All Episodes

July 8, 2025 4 mins
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 million nationwide as of June 2025, a figure highlighted by reporting from Threads. Despite this uptick, hiring continues with nonfarm payrolls increasing by 147,000 jobs in the latest report, meaning the hiring environment remains active, even if job creation is moderating.

The employment landscape in Minneapolis is shaped by major industries including healthcare, finance, retail, education, manufacturing, and technology. Major employers such as Target Corporation, Wells Fargo, and numerous healthcare systems anchor the job market, with Wells Fargo, for example, currently hiring for roles like Senior Data Management Analyst. In addition, the region benefits from a strong small and medium business sector which is increasingly leveraging applicant tracking systems, according to MyShyft, to improve recruitment efficiency and remain competitive in hiring top talent.

Key growth sectors in Minneapolis include health tech, financial services, and advanced manufacturing, while the service sector, which accounts for the majority of economic activity in the city, remains stable. There is ongoing demand for professionals in data analytics, operations, and digital transformation roles, aligning with national employment trends toward technology and data-driven decision-making. At the same time, manufacturing has shown signs of contraction, as the ISM Manufacturing PMI slipped to 49.0 in July, indicating fewer new orders and persistent global uncertainty, per Helmstead Management.

Recent developments on the policy front include significant amendments to Minneapolis’ discrimination ordinance, signed into law in May 2025. According to GovDocs, the ordinance now includes protections based on justice-impacted status, housing status, and height and weight, expanding rights and accommodation requirements for employees in the city. These changes are expected to influence workplace culture and employer policies as they take effect.

Commuting trends in the Minneapolis area continue to reflect a mix of remote, hybrid, and in-person work, though up-to-date granular data on modal shifts or recent infrastructure impacts is not detailed in the current reporting. Seasonal patterns remain typical, with job growth in hospitality, tourism, and event sectors peaking in summer months, while education and health care maintain steady year-round demand.

The Twin Cities job market is also being shaped by government initiatives intended to diversify the workforce, support upskilling, and adapt to ongoing federal tax law changes, as mentioned by the Minnesota Department of Revenue. While there is little recent data on the precise effects of these initiatives, they are poised to help broaden access to employment opportunities in the coming year.

As for current job openings, listeners can find openings for a Senior Data Management Analyst at Wells Fargo, positions in health care operations, and roles in logistics or supply chain management at large local employers. For those seeking opportunities, the upcoming Minneapolis Career Fair on July 17, 2025, offers a chance to connect directly with recruiters and hiring managers from top companies, according to Choice Career Fairs.

Key findings are that Minneapolis remains a resilient and opportunity-rich job market despite economic headwinds and a rising unemployment rate. New workplace protections and a focus on equity may shift employer practices, while technology and services continue to drive demand for talent. Listeners interested in open roles should take advantage of upcoming hiring events and evolving opportunities, especially as the market responds to changes in the broader economy.

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Episode Transcript

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Speaker 1 (00:00):
Minneapolis continues to offer a robust and diverse job market
in twenty twenty five, 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
four point one per cent according to CBS News Minnesota,
reflecting a slight softening in labour conditions after years of

(00:20):
historically low unemployment. Weekly unemployment claims have risen, with nearly
two million nationwide as of June twenty twenty five, a
figure highlighted by reporting from THREADS. Despite this uptick, hiring continues,
with non farm payrolls increasing by one hundred forty seven
thousand jobs in the latest report, meaning the hiring environment

(00:43):
remains active even if job creation is moderating. The employment
landscape in Minneapolis is shaped by major industries, including healthcare, finance, retail, education, manufacturing,
and technology. Major employers such as Target Corps, Wells Fargo,
and numerous healthcare systems anchor the job market, with Wells Fargo,

(01:06):
for example, currently hiring for roles like senior data management analysts.
In addition, the region benefits from a strong small and
medium business sector, which is increasingly leveraging applicant tracking systems,
according to my Shift, to improve recruitment efficiency and remain
competitive in hiring top talent. Key growth sectors in Minneapolis

(01:28):
include health, tech, financial services, and advanced manufacturing. While the
service sector, which accounts for the majority of economic activity
in the city, remains stable, there is ongoing demand for
professionals in data analytics, operations and digital transformation roles, aligning
with national employment trends toward technology and data driven decision making.

(01:54):
At the same time, manufacturing has shown signs of contraction,
as the Ism Manufacturer PMI slip to forty nine point
zero in July, indicating fewer new orders and persistent global
uncertainty per helmstep management. Recent developments on the policy front
include significant amendments to Minneapolis discrimination Ordments, signed into law

(02:17):
in May twenty twenty five. According to govdocs, the ordinance
now includes protections based on justice impacted status, housing status,
and height and weight, expanding rights and accommodation requirements for
employees in the city. These changes are expected to influence
workplace culture and employer policies as they take effect. Commuting

(02:41):
trends in the Minneapolis area continue to reflect a mix
of remote, hybrid and in person work, though up to
date granular data on modal shifts or recent infrastructure impacts
is not detailed in the current reporting. Seasonal patterns remain typical,
with job growth in hospitality, tourings and events sectors peaking

(03:01):
in summer months, while education and healthcare maintain steady year
round demand. The Twin Cities job market is also being
shaped by government initiatives intended to diversify the workforce, support upskilling,
and adapt to ongoing federal tax law changes, as mentioned
by the Minnesota Department of Revenue. While there is little

(03:23):
recent data on the precise effects of these initiatives, they
are poised to help broaden access to employment opportunities in
the coming year. As for current job openings, listeners can
find openings for a senior data management analyst at Wells Fargo,
positions in healthcare operations, and roles in logistics or supply
chain management at large local employers. For those seeking opportunities,

(03:49):
the upcoming Minneapolis Career Fare on July seventeenth, twenty twenty five,
offers a chance to connect directly with recruiters and hiring
managers from top companies. According to Choice Career fairs. Key
findings are that Minneapolis remains a resilient and opportunity rich
job market despite economic headwinds and a rising unemployment rate.

(04:12):
New workplace protections and a focus on equity may shift
employer practices while technology and services continue to drive demand
for talent. Listeners interested in open roles should take advantage
of upcoming hiring events and evolving opportunities, especially as the
market responds to changes in the broader economy. Thank you

(04:34):
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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