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Minneapolis Job Market Report

Minneapolis Job Market Report

By: Inception Point Ai
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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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Episodes
  • Minneapolis Jobs 2026: Resilience and Immigration's Hidden Toll on Growth
    Feb 20 2026
    The Minneapolis job market in early 2026 shows resilience amid national economic softening, with a stable unemployment rate around 4.3 percent as reported by the Bureau of Labor Statistics and affirmed by Minneapolis Fed President Neel Kashkari. Employment landscape features a mix of healthcare dominance and challenges from immigration enforcement under Operation Metro Surge, which the City of Minneapolis estimates caused $203 million to $205 million in economic impact, including $47 million in lost wages and $81 million in lost small business revenue. Key statistics include Hennepin Healthcare as the top downtown employer with 7555 workers, though the top five saw headcount declines per the Minneapolis/St. Paul Business Journal; national job growth added 130,000 positions in January, with manufacturing gaining 5000 per Bureau of Labor Statistics data.

    Trends indicate rebounding optimism among small and midsize businesses, with 67 percent of Minnesota midsize leaders citing uncertain economic conditions as the top challenge but 41 percent planning headcount increases according to JPMorganChase's 2026 Business Leaders Outlook survey. Unemployment remains low at 4.3 percent, supporting a softer but decent labor market as noted by Kashkari. Major industries encompass healthcare, long-term care facing a 12500 worker shortage and 30 percent foreign-born staff per Care Providers of Minnesota, and manufacturing hit by closures like GAF's facility eliminating 120 jobs. Growing sectors include AI infrastructure, semiconductors, electric vehicles, and clean energy offering salaries from $50000 to $130000.

    Recent developments highlight fallout from federal immigration actions chilling workforce participation and business activity, with the Minneapolis Foundation issuing emergency grants amid 65 percent revenue drops for 385 Latino-owned businesses per the Latino Economic Development Center. Seasonal patterns show construction at decade-low January valuations due to enforcement fears. Commuting trends reflect caution, with residents avoiding outings per House Workforce Committee testimony. Government initiatives include calls for sales tax holds, emergency aid, and retraining programs worth over $1 billion federally.

    Market evolution points to transformation, with wage growth outpacing 2.4 percent inflation but narrowing amid slower 2025 hiring of 181000 jobs nationally. Data gaps exist on localized unemployment beyond national figures and precise commuting shifts.

    Key findings: Steady low unemployment masks immigration-driven disruptions and sector shifts toward tech manufacturing; business optimism fuels hiring potential. Current openings include registered nurse at Hennepin Healthcare, manufacturing technician in transportation equipment per Bureau of Labor Statistics trends, and long-term care aide amid shortages.

    Thank you listeners 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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    This content was created in partnership and with the help of Artificial Intelligence AI
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    4 mins
  • Minneapolis Job Market Adapts: Healthcare Strong, Automation Disrupts, Unrest Looms
    Feb 16 2026
    The job market in Minneapolis reflects a mixed national landscape amid economic revisions and local disruptions, with steady demand in healthcare but challenges from automation and federal enforcement actions. According to the MIT Living Wage Calculator updated February 15, 2026, the living wage for a single adult in the Minneapolis-St. Paul metro stands at $24.47 per hour, far above the $11.41 minimum wage, while average salaries range from $35,330 in food preparation to $145,610 in management per Bureau of Labor Statistics data. National unemployment dipped to 4.3% in January 2026 per Vergé weekly commentary, though massive downward revisions subtracted 862,000 jobs from 2025 estimates, signaling weaker momentum concentrated in health care adding 82,000 roles and social assistance 42,000. Minneapolis's employment landscape features major industries like healthcare via UnitedHealth Group, manufacturing from 3M, retail at Target, and tech with IBM, alongside historical strengths in food processing and transportation where wage gaps persist for underrepresented groups as noted in Minneapolis Media reports.

    Trends show non-tech sectors booming per Career Ahead Online, with growth in construction and social services, but AI-driven layoffs loom in offices and warehouses according to MR Online. Recent developments include a January 23, 2026, general strike of up to 100,000 against ICE raids, disrupting but not halting major employers as detailed in CounterPunch and MR Online, amid Operation Metro Surge deploying 3,000 agents. Seasonal patterns involve winter slowdowns in construction, offset by healthcare stability, while commuting relies on robust public transit despite housing segregation limiting suburban access per historical analyses. No specific government initiatives are detailed in recent data, though Realtor.com ranks Minneapolis highly for low unemployment and growth. Market evolution tracks a shift from industrial to service jobs, with data gaps on precise local unemployment and post-strike hiring due to pending BLS reports delayed by shutdowns.

    Key findings highlight resilient healthcare and non-tech growth against national revisions and local unrest, urging skill alignment with living wages. Current openings include registered nurse at UnitedHealth Group, warehouse associate at Target, and social worker at Hennepin County services.

    Thank you listeners for tuning in and remember to subscribe. This has been a Quiet Please production, for more check out quietplease.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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    3 mins
  • Minneapolis Job Market Struggles Amid ICE Enforcement, Hints of Recovery on the Horizon
    Feb 13 2026
    The job market in Minneapolis reflects a national slowdown compounded by local disruptions from Operation Metro Surge, an ICE enforcement action that has strangled economic activity in immigrant-heavy sectors. According to The American Prospect, this federal operation caused widespread fear, leading residents to stay home, bars and restaurants to see sharp business declines, and industries reliant on foot traffic to suffer disastrously, mimicking a localized lockdown like the 2020 pandemic's 20 million job losses nationwide. WCCO reports small businesses welcoming the partial ICE drawdown on February 12, 2026, but warn recovery will be long.

    Employment remains challenged amid national revisions showing only 181,000 jobs added in 2025 per CounterPunch, down from stronger prior years, with Minneapolis hit harder by enforcement impacts on construction, agriculture, and services. Unemployment stands at a national 4.3 percent as of January per U.S. Bureau of Labor Statistics data cited in multiple sources, though local rates likely exceed this due to ICE effects; Minnesota-specific gaps persist without granular city data. Health care dominates gains nationally at 121.7 percent of recent growth, while manufacturing lost 83,000 jobs and retail shed 56,400.

    Trends indicate cooling growth, with wage increases at 3.8 percent outpacing inflation but sluggish hiring; restaurant sales are projected to hit $1.55 trillion nationally in 2026 per Restaurant Business Online, suggesting moderate employment upticks. Major industries include health care, food services, and tech; key employers are undisclosed in recent reports but traditionally Target, UnitedHealth Group, and Medtronic. Growing sectors feature health care and social services, with private equity eyeing industrials and aerospace per McKinsey.

    Recent developments include Governor Walz's $10 million relief proposal for affected small businesses via DEED per the Governor's office, alongside 2026 payroll changes like Paid Family Medical Leave and minimum wage hikes from iComp Payroll. Seasonal patterns show winter slowdowns exacerbated by enforcement; commuting trends reveal reduced activity from fear. Government initiatives focus on relief and compliance.

    Market evolution points to stabilization if ICE fully withdraws, though national tariff wars and federal cuts loom. Key findings: ICE surge created acute distress, health care buffers losses, but vulnerabilities in services and construction persist amid data gaps on precise local unemployment.

    Current openings include registered nurse at Allina Health, software engineer at Target, and server at local eateries per general listings.

    Thank you listeners for tuning in, and please subscribe. This has been a Quiet Please production, for more check out quietplease.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
    Show more Show less
    3 mins
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