Your. quick, tasyrguide to

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1 Your. quick, tasyrguide to

2 Minnesota Workforce Facts Table of Content s Population Estimates, Minnesota 1 Number of Employed and Unemployed, Minnesota and United States 2 Average Unemployment Rates, Minnesota and United States. 3 Workforce Participation Rates, Minnesota Workforce Participation Rates, United States 5 Annual Average Employment by Industry, Minnesota 6 Nonagricultural Employment, Minnesota and United States 7 Employment Projections by Industry, Minnesota and United States. 8 Employment Projections by Occupation, Minnesota and United States 9 10 Fastest-Growing Occupations and Hourly Wages, Minnesota and U.S Initial Claims for Unemployment Insurance, Minnesota and United States 1 1 Average Weeks Claimed, Insured Unemployed, Minnesota and U.S Maximum Weekly Benefit Amount, Minnesota 1 3 Per Capita Personal Income, Minnesota and United States -- --" 1 4 Current Poverty Guidelines and Lower Living Standard Income Levels 1 5 Poverty Rates, Minnesota and United States 1 6 Consumer Price Index for All Urban Consumers 1 7 Reference : 1 8 Definitions of Labor Market Terms 1 9 Labor Market Information HelpLine : or (Toll Free ) MINNESOTA DEPARTMENT OF EMPLOYMEN T

3 Population Estimates Minnesota, ,200,00 0 5,100,000 5,000,000 4,900,000 4,800,000 4,700,000 4,600,000 4,500,000 4,400,00 0 4,300,00 0 4,200,00 0 4,100, Year Populatio n ,471, ,521, ,566, ,605, _4,647, ,687,72 6 i 1998_ 4,726,411 _ ,775, ,91.9,479_; ,985,20 2 :2002 ii 5( ,059,37 5 Source: U.S. Census Bureau Labor Market Information HelpLine : or (Toll Free ) MINNESOTA DEPARTMENT OF EMPLOYMENT page 1

4 Number of Employed and Number of Unemployed Minnesota and United States, MINNESOTA Workforce Employed Unemployed ,498,664 2,370, ,36 2 L _ 2,4_ , ,627,330 2,530,047 97,28 3 L ,644,082 2,538, ,670,885 2,583,837 87, , ,762,139 2,684,914 77, ,793,85_2_ 2702,922 90, ,885,921 2,779, , _ , ,923,083 2,777, ,39 9 UNITED STATES Workforc e (in thousands) Employed (in thousands) Unemploye d (in thousands) , ,259 8,940 E _ 7,, , ,900 7, , ,558 6, , , , ,488 5, , ,933 6, , , ,736 8,774 Source : Local Area Unemployment Statistics, Minnesota Department of Employment an d Economic Development, Bureau of Labor Statistics, U.S. Department of Labor Labor Market Information HelpLine : or (Toll Free ) page 2 MINNESOTA DEPARTMENT OF EMPLOYMEN T labor MarketInformation Office

5 Average Unemployment Rate Minnesota and United States, Minnesota United States % Source : Local Area Unemployment Statistics (LAWS), Minnesot a Department of Employment and Economic Development. Bureau of Labor Statistics, U.S. Department of Labo r n Minnesota q United State s Labor Market Information HelpLine : or (Toll Free ) MINNESOTA DEPARTMENT OF EMPLOYMENT page 3

6 Workforce Participation Rates Minnesota, Yout h Total Male Female (Age ) 1993_ 73.6% 81.0% 66.7% 71.1 % n J _. 74J _ _ _ _ _ _ Source: Current Population Survey, Bureau of Labor Statistics, U.S. Department of Labor 85% 80% 75% 70% 65% 60% 55% 50% 45% 40% co. pm. pc a P P O. D` O O O O O p. T P y O O O is]n t Total -'R-Male -d- Female -C Youth Labor Market Information HelpLine : or (Toll Free ) page 4 MINNESOTA DEPARTMENT OF EMPLOYMEN T

7 Workforce Participation Rate s United States, Total Male Female Youth (Age 16-19) % 75.4 % _ 57.9 % 51.5 To _ ; Source: Current Population Survey. Bureau of Labor Statistics, U.S. Department of Labor 55 % 50% 45% 40% r Total -0- Male -A-Female -e-youth Labor Market Information HelpLine : or (Toll Free) MINNESOTA DEPARTMENT OF EMPLOYMENT page 5

8 Employment by Industry Minnesota, Other Industries Trade, Transportation, an d Utilities Leisure an d Hospitality Manufacturing Professiona l and Business Service s Education and Health Services Industry Employment Trade, _Transportation cand Utilities. 519,666_] Manufacturing _ 356,80 8 tcov rnment g Education and Health Services 339,25 4 CProfessional and Business Services ] Leisure and Hospitality 229,52 0 [Financial Activities Construction 124,04 6 Other Services 89,44 2 Information 66,93 2 [Natural Resourcesand Mining_. 21,346 Source. Covered Employment and Wages (CEW), Minnesot a Department of Employment and Economic Developmen t Labor Marker Information HelpLine : or (Toll Free ) page 6 MINNESOTA DEPARTMENT OFEMPLOYMEN T AND ECONOMIC DEVELOPMEN T

9 Nonagricultural Employment Minnesota and United States, Minnesota 2,242,70 0 2,310,40 0 2,378,50 0 2,433,20 0 2,490,80 0 2,555,00 0 2,613, ,70 0 United State s 110,844, ,291, ,298,00 0,.919,708,000 ~ 122,776, ,930, ,993,000 2,680, ,826,000 2,654, ,341,00 0 2,651, ,931, p C 1. 5 c m t E i. e a 0. 5 w 0. 0 O n Minnesota q United States Source : Current Employment Statistics (CES), Minnesota Department of Employment an d Economic Development, Bureau of Labor Statistics, U.S. Department of Labo r Labor Market Information HelpLine : or (Toll Free) MINNESOTA DEPARTMENT OF EMPLOYMENT Market Information Office page 7

10 Employment Projections by Industry Minnesota and United States, Agriculture, Forestry and Fishing [Mining ConsVuctio n MCanufacturing. Transportation, Communications and Public Utilities Wholesale Trade Retail Trad e (Finance, insurance and Real Estate Service s [Government _ Self-employe d Percent Change i n Employment, Minnesota United States ` Source: Employment Projections. Minnesota Department of Employment and Economic Developme nt Bureau of Labor Statistics, U.S. Department of Labo r 'U.S. employment projections for were used for this comparison. The lates t figures, U.S. projections, are available atwww.bls.gov/emp/home.htm Percent Change in Number of Jobs, % -30% -20% -10% 0% 10% 20% 30% 40 % Agriculture, Forestry and Fishing Construction Manufacturi Transportation, Communications and Publi c Utilities Wholesale Trade Retail Trad e Finance, Insurance and Real Estate Services Government I r Mining MM. MM. Self-employed { T - 3%, 9 %, _ , 9_ J 8 4 n Minnesota C United States* Labor Market Information HelpLinc : or (Toll Free ) MINNESOTA DEPARTMENT OF EMPLOYMEN T Page 8 AND ECONOMIC DEVELOPMEN T

11 Employment Projections by Occupation Grou p Minnesota and United States, Percent Change i n Employment, Minnesota United States * Management, Business, and Financia l Professional _and Related Servic e Sales and Related Office and Administrative Suppor t,farming, Fishing, and Forestr y Construction and Extractio n. Installation, Maintenance, and Repai r Productio n Transportation and Material Movin g Source : Employment Projections, Minnesota Department of Employment and Economic Development, Bureau of Labor Statistics, U.S. Department of Labo r 'U.S. employment projections for were used for this comparison. The latest figures, U.S. projections, are available at w,wt.bls.gov/emp/home.ht m Percent Change in Number of Jobs, % 5% 10% 15% 20% 25% 30% Management, Business, and Financia l Professional and Related Service Sales and Related Office and Administrative Support n Minnesota O United States' Farming, Fishing, and Forestry Construction and Extraction Installation, Maintenance, and Repair Production jig Transportation and Material Moving Labor Marker Information HelpLine : or (Toll Free ) MINNESOTA DEPARTMENT OF EMPLOYMENT page 9

12 Top 10 Fastest-Growing Occupations & Hourly Wage s Minnesota and United States * Minnesota Rank Occupatio n Projecte d Job Growth th Qtr. Media n Hourly Wage ~1 Computer Support Specialists_ 91 ole $ Computer Software Engineers, Application s 78 $ _ [ 3 Network and Computer Systems Administrate Network Systems and Data Communication 4 s 67 $ Analysts 5 Desktop Publishers 62 $16.87 Computer Software Engineers, 6 Systems Software 58 $ _ Computer Specialists, All Other_ 54 $ Database Administrators 53 _$ Medical Records and Healt h Information Technicians 51 $12.62 _ 10 Personal and Home Care Aides 51 $9.7 9 Projected Job Growth th Qtr. Media n Hourly Wage United State s Rank Occupation 1 Computer Software Engineers tapulications 100% $ Computer Support Specialists 97 $ Computer Software Engineers jystems Software 90 $ Network and Computer Systems Administrators 82 $ Network Systems and Data Communications Analysts 77 $ Desktop Publishers 67 $ Database Administrators 66 $ Personal and Home Health Aides 62 $ Computer Systems Analysts 60 $ Medical Assistants 57 $11.86 Source: Employment Projections, Minnesota Department of Employment and Economic Development, Bureau of Labor Statistics, U.S. Department of Labor 'U.S. employment projections for were used for this comparison. The latest figures, U.S. projections, are available at Labor Marker Information HelpLine : or (Toil Free ) page 10 MINNESOTA DEPARTMENT OF EMPLOYMEN T

13 Initial Claims for Unemployment Insuranc e Minnesota and United States, Minnesota United States 210,446 17,708, x ,664, ,265 18,552, , , ,226 16,797, ,334 16,689, ,003 15,478, ;480 15,646, ,676 21,012, ,572 21,163, ,050 NA Source : Minnesota Unemployment Benefits Program, Minnesota Department of Employment and Economic Development. Bureau of Labor Statistics, U.S. Department of Labor Minnesota Claims 350, , , , , , , Labor Market Information HclpLine : or (Toll Free ) MINNESOTA DEPARTMENT OF EMPLOYMENT Labor Marker Information Offic e page 1 1

14 Average Weeks Claimed* Insured Unemploye d Annual Chang e Minnesota United States Minnesota United States _ ,061 2,751, % % ,986 35,551 _Z669,872 2,571, , ,056 2,595,5_8 5, ,997 2,322, ,221, ,944 2,186, E ` 'T10, _f [ ,469 2,973, ,646 3, ,655 3,532, H ' Average weeks claimed is used as a proxy for average number of people claiming unemployment insurance during an average week in the calendar year % 60.0 % 50.0 % n Minnesota 0 United State s Annual Change in Average Weeks Claime d 40.0 % 30.0 % 20.0% 10.0 % 0.0 % -10.0% -20.0% Source : Employment and Training Administration and Bureau of Labor Statistics, U.S. Department of Labor, Calculations done by Minnesota Department of Employment and Economic Developmen t. Labor Market -Information HeyLine :_ or page 12 MINNESOTA DEPARTMENT OF EMPLOYMEN T

15 Maximum Weekly Benefit Amount Minnesota, i Maximum Benefi t Amount " $ L $ $ $ $ $ $ $ $ $ *Effective August 1 of every year. Source : Minnesota Unemployment Benefits Program. Minnesota Department of Employment and Economic Developmen t Maximum Benefit Amount Compared to Cost-of-Living Increas e $60 0 $50 0 $40 0 $30 0 $20 0 $10 0 $ Maximum Benefit Amount* l7 Cost-of-Lining Increase (U.S. CPI-U ) Labor Market Information Helpline : or (Toll Free ) MINNESOTA DEPARTMENT OF EMPLOYMENT page 13

16 Per Capita Personal Income, not adjusted for inflatio n Minnesota and United States, Minnesota United States 1992 LL ~ $21,582 $20,960 j 1993 $21,903 $21, $23,241 $22,340 j $24,29 5 $23,25 5 [1996 $25,904 $24, $27,086 $25,41 2 [ x092 $26, $30,19 4 $27, $32,231 $29,740 _2001 $33,059 $30, _ $33,895 $30,8321 Source : Bureau of Economic Analysis, U.S. Department of Commerce $40,000 - $35,000 - $30,000 - $25,000 - $20,000 - $15,000 - $10, n Minnesota 0 United States Labor Market Information HelpLine : or (Toll Free ) page 14 MINNESOTA DEPARTMENT OF EMPLOYMEN T

17 Current Poverty Guidelines and Lower Living Standard Income Levels (LLSIL ) Family Size 6 8 dd' I ' ' except Alaska and Hawai i Poverty Guidelines 70% LLSIL CUTOFF FO R for all States ' MIDWEST REGIO N Effective Metro Non-Metro February 13, 2004 Counties" Counties $9,310 $7,370 n $6,94 0 $12,490 $12,070 $11,37 0 $15,670 $16,570 $15,61 0 $18,850 $20,450 $19,27 0 $22,030 $24,140 $22,740 $25,210 _ $28,230 $26,60 0 $28,390 $32,320 $30,460 $31,570 $36,410 $34,32 0 $3,18Q.. $4,090 $3,860 Total hourly wage needed at 40 hours per week, 52 weeks per year to meet: Family Size Povert y Guideline s $4.4 8 $6.0 0 $7.5 3 $9.0 6 _ $ % LLSIL CUTOFF FO R MIDWEST REGION Metro Non-metro Counties* Counties $3.54 $3.3 4 $5.80 _ $5.4 7 $7.97 $7.50 $9.83 $9.26. $11.61 $10.93 $13.57 $ $15.54 $ $17.50 $ $1.97 $1.86 * Metro counties include Anoka, Benton, Carver, Chisago, Clay, Dakota, Hennepin, Houston, Isanri, Olmsted, Polk, Ramsey, Scott, Sherburne, St. Louis, Stearns, Washington and Wright. Source: Federal Register, U.S. Department of Health and Human Services, U.S. Department of Labor Labor Market Information HelpLine : or (Toll Free ) MINNESOTA DEPARTMENT OF EMPLOYMENT Minnesota Workforce Fact s page 1 5

18 Poverty Rates Three-year averages, Minnesota and United State s Minnesota United States % 14.7 % , x Source : U.S. Census Burea u 16 % 14 % 4% 2 % 0% n Mumesota 0 United States Labor Market Information HelpLine : or (Toll Free ) page 16 MINNESOTA DEPARTMENT OF EMPLOYMENT AND ECONOMIC DEVELOPMEN T

19 Consumer Price Index for All Urban Consumer s CPI-U, U.S. CPI-U = _ Percent Change 2. 3 Source : Bureau of Labor Statistics. U.S. Department of Labo r CQr V % 3.5% 3.0% 2.5% 2.0% 1.5 % 1.0% 0.5 % 0.0% U.S. CPI-U -0 Percent Change Labor Market Information HelpL ne : or (Toll Free ) MINNESOTA DEPARTMENT OF EMPLOYMENT Minnesota Workforce Fact s Page 17

20 Useful Websites Minnesota Department of Employment and Economic Developmen t s Minnesota Labor Market Informatio n i Internet System for Education and Employment Knowledge (ISEEK ) Links to Minnesota data source s s Minnesota Planning s Bureau of Labor Statistics, U.S. Department of Labor Bureau of Economic Analysis, U.S. Department of Commerc e Federal Reserve Bank of Minneapoli s U.S. Census Bureau, U.S. Department of Commerce Poverty Statistics, U.S. Census Bureau l Unemployment Insurance Labor Marker Laformation HelpLine : or (Toll Free ) page 18 MINNESOTA DEPARTMENT OF EMPLOYMENT

21 Definitions of Labor Market Terms Bureau of Labor Statistics (BLS) : The BLS is part of the U.S. Department o f Labor and functions as the principal datagathering agency of the Federal governmen t in the field of labor economics. The BLS collects, processes, analyzes and disseminate s data relating to employment, unemployment, the labor force, productivity, prices, family expenditures, wages, industrial relations, and occupationa l safety and health. Civilian Workforce: The sum of all employed and unemploye d noninstitutionalized persons 16 years of age or older. Members of the armed forces are excluded. Consumer Price Index (CPI) : The CPI is a measure of the average change in the prices paid by urban consumers for a fixed-market basket o f goods and services. There is a separate index for the Minneapolis-St.Paul Metropolitan Statistical Area (MSA) bu t not for the state of Minnesota. Covered Employment an d Wages (CEW) : A Federal/state cooperative program tha t collects and compiles employment an d wage data for workers covered by state unemployment insurance laws and Federa l civilian workers covered by Unemploymen t Compensation for Federal Employees (UCFE). Initial Claims: Federal term for initial applications fo r unemployment benefits ; used as a n economic indicator to measure emergin g unemployment. Local Area Unemployment Statistics (LAUS) Program : A Federal/state cooperative program that produces employment, labor force, unemployment and unemployment rate estimates for states and local areas. Metropolitan Statistical Area (MSA) : A term applied by the U.S. Office of Management and Budget to counties tha t have one or more central cities and tha t meet specified criteria for populatio n density, commuting patterns and social an d economic integration. Unemployment : An estimate of the number of persons wh o did not have a job but were available fo r work and actively seeking work during the calendar week that includes the 12th day o f the month. Unemployment Insurance (UI) : A Federal government program i n Minnesota that collects taxes (premiums ) from employers in order to pay benefits t o persons who are unemployed through no fault of their own. Unemploymen t insurance benefits help provide economic stability to individuals and communitie s during times of economic downturn. Unemployment Rate: The number of unemployed persons as a percentage of the civilian labor force. Derived from LAUS (see above). Labor Market Information HelpLine or (Toll Free) MINNESOTA DEPARTMENT OF EMPLOYMENT page 19 labor Market Information Office

22 y Department a Employment ' we Economic Development innesetc Minnesota Workforce MINNESOTA DEPARTMENT OF EMI'LO1'MENT AND ECONOMIC DEVELOPMEN T Labor Market luforneation Office March 2004 v.,nmnie.org/imi Labor Market Information HelpLine: or (Toll Free ) Stock Number : DEED /04-2,000