Minnesota Named One of the Top Five States in a U.S. News Report
Published Tuesday, February 28, 2017 1:45 pm
Minnesota was named one of the top five states in a U.S. News report.
Here's an excerpt from the report about our strong economy: In 2015, Minnesota had the second-highest labor force participation in the U.S., with health care accounting for the largest percentage of employment. The Mayo Clinic, a nonprofit organization with hospitals and research initiatives in different locations, is headquartered in Rochester and was the state’s largest employer in 2016. Manufacturing and retail trade are two other major industries in Minnesota, which houses many Fortune 500 companies such as UnitedHealth Group, Target, 3M and General Mills. With its headquarters in Minneapolis, Target was the fourth-largest employer in the state in 2016. The median household income, $63,488 in 2015, was above the national average of $55,775.