Google+
Facebook icon Twitter Icon Linkedin Icon Youtube Icon Google Plus icon B

Workforce

 

Labor Force

Greater MSP's labor force has grown by nearly 2.0% over the last five years (almost twice the national average) and is expected to keep on growing by 5.6% until 2030.  

 

IndicatorMSP (16-county)MinnesotaUSA
Labor Force 1,876,171 2,979,364 156,050,000
Employment 1,814,376 2,8432,937 146,552,000
Unemployment 61,795 136,427 9,498,000
Unemployment Rate (%) 3.3% 4.6%  6.1%
Labor Force Participation Rate No data 69.7% 58.7%

Source: Minnesota Department of Employment and Economic Development, December 2014. Minnesota and US statistics are seasonally adjusted; metro seasonally adjusted data is unavailable. Click here for interactive data tool: https://apps.deed.state.mn.us/lmi/laus/CurrentStats.aspx

Ethnic Diversity

Greater MSP is also a popular destination for skilled foreign workers seeking temporary employment. The metro recieves about 4,200 H1-B Visa requests annually, ranking it among the largest metros. Over 80% of these H1-B visa requests were for STEM occupations, particularly computer engineers.

 

Greater MSP is home to 11,600 foreign students, and the University of Minnesota-Twin Cities is the most popular destination. 

 

According to 2013 Census data, over 1.2M residents in Greater MSP are from a different state or country:

 

Education:

•17% had a graduate or professional degree, a higher percentage than native residents (10%)

•72% over the age of 25 have at least some college education

 

Location:

•29% came from another country

•71% came from another state (top three metro origins include: Chicago, New York City and Phoenix)

 

Population

 

County20152020202520302035204020452015-2045 % Change
Anoka County 346,522 360,882 373,580 384,397 392,480 398,229 401,481 16%
Carver County 101,499 106,935 111,347 116,492 121,392 124,672 126,095 24%
Chisago County 60,491 63,671 65,941 68,071 69,718 70,610 70,939 17%
Dakota County 420,415 439,201 456,100 471,291 483,233 492,303 497,438 18%
Hennepin County 1,152,488 1,182,186 1,217,498 1,245,776 1,267,337 1,283,337 1,295,026 12%
Isanti County 41,857 44,172 45,748 47,263 48,495 49,499 50,200 20%
Le Sueur County 29,905 31,161 32,078 32,922 33,505 34,091 34,662 16%
Mille Lacs County 28,844 30,335 31,346 32,168 32,838 33,673 34,571 20%
Ramsey County 502,824 512,853 527,041 538,560 547,206 553,321 558,113 11%
Scott County 150,175 159,962 166,764 174,848 183,073 189,529 193,355 29%
Sherburne County 99,975 106,667 111,958 117,683 123,351 128,040 131,584 32%
Sibley County 15,796 16,208 16,578 16,913 17,166 17,339 17,483 11%
Washington County 256,136 268,482 278,841 288,909 295,925 300,117 301,744 18%
Wright County 143,740 155,175 163,610 172,983 181,632 190,736 199,712 39%

Source for Greater MSP data: Minnesota State Demographics Center, Population Data Projections.

 

Wages & Availability

The Greater MSP region has access to a deep labor pool, and those workers are concentrated into a select number of leading industries.

Description2014 Jobs2024 Jobs2014 Average Annual Wages & Salaries
Manufacturing 194,953 192,024 $66,934
Wholesale Trade 81,777 85,352 $79,493
Transportation and Warehousing 53,833 53,872 $50,114
Information 38,815 35,829 $74,251
Finance and Insurance 105,958 112,790 $100,982
Professional, Scientific and Technical Services 112,253 128,492 $85,611
Management of Companies and Enterprises 71,709 73,328 $116,628
Administration & Support and Waste Management & Remediation Services 101,547 112,566 $33,693
Health Care and Social Assistance 262,100 324,153 $44,928

Source: EMSI Covered Employment - 2014.4 - QCEW Employees

 

Employees from a variety of industries earn competitive wages in comparison with the national average, making the Greater MSP region a desirable place to live for relocating workers.  

 

Wages and Jobs by Occupation

Description2012 Jobs2024 JobsMedian EarningsNational Median Earnings
Biomedical Engineers 845 1,001 $106,175 $92,934
Mechanical Engineers 5,531 5,656 $83,172 $51,355
Electrical and Electronics Engineering Technicians 1,676  1,661 $53,737 $56,909
Food Scientists and Technologists 1,756 1,932 $74,736 $58,344
Medical Scientists, Except Epidemiologists 1,552 1,689 $58,773 $76,128
Financial Analysts 4,637 5,085 $77,038 $75,650
Accountants and Auditors 18,018 19,206 $65,380 $62,858
Computer Programmers 4,472 4,629 $73,873 $72,634
Machinists 7,941 8,403 $45,762 $39,229
Marketing Managers 6,266   6,657 $121,125 $116,022
Financial Managers 11,072   11,554 $119,224 $107,162
Industrial Machinery Mechanics 3,029 3,515 $50,758 $46,280
Network and Computer Systems Administrators 6,483 6,854 $77,168 $70,970
Human Resources Managers 2,892 3,177 $108,237 $54,309

Source: EMSI Covered Employment - 2014.4 - QCEW Employees

 

Employment by Industry & Occupation

The Greater MSP region has a higher concentration of employment in the following key sectors:

 

  • Management of Companies and Enterprises – 2.6 times the national average
  • Finance and Insurance – 40% greater than the national average
  • Manufacturing – 20% greater than the national average

 

Colleges and Universities

The 16-county Greater MSP region has a remarkable concentration of colleges and universities.

 

Twin Cities colleges and universities actively partner with the Twin Cities business community to train the next generation of workers and leaders. Many also engage in R&D, feeding the region’s innovation pipeline.

 

2011 Graduates by Program Type and Degree Type 

Program Type Associates DegreeBachelor's Degree Master's Degree Doctorate       Professional Certificate Total 
Health and Social Sciences  3,202 4,367  6,643 1,381 5,733  21,327
Business, Management and Marketing  1,173 4,577  3,730  344 987 10,811
Math and Science 1,046 5,061  2,357 717 465 9,646
Liberal Arts  3,788 4,653 682 157 350 9,630
Education  70 1,088 5,063 826 1,109 8,156
Engineering and Architecture 485 1,125 537 135 521 2,803
Construction, Production, Transportation and Protective Services 871 458  280 39 1,104 2,752
Law and Legal Studies  200 78 49 349 152 1,428
TOTAL  10,836 21,407 19,341 4,548  10,421 66,553

 

Training

The Minnesota State Colleges & Universities provides customized training to more than 122,000 employees annually. The system helps employers stay competitive and workers advance their skills and manage career changes.

 

Topics can range from general business training to industry-specific training and programs specifically designed for your company. Topics are listed on MnSCU's website here.


To download a guide to business services at MnSCU, go to http://www.mnscu.edu/media/publications/pdf/2008business-brochure.pdf

 

For more information about MnSCU’s business and industry services, call the system-wide toll-free hotline at 1-800-366-7380, or e-mail business services at bis@custhelp.com.

 

 

Connect With Us

GREATER MSP
Securian Building
400 Robert Street North, Suite 1600
Saint Paul, MN 55101

info@greatermsp.org

651.287.1300

1.855.287.5941