 2025. According to Fitch Ratings, the area’s unemployment rate is about 70 percent of the national rate, indicating Minneapolis remains below national jobless averages. Trends indicate a labor market slowdown, with fewer job openings compared to the pandemic era and a sharp drop-off in job-hopping and wage gains for workers switching employers, as doc...
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Minneapolis is experiencing a robust job market as of late summer 2025, characterized by low unemployment and strong employer demand, though growth has moderated in line with national economic cooling. Economic data from CBS Minnesota indicates that Minnesota’s unemployment rate dropped to a record low of 2 percent for May, marking the lowest level seen in more than two decades. This tight labor market reflects a sustained recovery...
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The job market in Minneapolis is showing mixed signals in August 2025, balancing relatively low unemployment with early signs of cooling and shifting sector strength. According to the Star Tribune, the Minneapolis area unemployment rate recently reached 3.5% after the state lost approximately 4,400 jobs in July, which state officials characterize as an early warning of a broader economic slowdown. Despite labor market fatigue, Fede...
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Minneapolis’ job market has recently shown signs of deceleration after a long period of resilience, reflecting larger economic headwinds across Minnesota. According to the state’s Department of Employment and Economic Development, Minnesota lost 4,400 jobs in July 2025, a shift attributed partly to national economic policies such as changing tariffs, federal funding cuts, and adjustments to immigration. The state’s unemployment rat...
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Minneapolis is currently experiencing a shifting job market amid broader economic uncertainties nationwide. According to CBS News Minnesota, the state remains highly competitive for business with notably strong workforce quality, infrastructure, and economic health. The Minneapolis employment landscape, like much of the U.S., has weathered recent slowdowns, with employers nationally adding 142,000 jobs in August, which was weaker t...
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The job market in Minneapolis in August 2025 is marked by steady activity, robust sector diversity, and moderate employment growth. Indeed.com reports roughly 52,000 available job openings in the Minneapolis-Saint Paul metropolitan area, underscoring strong demand for workers across a wide variety of industries. Sectors such as healthcare, retail, professional and business services, finance, and technology continue to anchor the ci...
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The job market in Minneapolis as of August 2025 reflects several national and regional trends, with local nuances shaping employment opportunities and challenges. The region hosts approximately 3 million jobs, making it a significant economic center in the Midwest according to Fitch Ratings. While nationwide hiring slowed in July 2025 with only 73,000 jobs added and the US unemployment rate climbing to 4.2 percent, Minneapolis stil...
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Minneapolis is showing signs of a resilient job market in mid-2025 with unemployment at 4.1 percent as reported by the US Bureau of Labor Statistics and confirmed in Kiplinger’s July update. The labor market is seeing steady employment growth with national nonfarm payrolls increasing by 147,000 in June and jobless claims consistently lower than expected, suggesting stability and ongoing demand for workers. According to the World Ec...
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The job market in Minneapolis as of July 2025 remains robust with Minnesota adding more than 48,500 jobs in the previous year, growing faster than the U.S. average according to the Cook County News Herald. Minnesota’s unemployment rate in June 2025 was among the nation's lowest, with unadjusted county-level data suggesting stable or even slightly improving conditions compared to broader national trends. The Minneapolis-St. Paul reg...
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The job market in Minneapolis remains dynamic and resilient, characterized by steady job additions and a competitive unemployment rate. According to Red Lake Nation News, Minnesota added over 48,500 jobs between July 2024 and June 2025, a rise of 1.6 percent, and the private sector saw a growth of nearly 35,000 jobs or 1.3 percent, outpacing the national average. Minneapolis, as the anchor city of the state, benefits directly from ...
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The job market in Minneapolis remains steady and resilient, echoing statewide stability in Minnesota’s employment landscape for June 2025. According to Minnesota’s Department of Employment and Economic Development (DEED), the state’s unemployment rate held firm at 3.3 percent, outpacing the national average of 4.1 percent. The labor force participation rate is a robust 68.2 percent, with 2,100 people entering the labor force in Jun...
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Minneapolis remains a dynamic job market, reflecting both the broader economic stability of Minnesota and emerging national labor trends. According to Indeed, as of July 2025, over 75,000 job openings are listed statewide, with a significant portion concentrated in the Twin Cities region, including Minneapolis. The unemployment rate is about 4.1 percent, based on figures reported by KLFDRadio, indicating a relatively tight labor ma...
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The Minneapolis job market in July 2025 shows signs of resilience, though some softening is evident. According to CBS Minnesota, the U.S. added 147,000 jobs in June 2025, bringing the national unemployment rate to 4.1%. Minneapolis reflects these broader trends, with key workforce statistics still steady despite ongoing economic headwinds. Helmstead Management notes that job openings remain high, with 7.7 million available position...
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Minneapolis continues to offer a robust and diverse job market in 2025, though it is experiencing a period of transition as economic growth slows compared to previous years. The unemployment rate in Minnesota has recently edged up to 4.1 percent, according to CBS News Minnesota, reflecting a slight softening in labor conditions after years of historically low unemployment. Weekly unemployment claims have risen, with nearly two mill...
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The job market in Minneapolis, as part of the broader Minnesota economy, is characterized by robust demand for labor and a strong labor force participation rate. In March 2025, Minnesota reported 187,000 job openings, a slight increase from the 184,000 openings in February, indicating a healthy labor market.

The employment landscape in Minneapolis is marked by a high labor force participation rate of 68.2%, significantly higher than...
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The job market in Minneapolis, as part of the broader Minnesota economy, is characterized by a mix of stability and subtle changes. In March 2025, Minnesota reported 187,000 job openings, slightly up from the 184,000 openings in February, indicating a robust job market.

The employment landscape in Minneapolis is marked by a low unemployment rate, which increased to 3.2% in April 2025 from 3.1% in March. Despite this slight increase,...
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