by Nick Dobbins
September 2022
The Minneapolis-St. Paul-Bloomington MSA lost 9,944 jobs (0.5%) over the month in August It was the largest proportional decline of any MSA in the state. Nine of 10 published supersectors shed jobs on the month, with Manufacturing down 3,234 (1.5%), driven by a loss of 1,708 jobs (2.6%) in Durable Goods Manufacturing. Mining, Logging, and Construction employers shed 1,749 jobs (1.8%), with roughly proportional declines in both published component sectors – Construction of Buildings and Specialty Trade Contractors. The only supersector to post monthly growth was Educational and Health Services which added 1,639 jobs (0.5%). There was positive growth in both major components, as Educational Services added 364 jobs (0.8%), and Health Care and Social Assistance added 1,275 jobs (0.4%).
Over the year the metro area added 56,107 jobs or 2.9%, slightly outpacing the state's 2.5% annual growth. Nine of 10 published supersectors posted increases, with proportional growth led once again by Leisure and Hospitality, which was up by 13,621 jobs or 8%. The largest real job growth, however, came in Professional and Business Services, which was up by 14,028 (4.3%), with growth in all three published component sectors. Manufacturing employers added 11,328 jobs (5.7%), driven primarily by Durable Goods Manufacturing (up 10,627 or 7.8%). The only supersector in the Minneapolis-St. Paul MSA to post negative annual growth was Trade, Transportation, and Utilities, down 839 jobs (0.2%) primarily from the loss of 2,209 jobs (1.2%) in Retail Trade.
The Duluth-Superior MSA lost 485 jobs (0.4%) over the month in August. The largest real and proportional decline came in Government, which shed 352 jobs or 1.6%. State Government lost 244 jobs (3.7%) while Local lost 109 jobs (0.8%) Leisure and Hospitality was also off on the month, down 108 jobs or 0.7%. The largest real growth came in Educational and Health Services, which added 88 jobs or 0.3%. Manufacturing, Trade, Transportation, and Utilities, and Professional and Business Services also posted positive growth.
Over the year the Duluth area added 3,942 jobs or 3.1%. The largest real growth came in Educational and Health Services (up 1,161 jobs or 3.9%), while the largest proportional increase was in Mining, Logging, and Construction (up 9.6% or 1,011 jobs). Only two supersectors posted negative annual growth. Information lost 79 jobs (7.2%), and Financial Activities lost 153 jobs (3%).
The Rochester MSA lost 290 jobs (0.2%) over the month in August. Government employers shed 177 jobs (1.4%), with most of that loss coming at the Local Government level (down 161 jobs or 1.6%). Mining, Logging, and Construction employment was off by 2% (121 jobs). Educational and Health Services added the most jobs, up 123 (0.2%), while the largest proportional increase came in Professional and Business Services, up 0.7% (51 jobs).
Over the year the Rochester area added 2,767 jobs or 2.2%. This was the lowest proportional over the year growth in Minnesota. Leisure and Hospitality and Professional and Business Services were both up 6.9% (761 jobs and 459 jobs, respectively). Educational and Health Services added 889 jobs (1.7%), and Mining, Logging, and Construction added 292 jobs (5.2%). Three supersectors lost jobs on the year, all of them off by less than 100 jobs: Financial Activities, Government, and Information.
The St. Cloud MSA lost 448 jobs (0.4%) over the month in August. Mining, Logging, and Construction lost 186 jobs (2.1%), and Government employers lost 246 jobs (1.8%). The largest real and proportional monthly growth came in Educational and Health Services, which added 183 jobs or 0.9%.
Over the year the St. Cloud MSA added 2,772 jobs or 2.6%. Educational and Health Services employment was up 1,277 jobs (6.3%), the largest real and proportional growth of any MSA in the state. Trade, Transportation, and Utilities added 524 jobs (2.4%) in large part from the growth of 480 (3.7%) in Retail Trade. Two supersectors lost jobs on the year, Financial Activities and Information.
The Mankato-North Mankato MSA added 229 jobs or 0.4% in August. It was the only MSA primarily in Minnesota to post positive monthly growth. Goods producers added 146 jobs (1.3%), and service providers added 83 jobs (0.2%), with private sector service providers adding 363 jobs (1%).
Over the year the Mankato-North Mankato area added 3,365 jobs (6.3%). This was the highest proportional growth of any MSA in the state. Goods producers added 977 jobs (9.7%) while service providers added 2,388 (5.5%).
The Fargo-Moorhead MSA added 2,053 jobs (1.4%) over the month in August. It was the highest proportional monthly growth of any MSA in the state. Leisure and Hospitality employers added 557 jobs or 4.3%, the highest proportional growth of any supersector. Government employers added 628 jobs (3.7%) with the Local Government employers driving that growth, up 523 or 5.6%. Only two supersectors lost jobs on the month, Mining, Logging and Construction and Information.
Over the year the Fargo-Moorhead area added 4,242 jobs (3%). Professional and Business Services employment was up 8.3% (1,254 jobs), and Educational and Health Services added 1,383 jobs (5.1%). Financial Activities employment was down by 646 (5.5%).
The Grand Forks-East Grand Forks MSA added 462 jobs (0.9%) over the month in August. Government employers added 320 jobs or 2.7%, the largest real and proportional growth of any supersector in the area. Mining, Logging, and Construction employment was down by 1.4% or 46 jobs.
Over the year the Grand Forks-East Grand Forks area added 2,003 jobs (3.9%). Government employers drove the growth, adding 971 jobs or 8.6%. Leisure and Hospitality employment was up 424 (7.9%), and Professional and Business Services was up 303 (8.1%).
