Background
EMPLOYMENT AND ECONOMIC DEVEL
Agency Profile
Agency Purpose
The Department of Employment and Economic Development (DEED) facilitates an economic environment to
produce jobs and improve the quality of the state’s workforce. These actions support the economic prosperity of
Minnesota individuals, businesses, and communities by supporting opportunities for growth.
Most of the statutory authority for this agency resides in M.S. Chapters 116J, 116L, 248, 268, 268A, 446A, and
469. Federal law also provides authority for multiple specific programs; see program and budget activity
narratives for specific citations.
At a Glance
Business & Community Development – FY 2010
• Assisted with the creation and retention of an
estimated 14,500 jobs.
• Leveraged private investments of $1.44 billion.
• Provided direct assistance and information to more
than 51,000 businesses.
Unemployment Insurance – CY 2009
• $1.7 billion in regular unemployment benefits paid
to 363,000 applicants.
• An additional $1.1 billion in benefits paid through
other special federal and state benefit programs.
• Collected nearly $900 million in taxes from 130,000
employers.
Est. FY 2010-11 Expenditures
by Fund
Other
Funds
Workforce Development – FY 2010
• 135,424 job seekers used Minnesota WorkForce
Centers to look for work.
• 51,762 job seekers created resumes on
MinnesotaWorks and 7,709 employers posted
316,662 job openings.
• 97,258 individuals were served in eligibility based
programs.
General Support Services – FY 2010
• Supported over 1,800 employees
• Administered over $3.5 billion expenditures
• Launched a new website with 3.4 million page
views
Est. FY 2010-11 Expenditures
by Program
General
Support
Services
Business &
Community
Develop
Federal
Funds
General
Fund
Workforce
Develop
Unemploy
Insurance
Source data for the previous chart is the Minnesota
Accounting and Procurement System (MAPS) as of 08/20/10.
Excludes unemployment insurance benefit payments.
Strategies
The agency has three major functions:
•
to support business creation, expansion, relocation, and retention in Minnesota through the resources and
programs of the Business and Community Development division;
State of Minnesota
Page 1
Background
2012-13 Biennial Budget
11/30/2010
Source data for the previous chart is the Minnesota
Accounting and Procurement System (MAPS) as of 08/20/10.
Excludes unemployment insurance benefit payments.