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 Economic Forum, nationwide manufacturing still faces significant skills gaps, with Minneapolis reflecting this trend through persistent shortages in qualified trades and manufacturing talent due to an aging workforce and a reduced pipeline from vocational programs. The region’s employment landscape is anchored by major industries including healthcare, education, financial services, manufacturing, and technology, with companies like Wells Fargo, Target, Hennepin Healthcare, and 3M maintaining large local footprints. Downtown Minneapolis is experiencing gradual return-to-office activity, although vacancy rates remain high, which has a ripple effect on downtown service jobs, as noted by Axios.
The job market also shows growth in advanced manufacturing and healthcare, responding to investment and labor shortages, while technology and nonprofit sectors continue to post strong hiring demand. The Council of Nonprofits reports multiple openings supporting education, social services, and development. Recent construction, technology, and healthcare expansions provide opportunities despite ongoing shifts, with US Steel's acquisition by Nippon Steel expected to fuel local modernization and new roles in the coming years, according to the World Economic Forum. Meanwhile, commuting patterns are evolving, as hybrid and remote roles remain prevalent even as office attendance improves. Government initiatives supporting workforce retraining, vocation education, and digital inclusion are designed to address gaps, and AT&T continues its push for affordable high-speed internet to bridge digital divides in Minneapolis.
Market evolution is shaped by technological disruption and demographic shifts—many employers are changing their hiring and training strategies, although data on recent wage trends and entry-level mobility is less comprehensive. Notable seasonal patterns affect industries such as retail and hospitality, which see hiring spikes in summer and holiday months. Data gaps remain around hyperlocal job placement outcomes and specific sector wage matrices, but national and state-level trends mirror positive business and consumer confidence even amid tariff and inflation concerns, according to commentary from NPR and Kiplinger. As of today, current job openings in Minneapolis include an Executive Director at Tusen Tack (Braham, remote/hybrid), a Construction Assistant at Twin Cities Habitat for Humanity, and a Member Services Coordinator at the Saint Paul Area Association of REALTORS. Key findings are that Minneapolis maintains a tight labor market with strong employment growth, sectoral mismatches in skills, and a continued shift toward hybrid work and advanced manufacturing. 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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The job market also shows growth in advanced manufacturing and healthcare, responding to investment and labor shortages, while technology and nonprofit sectors continue to post strong hiring demand. The Council of Nonprofits reports multiple openings supporting education, social services, and development. Recent construction, technology, and healthcare expansions provide opportunities despite ongoing shifts, with US Steel's acquisition by Nippon Steel expected to fuel local modernization and new roles in the coming years, according to the World Economic Forum. Meanwhile, commuting patterns are evolving, as hybrid and remote roles remain prevalent even as office attendance improves. Government initiatives supporting workforce retraining, vocation education, and digital inclusion are designed to address gaps, and AT&T continues its push for affordable high-speed internet to bridge digital divides in Minneapolis.
Market evolution is shaped by technological disruption and demographic shifts—many employers are changing their hiring and training strategies, although data on recent wage trends and entry-level mobility is less comprehensive. Notable seasonal patterns affect industries such as retail and hospitality, which see hiring spikes in summer and holiday months. Data gaps remain around hyperlocal job placement outcomes and specific sector wage matrices, but national and state-level trends mirror positive business and consumer confidence even amid tariff and inflation concerns, according to commentary from NPR and Kiplinger. As of today, current job openings in Minneapolis include an Executive Director at Tusen Tack (Braham, remote/hybrid), a Construction Assistant at Twin Cities Habitat for Humanity, and a Member Services Coordinator at the Saint Paul Area Association of REALTORS. Key findings are that Minneapolis maintains a tight labor market with strong employment growth, sectoral mismatches in skills, and a continued shift toward hybrid work and advanced manufacturing. 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.
For more http://www.quietplease.ai
Get the best deals https://amzn.to/3ODvOta
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
Minneapolis is showing signs of a resilient job market in
mid twenty twenty five, with unemployment at four point one
percent as reported by the US Bureau of Labour Statistics
and confirmed in Kiplinger's July update. The labor market is
seeing steady employment growth, with national non farm payrolls increasing
by one hundred and forty seven thousand in June and
(00:20):
jobless claims consistently lower than expected, suggesting stability and ongoing
demand for workers. According to the World Economic Forum, nationwide,
manufacturing still faces significant skills gaps, with Minneapolis reflecting this
trend through persistent shortages in qualified trades and manufacturing talent
due to an aging workforce and a reduced pipeline from
(00:42):
vocational programs. The region's employment landscape is anchored by major
industries including healthcare, education, financial services, manufacturing, and technology, with
companies like Wells Fargo, Target, Hennepin Healthcare, and three Million
maintaining large local footprints Downtown. How Minneapolis is experiencing gradual
return to office activity, although vacancy rates remain high, which
(01:06):
has a ripple effect on downtown service jobs. As noted
by Axios, the job market also shows growth in advanced
manufacturing and healthcare, responding to investment in labor shortages, while
technology and nonprofit sectors continue to post strong hiring demand.
The Council of Nonprofits reports multiple openings supporting education, social services,
and development. Recent construction, technology, and healthcare expansions provide opportunities
(01:31):
despite ongoing shifts, with US Steel's acquisition by nip and
Steel expected to fuel local modernization and new roles in
the coming years, according to the World Economic Forum. Meanwhile,
commuting patterns are evolving as hybrid and remote roles remain prevalent,
even as office attendance improves. Government initiatives supporting workforce retraining, vocation, education,
(01:53):
and digital inclusion are designed to address gaps, and AT
and T continues its push for affordable, high speed internet
to bridge digital divides in Minneapolis. Market evolution is shaped
by technological disruption and demographic shifts. Many employers are changing
their hiring and training strategies, although data on recent wage
trends and entry level mobility is less comprehensive. Notable seasonal
(02:15):
patterns affect industries such as retail and hospitality, which see
hiring spikes in summer and holiday months. Data gaps remain
around hyper local job placement outcomes and specific sector wage matrices,
but national and state level trends mirror positive business and
consumer confidence, even amid tariff and inflation concerns, according to
commentary from NPR and Kiplinger. As of today, current job
(02:39):
openings in Minneapolis include an executive director at Tussin tack
Ram Remote or Hybrid, a construction assistant at Twin Cities
Habitat for Humanity, and a member services coordinator at the
Saint Paul Area Association of Realtors. Key findings are that
Minneapolis maintains a tight labor market with strong employment growth,
sectoral mismas and skills, and a continued shift toward hybrid
(03:03):
work in advanced manufacturing. 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
Minneapolis is showing signs of a resilient job market in
mid twenty twenty five, with unemployment at four point one
percent as reported by the US Bureau of Labour Statistics
and confirmed in Kiplinger's July update. The labor market is
seeing steady employment growth, with national non farm payrolls increasing
by one hundred and forty seven thousand in June and
(00:20):
jobless claims consistently lower than expected, suggesting stability and ongoing
demand for workers. According to the World Economic Forum, nationwide,
manufacturing still faces significant skills gaps, with Minneapolis reflecting this
trend through persistent shortages in qualified trades and manufacturing talent
due to an aging workforce and a reduced pipeline from
(00:42):
vocational programs. The region's employment landscape is anchored by major
industries including healthcare, education, financial services, manufacturing, and technology, with
companies like Wells Fargo, Target, Hennepin Healthcare, and three Million
maintaining large local footprints Downtown. How Minneapolis is experiencing gradual
return to office activity, although vacancy rates remain high, which
(01:06):
has a ripple effect on downtown service jobs. As noted
by Axios, the job market also shows growth in advanced
manufacturing and healthcare, responding to investment in labor shortages, while
technology and nonprofit sectors continue to post strong hiring demand.
The Council of Nonprofits reports multiple openings supporting education, social services,
and development. Recent construction, technology, and healthcare expansions provide opportunities
(01:31):
despite ongoing shifts, with US Steel's acquisition by nip and
Steel expected to fuel local modernization and new roles in
the coming years, according to the World Economic Forum. Meanwhile,
commuting patterns are evolving as hybrid and remote roles remain prevalent,
even as office attendance improves. Government initiatives supporting workforce retraining, vocation, education,
(01:53):
and digital inclusion are designed to address gaps, and AT
and T continues its push for affordable, high speed internet
to bridge digital divides in Minneapolis. Market evolution is shaped
by technological disruption and demographic shifts. Many employers are changing
their hiring and training strategies, although data on recent wage
trends and entry level mobility is less comprehensive. Notable seasonal
(02:15):
patterns affect industries such as retail and hospitality, which see
hiring spikes in summer and holiday months. Data gaps remain
around hyper local job placement outcomes and specific sector wage matrices,
but national and state level trends mirror positive business and
consumer confidence, even amid tariff and inflation concerns, according to
commentary from NPR and Kiplinger. As of today, current job
(02:39):
openings in Minneapolis include an executive director at Tussin tack
Ram Remote or Hybrid, a construction assistant at Twin Cities
Habitat for Humanity, and a member services coordinator at the
Saint Paul Area Association of Realtors. Key findings are that
Minneapolis maintains a tight labor market with strong employment growth,
sectoral mismas and skills, and a continued shift toward hybrid
(03:03):
work in advanced manufacturing. 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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