Attracting & Retaining Talent
Least stressed state — best state to raise a family
Minnesota is one of the best states to find and retain a job, start a business, and balance work and family life.
State rankings
- Least stressed state, considering indicators that range from average hours worked per week to personal bankruptcy rate to share of adults getting adequate sleep (WalletHub, 2019).
- Best state to raise a family based on five key dimensions: family fun, health & safety, education & child care, affordability and socio-economics (WalletHub, 2019).
- Best state for women, considering metrics such as median earnings for female workers, economic clout of women-owned firms and unemployment rate for women (WalletHub, 2019).
- Second best state for jobs, using metrics like improvement in unemployment, current unemployment rate and income improvements (Zippia, 2019).
- Fourth highest for 5-year business survival rate (Bureau of Labor Statistics, 2015-2019).
- Fourth best state for millennials, based on affordability, education and health, quality of life, economic health and civic engagement (WalletHub, 2019).
Minneapolis-St. Paul rankings
- Third best city for college graduates based on 5 equally-weighted factors within 3 categories important to college graduates: jobs, affordability and livability (Apartment List. Inc., 2019).
- Third best city for singles, using metrics such as population density, median age, share of population male vs. female and number of unmarried people (HomeSnacks, 2019).
- Sixth best place to start a career, considering indicators like availability of entry-level jobs, job fairs, workforce diversity, job-market saturation, housing affordability and commuter-friendliness (WalletHub, 2019).
- Seventh best city for young professionals. Minneapolis offers young professionals relatively low rent and relatively high average annual incomes (SmartAsset, 2019).