by Nick Dobbins
February 2023
Monthly analysis is based on seasonally adjusted employment data.
Yearly analysis is based on unadjusted employment data.
Employers in Minnesota added 14,100 jobs or 0.5%, over the month in January on a seasonally adjusted basis, following a loss of 7,500 in December. Goods producers added 2,500 jobs (0.5%) while service providers added 11,600 (0.5%).
On an annual basis Minnesota employers added 68,807 jobs, or 2.4%, climbing back above 2% after dipping to 1.8% in December. Private sector employers added 60,741 jobs (2.5%) while public sector employers added 8,066 (2%).
Employment in Mining and Logging was off by 100 (1.5%) over the month on a seasonally adjusted basis. It was the first month of negative growth in the supersector since October.
Over the year Mining and Logging employers lost 25 jobs (0.4%) from January of 2022. It was the only supersector in the state to lose jobs on the year, and it has posted negative annual growth in every month since April 2022.
Construction employers added 2,200 jobs (1.7%) over the month in January. This was the largest proportional growth of any supersector in the state, tied with Professional and Business Services. The growth broke a streak of five consecutive months of negative seasonally adjusted growth in the supersector dating back to August of 2022.
Over the year employment in Construction was up by 0.9%. Construction of Buildings was up 0.7% (190 jobs), Heavy and Civil Engineering Construction was up 3.5% (374 jobs), and Specialty Trade Contractors were up 0.7% (494 jobs) on the year.
Employment in Manufacturing was up by 400 (0.1%) OTM in January. Durable Goods Manufacturing added 800 jobs (0.4%) but their counterparts in Non-Durable Goods Manufacturing lost 400 jobs (0.3%). On an annual basis, Manufacturing employers added 7,519 jobs (2.4%), with growth in both component sectors. Durable Goods employers added 5,431 jobs (2.7%) with component Wood Product Manufacturing up 5.6% (686 jobs). Non-Durable Goods employers added 2,088 jobs (1.9%), with Food Manufacturing up 1,607 jobs (3.6%).
Trade, Transportation, and Utilities employment was up by 1,300 (0.2%) over the month in January. The growth was driven entirely by Transportation, Warehousing, and Utilities, which added 1,600 jobs or 1.4%. Retail Trade lost 300 jobs (0.1%), and Wholesale Trade employment was flat.
Over the year the supersector added 9,235 jobs (1.8%), with positive growth in all three component sectors. Transportation, Warehousing, and Utilities drove the growth on an annual basis as well, adding 4,824 jobs or 4.3%.
Information employers shed 300 jobs (0.6%) in January. It was the first month of negative growth for the supersector since August.
On an annual basis Information employers added 1,444 jobs (3.2%), although most of the growth came outside of published components, as Telecommunications lost 408 jobs (4.3%), and Publishing added just 33 jobs (0.2%).
Employment in Financial Activities was down 800 (0.4%) over the month of January, with Finance and Insurance off by 700 jobs (0.4%) and Real Estate and Rental and Leasing off 100 jobs (0.3%).
On an annual basis the supersector added 531 jobs (0.3%). Finance and Insurance employers lost 575 jobs (0.4%), but that decline was offset by the addition of 1,106 jobs (3.3%) in Real Estate and Rental and Leasing.
Employers in Professional and Business Services added 6,600 jobs or 1.7% in January. This was the largest real and proportional monthly job growth of any supersector in the state, tied with Construction for proportional growth. The monthly growth came primarily in Administrative and Support Services, which added 4,900 jobs or 3.8%.
On the year Professional and Business Services added 4,831 jobs (1.3%). Most of the annual growth came in Professional, Scientific, and Technical Services (up 5,342 jobs or 3.3%), as Administrative and Support Services added 110 jobs (0.1%), and Management of Companies lost 621 jobs (0.7%).
Educational and Health Services employers added 2,000 jobs (0.4%) over the month in January, with Health Care and Social Assistance adding 1,500 jobs (0.3%) and Educational Services added 500 jobs (0.7%).
Over the year the supersector added 14,461 jobs (2.7%). Educational Services was up 1,027 (1.5%) with the growth coming primarily in Elementary and Secondary Schools (up 727 or 2.8%). Health Care and Social Assistance was up 13,434 jobs (2.9%), with growth in all published component sectors.
Employment in Leisure and Hospitality was up 200 (0.1%) over the month in January, with Arts, Entertainment, and Recreation posting all of the growth (up 0.4%) while Accommodation and Food Services employment remained flat.
Over the year the supersector added 20,770 jobs or 8.9%, the largest real and proportional growth of any supersector in the state. Arts, Entertainment, and Recreation employment was up by 26.1% (9,742 jobs) on the year.
Other Services employers added 500 jobs (0.5%) in January. The monthly growth followed three consecutive months of declines in the supersector.
Over the year Other Services added 917 jobs (0.9%). Repair and Maintenance lost 279 jobs (1.3%) while Personal and Laundry Services and Religious, Grantmaking, Civic, and Professional Organizations each added 598 jobs (2.4% and 1%, respectively).
Government employers added 2,100 jobs (0.5%) over the month of January. The growth came entirely at the Local Government level (up 0.7%) as employment in both State and Federal Government were flat.
Over the year Government employers added 8,066 jobs (2%). State employers added 741 jobs (0.8%), and Local added 7,460 (2.7%), while Federal employers lost 135 jobs (0.4%).
| Minnesota Seasonally Adjusted Nonagricultural Wage and Salary Employment (In Thousands) | |||
|---|---|---|---|
| Industry | Jan-23 | Dec-22 | Nov-22 |
| Total Nonfarm | 2955.5 | 2960.7 | 2954.2 |
| Goods-Producing | 464.3 | 467.9 | 468 |
| Mining and Logging | 6.5 | 6.4 | 6.3 |
| Construction | 126.9 | 129.5 | 131.3 |
| Manufacturing | 330.9 | 332 | 330.4 |
| Service-Providing | 2491.2 | 2492.8 | 2486.2 |
| Trade, Transportation, and Utilities | 523.7 | 521.3 | 520.9 |
| Information | 43.6 | 43.7 | 43.4 |
| Financial Activities | 192.2 | 190.8 | 190.9 |
| Professional and Business Services | 388.4 | 394.6 | 395.5 |
| Educational and Health Services | 564.7 | 560.7 | 558.5 |
| Leisure and Hospitality | 265.8 | 261.5 | 259.8 |
| Other Services | 107.2 | 108.5 | 109.7 |
| Government | 405.6 | 411.7 | 407.5 |
| Source: Department of Employment and Economic Development, Current Employment Statistics, 2023. | |||
