October 2021 - Minnesota Employment Review
Spotlight: Tourism in Northwest Minnesota
Ready for a road trip or weekend getaway? For your destination, consider heading to Northwest Minnesota.
Fun with Statistics
Monthly private average hourly earnings (nominal value and nominal value relative to 2008) are compared to percent change in private employment relative to 2008 for states selected.
Record Rise in Regional Job Vacancies
The tight labor market that Minnesota employers had been experiencing up until the pandemic recession returned to a much greater extent in the second quarter of 2021, with the state setting a record for the number of job vacancies while the number of unemployed jobseekers dropped back to pre-pandemic levels.
Regional Analysis
An analysis of the current month’s employment picture broken out by Metropolitan Statistical Area.
Minnesota Economic Indicators Highlights
The Minnesota Index climbed for the 16th consecutive month in September, up 0.7% to 145.5, as the state's economy continues to rebound from the deep pandemic decline.
Consumer Price Index
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5% in July on a seasonally adjusted basis after rising 0.9% in June.