June 2019 - Minnesota Economic Trends
In this issue we take a close-up look at each of the state’s six major regions. The overall story is one of slowing job growth paired with demographic trends – retirements of baby boomers, for one – that can no longer be ignored.
Tight labor market conditions persist, and as the state of the state writers indicate, it will take a multi-faceted approach to addressing the worker shortage. Higher wages, specialized training programs, and policy responses to break down barriers to education and employment for Minnesotans of color and other groups will help. But it may not be enough.
Are there hiring difficulties in Minnesota? Here’s a preview of what’s to come, including the specific occupations we’re focusing on. In the September issue of Trends, we’ll release the complete results and narrative from the Hiring Difficulties Survey (third round).
Download a full pdf of this issue
or select the links below to view individual stories.