Industrial Analysis
by Nick Dobbins
July 2025
Monthly analysis is based on seasonally adjusted employment data.
Yearly analysis is based on unadjusted employment data.
Overview
Minnesota employment was down slightly over the month in June as employers shed 800 jobs or 0.0%. The decline came primarily among service providers, which lost 1,300 jobs (0.1%) while good producers added 500 jobs (0.1%). In the first half of 2025 Minnesota employers added 20,500 seasonally adjusted jobs.
On an annual basis Minnesota employers added 48,538 jobs or 1.6%. This was better than May’s growth of 1.3% and the highest over-the-year growth employers in the state have posted since June of 2023. Service providers added 44,201 jobs (1.7%) in June, and goods producers added 4,337 jobs (0.9%).
Mining and Logging
Monthly employment growth in Mining and Logging was flat on a seasonally adjusted basis in June as employment held at 6,400 jobs. Overall employment is down by 200 jobs on a seasonally adjusted basis so far in 2025.
Over the year Mining and Logging employers lost 106 jobs or 1.6%. This was the lowest proportional growth of any supersector in Minnesota. It was the second consecutive month of over-the-year job losses for Mining and Logging employers, after posting annual growth of greater than 4% for each of the first three months of 2025.
Construction
Employment in Construction was up by 2,200 (1.6%) over the month in June. This was the highest proportional growth of any supersector in the state. The growth came following a loss of 1,400 jobs in May, suggesting some later in the season employment growth for the highly seasonal industry group.
On an annual basis employment in Construction was up by 4,099 or 2.7%, outpacing national growth of 1.4% in the supersector. All three component sectors added jobs on the year, led by Heavy and Civil Engineering Construction, which was up by 2,514 jobs or 10.9%. Construction of Buildings was up 1,142 (3.4%), Specialty Trade Contractors added 443 jobs (0.5%).
Manufacturing
Manufacturing employment was off by 1,700 (0.5%) over the month of June. Durable Goods Manufacturing was down 1,200 (0.6%), and Non-Durable Goods Manufacturing was down 500 (0.4%). This was the first seasonally adjusted decline for the supersector since December of 2024.
Over the year employment in Manufacturing was up by 344 or 0.1%, while national Manufacturing employment was down 0.7%. Statewide growth was entirely in Non-Durable Goods Manufacturing, which added 1,096 jobs (1%) thanks to the addition of 1,512 jobs (3.2%) in Food Manufacturing. Durable Goods manufacturers lost 752 jobs or 0.4%, with losses of note in Computer and Electronic Products Manufacturing (down 797 or 1.8%) and Transportation Equipment Manufacturing (down 361, or 2.9%).
Trade, Transportation, and Utilities
Employment in Trade, Transportation, and Utilities was up by 1,700 or 0.3% in June. All three component sectors added jobs on the month. Transportation, Warehousing, and Utilities was up 1,200 (1%), Retail Trade was up 300 (0.1%), and Wholesale Trade was up 200 (0.2%). The supersector has added jobs on a seasonally adjusted basis in four consecutive months.
Annually employment in the supersector was up by 4,648 jobs or 0.9%, slightly better than the national growth of 0.6%. Wholesale Trade lost 2,023 jobs (1.5%). Those losses, however, were offset by the addition of 5,494 jobs (4.8%) in Transportation, Warehousing, and Utilities, and 1,177 jobs (0.4%) in Retail Trade.
Information
Information employment was up by 200 (0.5%) over the month in June on a seasonally adjusted basis. This growth broke a streak of three consecutive months of job losses for the supersector. So far in 2025 Information employers have shed 400 jobs.
Over the year Information employers shed 556 jobs or 1.3%, which was worse than the national loss of 0.2%, but better than May’s decline of 2% and the best annual growth mark for the supersector in 2025. Telecommunications lost 402 jobs (4.7%), while Publishing Industries added 173 jobs (0.9%).
Financial Activities
Employment in Financial Activities was off by 100 (0.1%) over the month in June. It was the fifth consecutive month of seasonally adjusted job losses for the supersector, which has shed 1,600 jobs so far in 2025. Real Estate and Rental and Leasing was down 200 (0.6%) on the month, while Finance and Insurance added 100 jobs (0.1%).
On an annual basis Financial Activities employers shed 2,933 jobs or 1.5%, while employment in the supersector was up by 1% nationally. Real Estate and Rental and Leasing employment was down 298 (0.8%), and Finance and Insurance employment was down 2,635 jobs (1.7%).
Professional and Business Services
Professional and Business Services employers added 200 jobs (0.1%) in June. Professional, Scientific, and Technical Services added 500 jobs (0.3%), and Management of Companies and Enterprises added 200 jobs (0.2%) while employment in Administrative and Support and Waste Management and Remediation Services was down by 500 (0.4%). The supersector has added jobs in five of six months so far in 2025.
Annually Professional and Business Services employment was up by 3,201 jobs or 0.9%, while the employment in the supersector was down by 0.1% nationally. Professional, Scientific, and Technical Services drove the growth, adding 3,224 jobs (1.9%). Administrative and Support and Waste Management added 354 jobs (0.3%) despite the loss of 2,375 jobs (5.2%) in Employment Services.
Educational and Health Services
Educational and Health Services employment was down by 2,700 (0.4%) over the month in June, following growth of 3,200 jobs in May. The declines came primarily in Educational Services, which was off by 2,100 jobs (2.9%), suggesting some shifting seasonality this year. Health Care and Social Assistance employment was down by 600 (0.1%) over the month.
On an annual basis Education and Health Services employers added 26,961 jobs or 4.6%. This was the highest real and proportional growth of any supersector in the state, and outpaced the national growth of 3.3%. Employment in Educational Services was up 4.7% (3,087 jobs), and Health Care and Social Assistance was up 4.6% (23,874 jobs). Employment in Nursing Care Facilities as up 5.8% (2,312 jobs) on the year.
Leisure and Hospitality
Employment in Leisure and Hospitality was off by 1,300 (0.5%) over the month. Arts, Entertainment, and Recreation added 1,100 jobs (2.1%), but that growth was more than offset by the loss of 2,400 jobs (1.1%) in the larger Accommodation and Food Services sector. Overall, the supersector added 400 jobs so far in 2025.
Over the year Leisure and Hospitality employers lost 336 jobs or 0.1% compared to positive national growth of 1.4%. The declines in Minnesota came in Accommodation and Food Services, which shed 2,979 jobs (1.3%) with losses in all published component sectors. Arts, Entertainment, and Recreation employers added 2,643 jobs or 4.7% on the year.
Other Services
Other Services employment was down by 800 (0.7%) on a seasonally adjusted basis in June. It was the third consecutive month of job losses for the supersector, following three months of positive growth to start the year.
Annually Other Services employers lost 464 jobs or 0.4% compared to growth of 1% at the national level. Statewide declines were driven by Personal and Laundry Services (down 206 jobs or 0.8%) and Religious, Grantmaking, Civic, and Professional Organizations (down 441 jobs or 0.7%), while Repair and Maintenance employment was up by 183 jobs (0.7%).
Government
Government employers added 1,500 jobs (0.3%) over the month of June. The seasonally adjusted growth came entirely at the Local Government level, up 1,800 jobs or 0.6%. State employers lost 200 jobs (0.2%), and Federal Government employment was down 100 jobs (0.3%).
Over the year Government employment was up 13,680 jobs or 3.2%, outpacing the national growth of 1.5%. Local Government added 11,801 jobs (3.95), and State Government added 2,635 jobs (2.6%) with both levels of government adding jobs in educational and non-educational component sectors. Federal Government employment was down by 756 jobs or 2.3%.
| Minnesota Seasonally Adjusted Nonagricultural Wage and Salary Employment (In Thousands) | |||
|---|---|---|---|
| Industry | Jun-25 | May-25 | Apr-25 |
| Total Nonfarm | 3,055 | 3,056 | 3,049 |
| Goods-Producing | 470 | 470 | 471 |
| Mining and Logging | 6 | 6 | 7 |
| Construction | 141 | 139 | 140 |
| Manufacturing | 323 | 324 | 324 |
| Service-Providing | 2,585 | 2,586 | 2,579 |
| Trade, Transportation, and Utilities | 541 | 540 | 537 |
| Information | 43 | 43 | 43 |
| Financial Activities | 186 | 187 | 187 |
| Professional and Business Services | 376 | 375 | 375 |
| Educational and Health Services | 609 | 611 | 608 |
| Leisure and Hospitality | 272 | 274 | 272 |
| Other Services | 117 | 117 | 118 |
| Government | 441 | 440 | 438 |
| Source: Department of Employment and Economic Development, Current Employment Statistics, 2025. | |||