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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 Job Market in 2025: Layoffs, Housing Crunch, and Tepid Recovery Outlook

    Minneapolis Job Market in 2025: Layoffs, Housing Crunch, and Tepid Recovery Outlook
    Dec 29 2025
    The Minneapolis job market in late 2025 reflects a weakening landscape amid national economic pressures, with nearly 10,000 job losses through November according to the Minnesota Star Tribune, contributing to longer unemployment durations and persistent uncertainty. Employment remains anchored in major industries like healthcare, retail, finance, and manufacturing, where employers such as Target Corporation in Minneapolis have announced cuts alongside national firms like Amazon and General Motors. The U.S. unemployment rate reached 4.6 percent in November per federal data cited in the Star Tribune, likely mirroring Minnesota's trends though metro-specific figures are unavailable in recent reports; long-term unemployment affects about a quarter of job seekers nationwide.

    Trends show perpetual small-scale layoffs rather than mass reductions, as noted in Glassdoor's year-end analysis, fostering employee anxiety without triggering widespread WARN notices. Growing sectors are limited, with healthcare facing reductions despite projections from the Health Resources and Services Administration indicating future demand gaps, while tech and professional services encounter restructuring. Recent developments include fourth-quarter cuts tied to balance sheet reviews and economic conditions, exacerbated by federal workforce trims under the Department of Government Efficiency. Seasonal patterns feature end-of-year slowdowns in hiring, making holidays particularly challenging for the newly unemployed.

    Commuting trends are stable but strained by a housing shortage exceeding 5 percent in the Minneapolis-St. Paul-Bloomington metro per Up for Growth's 2022 data updated in Wealth Enhancement Group's 2025 analysis, with new permits lagging job growth and home prices up 2 percent yearly to around $379,000 via Zillow metrics. Government initiatives are sparse in current data, though past COVID-era programs like the MEALS Act faced fraud scrutiny as reported by ABC7. Market evolution points to no major 2026 improvements, per University of Minnesota's Alan Benson.

    Data gaps persist on precise local unemployment, 2025 job growth by sector, and commuting shifts post-housing crunch. Key findings: caution amid layoffs, housing barriers to mobility, and tepid recovery outlook.

    Current openings include a healthcare administrator role at a Minneapolis system, a marketing consultant position in senior living from Versique recruiting, and a corporate analyst spot at Target.

    Thank you listeners for tuning in, and please subscribe for more updates. This has been a Quiet Please production, for more check out quietplease.ai.

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    3 mins
  • 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.

    Thank you listeners for tuning in, and please subscribe for more insights. 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

    This content was created in partnership and with the help of Artificial Intelligence AI
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    3 mins
  • 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.

    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.

    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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