Data released from the Minnesota Department of Employment and Economic Development (DEED) paints a picture of the current demand for workers in the Minneapolis Metro Area, also providing wage data by industry.
This chart takes a look at the ratio between available jobs as of Q2 2016 and the median wage paid. This look allows for high level snapshot into the balance of employer demand for workers and the wages workers are willing to accept, within the Twin-Cities Metro.
Overall DEED reports 1.2 unemployed person for each vacancy, equivalent to 2015 - which indicates a stable labor market within the State.
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Minneapolis-St. Paul Chart of the Week | November 14, 2016
1. Minneapolis–St. Paul
Striking a balance between job vacancy rates
and paid wages within the Metro.
Chart of the week: November 16, 2016
Sources: JLL Research, MN Department of Employment and Economic Development
• Data released from the Minnesota Department of Employment and Economic Development (DEED) paints a picture
of the current demand for workers in the Minneapolis Metro Area, also providing wage data by industry.
• This chart takes a look at the ratio between available jobs as of Q2 2016 and the median wage paid. This look allows
for high level snapshot into the balance of employer demand for workers and the wages workers are willing to
accept, within the Twin-Cities Metro.
• Overall DEED reports 1.2 unemployed person for each vacancy, equivalent to 2015 - which indicates a stable labor
market within the State.
0.40
0.50
0.34
0.38
0.47
0.27
0.30
0.44
0.24
0.19
0.16
0.15
0.14
0.07
0.04
0.17
0.07
0.17
0.11
0.09
ARTS, ENTERTAINMENT, AND RECREATION
ACCOMMODATION AND FOOD SERVICES
ADMINISTRATIVE AND WASTE SERVICES
RETAIL TRADE
OTHER SERVICES, EX. PUBLIC ADMIN
TOTAL, ALL INDUSTRIES
HEALTH CARE AND SOCIAL ASSISTANCE
AGRICULTURE, FORESTRY, FISHING & …
MANUFACTURING
WHOLESALE TRADE
TRANSPORTATION AND WAREHOUSING
EDUCATIONAL SERVICES
MANAGEMENT OF COMPANIES AND …
PUBLIC ADMINISTRATION
REAL ESTATE AND RENTAL AND LEASING
INFORMATION
UTILITIES
FINANCE AND INSURANCE
CONSTRUCTION
PROFESSIONAL AND TECHNICAL SERVICES