by Nick Dobbins
October 2022
Monthly analysis is based on seasonally adjusted employment data.
Yearly analysis is based on unadjusted employment data.
Employers in Minnesota added 4,200 jobs (0.1%) over the month in September. Goods producers added 2,000 jobs (0.4%) and service providers added 2,200 (0.1%).
Over the year state employers added 93,713 jobs (3.3%). Goods producers added 17,064 jobs (3.7%), and service providers added 76,649 (3.2%). The private sector added 93,315 jobs (3.8%) while the public sector added 1,398 (0.3%).
Employment in Mining and Logging was flat over the month in September, holding at 6,300 jobs.
Over the year the supersector lost 252 jobs (3.7%). It was the only supersector in the state to post negative annual growth, as it has in every month since April.
Construction employers added 900 jobs (0.7%) over the month on a seasonally adjusted basis, after losing 1,500 jobs in August. This was the largest proportional monthly growth of any supersector in the state.
Over the year the supersector added 1,379 jobs (1%) with growth in all three published components. Building Construction added 440 jobs (1.5%), Heavy and Civil Engineering added 796 jobs (3.4%), and Specialty Trade Contractors added 143 jobs (0.2%).
Employment in the Manufacturing supersector was up 1,100 (0.3%) in September. Non-durable Goods employment was up 800 (0.7%) while their counterparts in Durable Goods was up 300 (0.1%).
On an annual basis Manufacturing employment was up 5.1% or 15,937 jobs, the third-largest proportional growth of any supersector. Both major components added jobs, although the Durable Goods sector drove the growth, adding 12,125 jobs or 6.1%.
Trade, Transportation, and Utilities employment was up 2,500 (0.5%) in September. The growth came entirely from Transportation, Warehousing, and Utilities, which was up 2,800 jobs or 2.7%. Retail Trade lost 300 jobs (0.1%,) and Wholesale Trade employment was flat.
Over the year the supersector added 10,575 jobs (2.1%). All three component sectors posted positive growth, with Wholesale Trade up 1% (1,310 jobs), Retail Trade up 2.1% (5,719 jobs), and Transportation, Warehousing, and Utilities up 3.4% (3,546 jobs).
Employment in Information was off by 600 (1.4%) over the month of September on a seasonally adjusted basis.
Over the year Information employment was up 940 jobs (2.2%), although both published components –Publishing and Telecommunications – lost jobs on the year.
Financial Activities employment was down 900 (0.5%) over the month in September. Finance and Insurance was down 800 (0.5%) while Real Estate and Rental and Leasing was down 100 (0.3%).
Over the year the supersector added 1,468 jobs (0.8%). Finance and Insurance lost 299 jobs (0.2%), but those declines were overcome by the gain of 1,767 jobs (5.2%) in Real Estate and Rental and Leasing.
Employment in Professional and Business Services was up 1,600 (0.4%) in September. Administrative and Support and Waste Management was up 1,800 (1.4%), and Management of Companies and Enterprises was up 1,000 (1.1%), while Professional, Scientific, and Technical Services lost 1,200 (0.7%). Over the year the supersector added 22,829 jobs (6.2%). It was the second-highest proportional growth of any supersector in the state, trailing only Leisure and Hospitality.
Administrative and Support and Waste Management led the growth, adding 10,425 jobs (8.2%), with Employment Services adding 4,161 jobs (7.4%).
The Educational and Health Services supersector added 3,200 jobs (0.6%) over the month in September. Educational Services added 1,700 jobs (2.3%), and Health Care and Social Assistance added 1,500 (0.6%).
On an annual basis, the supersector added 19,093 jobs (3.6%). Educational Services added 4,949 jobs (7.2%), and Health Care and Social Assistance added 14,144 jobs (3%). Nursing and Residential Care facilities entered positive annual growth for the first time since March of 2020, up 157 jobs (0.2%).
Leisure and Hospitality employment was up 1,400 (0.6%) on a seasonally adjusted basis in September. Arts, Entertainment, and Recreation added 1,000 jobs (2.3%), and Accommodation and Food Services added 400 (0.2%).
On an annual basis employment in Leisure and Hospitality was up 6.5% or 15,890 jobs. It was the largest proportional increase of any supersector in the state as employers in the industry continued to recover from pandemic-related job losses.
Employment in Other Services was down 700 (0.6%) in September, after being up 600 jobs in August.
Over the year the supersector added 4,456 jobs (4.2%). Religious, Grantmaking, Civic, Professional, and Similar Organizations drove the growth, adding 2,760 jobs or 4.7%.
Government employers lost 4,300 jobs (1%) on a seasonally adjusted basis in September. Local Government drove the declines, losing 4,100 jobs (1.5%) while State and Federal employers each lost 100 jobs (0.1% and 0.3%, respectively).
Over the year Government employers added 1,398 jobs (0.3%). Local Government drove the growth, adding 2,375 jobs (0.9%) while State employers lost 323 jobs (0.3%), and Federal employers lost 654 (2%).
| Minnesota Seasonally Adjusted Nonagricultural Wage and Salary Employment (in Thousands) | |||
|---|---|---|---|
| Industry | Sep-22 | Aug-22 | Jul-22 |
| Total Nonfarm | 2938.2 | 2934 | 2932.8 |
| Goods-Producing | 467.3 | 465.3 | 469.3 |
| Mining and Logging | 6.3 | 6.3 | 6.2 |
| Construction | 132.1 | 131.2 | 132.7 |
| Manufacturing | 328.9 | 327.8 | 330.4 |
| Service-Providing | 2470.9 | 2468.7 | 2463.5 |
| Trade, Transportation, and Utilities | 518.7 | 516.2 | 518.3 |
| Information | 43.2 | 43.8 | 43.9 |
| Financial Activities | 190.3 | 191.2 | 191.3 |
| Professional and Business Services | 391.1 | 389.5 | 388.4 |
| Educational and Health Services | 557.2 | 554 | 551.1 |
| Leisure and Hospitality | 253.1 | 251.7 | 251.5 |
| Other Services | 110.1 | 110.8 | 110.2 |
| Government | 407.2 | 411.5 | 408.8 |
| Source: Department of Employment and Economic Development, Current Employment Statistics, 2021. | |||
