Minneapolis Job Market Report Podcast Por Inception Point Ai arte de portada

Minneapolis Job Market Report

Minneapolis Job Market Report

De: 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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Episodios
  • Minneapolis Job Market Holds Steady Amid Nationwide Shifts, Prioritizing Workforce Development in Construction and Tech

    Minneapolis Job Market Holds Steady Amid Nationwide Shifts, Prioritizing Workforce Development in Construction and Tech
    Dec 26 2025
    Minneapolis boasts a stable job market amid national economic shifts, with persistent workforce shortages in key sectors like construction driving project delays and growth challenges. The employment landscape features steady demand in healthcare, industrial development, and professional services, though early-career tech roles face declines due to AI impacts, as noted by ArcaMax reports on software developer employment dropping nearly 20 percent from late 2022 peaks. According to the Minnesota Department of Economic Development's December 2024 Employment Outlook, the metro area projects about 5,015 new construction jobs through 2032, fueled by population growth, aging infrastructure, and technologies like AI and drones. Unemployment data gaps exist for late 2025 specifics, but state UI resources from uimn.org indicate temporary wage replacement for those impacted by reductions. Trends show construction firms coping via apprenticeships, internships, and school outreach, with 78 percent of Associated General Contractors of Minnesota survey respondents citing workforce availability as a major business hindrance. Major industries include healthcare, construction, and manufacturing, led by employers like Ryan Cos., Roers Cos., and Kraus-Anderson, which report shortages in mid-level managers and skilled trades amid retirements outpacing new entrants four-to-one. Growing sectors encompass healthcare and industrial projects, with 2025 described as phenomenal by Ryan executives before a projected 2026 slowdown. Recent developments feature Minnesota's paid family and medical leave program launching January 1, 2026, administered by the Department of Employment and Economic Development, offering up to 20 weeks of benefits funded by a 0.88 percent payroll premium to boost labor retention, per Minneapolismedia analysis. Seasonal patterns tie to construction slowdowns, while commuting trends remain unaddressed in available data. Government initiatives include updated separation ordinances limiting city involvement in federal immigration enforcement, per City of Minneapolis updates, and self-sufficiency programs via Minneapolis Public Housing Authority. The market evolves toward organic talent development and work-life balance incentives. Key findings highlight construction shortages as the top barrier, upcoming paid leave as a retention booster, and proactive recruitment yielding opportunities despite gaps in precise unemployment stats. Current openings include project manager roles at Ryan Cos. in healthcare builds, mid-management supervisor positions at Kraus-Anderson, and construction apprenticeships via Roers Cos.

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    3 m
  • Minneapolis Job Market Resilient Amid National Softening: Opportunities in Healthcare, Finance, and Tech

    Minneapolis Job Market Resilient Amid National Softening: Opportunities in Healthcare, Finance, and Tech
    Dec 22 2025
    The Minneapolis job market remains stable amid national softening, with online job ads ticking up slightly from 94.6 thousand in October to 96.3 thousand in November 2025 according to The Conference Board and Lightcast data. Employment landscape shows resilience in a metro area bolstered by healthcare, finance, and manufacturing, though national trends like AI-driven burnout and career gaps affect 25 percent of job seekers with year-long pauses per BizJournals. Key statistics include a house price index rising to 601.24 in Q3 2025 from 581.66 a year prior per FRED St. Louis Fed, signaling housing pressures amid 6 percent year-over-year active listings growth per The Mortgage Reports. Unemployment rate hovers low around 2 to 3 percent based on regional Fed insights, lower than national averages. Major industries encompass healthcare via Mayo Clinic and Allina Health, finance through U.S. Bancorp, and retail led by Target, which cut 1,800 jobs in October per Modern Retail amid boycotts. Growing sectors feature health workforce projections per HRSA and tech amid AI shifts. Recent developments include Target's corporate consolidation and national online labor demand down 4.8 percent yearly per Conference Board. Seasonal patterns show tourism and retail peaks in summer, with holiday hiring now. Commuting trends favor hybrid models post-pandemic, easing urban congestion. Government initiatives push minimum wage hikes effective 2026 per Fisher Phillips, aiding low-wage workers. Market evolution reflects cooling from 2025 peaks, with more inventory but stagnant wages in service roles.

    Data gaps persist on precise local unemployment and employer-specific hiring, as searches yielded more national and regional proxies.

    Key findings: Steady ads signal opportunities despite retail woes; focus on healthcare and finance for growth. Current openings include software engineer at U.S. Bancorp, registered nurse at Hennepin Healthcare, and data analyst at Target via major job boards.

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    3 m
  • The Minneapolis Job Market: Resilience and Shifts Amid Cooling but Stable Conditions

    The Minneapolis Job Market: Resilience and Shifts Amid Cooling but Stable Conditions
    Dec 19 2025
    Minneapolis listeners are seeing a job market that is cooling from the post‑pandemic boom but still characterized by relatively high employment, steady job creation, and rising unemployment as more people re‑enter or remain in the labor force. The U.S. Bureau of Labor Statistics Midwest office reports that the Minneapolis–St. Paul labor market now totals roughly 1.5 million workers, with the metro unemployment rate hovering around the low‑4 percent range in late 2025, up from closer to 3 percent a year earlier, signaling softer but not recessionary conditions. A Minneapolis–St. Paul Economic Summary from BLS in September 2025 shows that total nonfarm employment is dominated by trade, transportation and utilities, professional and business services, education and health services, and government, with health care and professional services among the strongest job contributors. Occupational employment data for May 2024 from BLS indicate especially large concentrations of jobs in office and administrative support, health care practitioners and support roles, business and financial operations, and technology occupations, with wages in many professional fields running above national averages. A December 2025 Minneapolis Fed review of regional business conditions notes that nonresidential construction firms still report strong labor demand and hiring challenges, especially for skilled trades, even as project pipelines have softened, confirming ongoing worker shortages in specialized fields. At the state level, a Minnesota Job Openings and Labor Turnover report for mid‑2025 shows job openings still elevated by historical standards but down from pandemic peaks, with quits moderating, a sign that workers are somewhat less confident but employers remain actively hiring. According to the City of Minneapolis, the local minimum wage will rise to 16 dollars and 37 cents per hour on January 1, 2026, which may add modest upward pressure on wages in lower‑pay sectors such as hospitality and retail. Seasonal patterns remain evident: construction, tourism, and hospitality ramp up in spring and summer, while hiring cools in late fall and winter, although health care and tech recruitment are more stable year‑round. Commuting is shaped by a strong transit and biking culture and a sizable remote and hybrid workforce; recent employer surveys from the Minneapolis Fed and regional business groups suggest many white‑collar roles remain at least partially remote, broadening the effective labor shed beyond the core city. Government initiatives focus on inclusive hiring, training in technology and health care, and support for small businesses, with state workforce agencies and local partners funding reskilling in analytics, AI, and skilled trades. Data gaps remain around neighborhood‑level disparities, informal and gig work, and real‑time wages in emerging AI and green‑energy roles. Overall, key findings for listeners are that Minneapolis still offers a resilient, diversified job base; unemployment has ticked up but mostly because more people are seeking work; health care, professional and business services, tech, and skilled construction trades are leading growth; and policy changes such as the 2026 minimum‑wage hike and ongoing training programs are reshaping labor costs and opportunities. Examples of current opportunities in the city include a software engineer position at Target’s Minneapolis technology hub, a registered nurse opening at M Health Fairview, and a data analyst role at the University of Minnesota’s Carlson School–affiliated analytics teams. Thank you for tuning in, and remember to subscribe for more updates. This has been a quiet please production, for more check out quiet please dot ai.

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    4 m
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