Presentation is loading. Please wait.

Presentation is loading. Please wait.

Understanding Minnesota’s Regional Economy Presenter: Cameron Macht, DEED Host: Denise Felder, iSeek Solutions To Hear the Webinar: Call (646) 307-1720;

Similar presentations


Presentation on theme: "Understanding Minnesota’s Regional Economy Presenter: Cameron Macht, DEED Host: Denise Felder, iSeek Solutions To Hear the Webinar: Call (646) 307-1720;"— Presentation transcript:

1 Understanding Minnesota’s Regional Economy Presenter: Cameron Macht, DEED Host: Denise Felder, iSeek Solutions To Hear the Webinar: Call (646) ; Access Code:

2 How to Ask Questions Mute your phone “Raise your hand” Type in “Question” Use phone to ask questions/discuss “Chat” to talk to Organizer only To Hear the Webinar: (646) Access Code: (long distances fees may apply)

3 Understanding the Regional Economy iSeek Solutions Monthly Webinar February 13, 2013 Cameron Macht Regional Labor Market Analyst To Hear the Webinar: Call (646) ; Access Code:

4

5 Over-the-year regional trends Source: MN Dept of Employment & Economic Development None of the regions are back to break- even (from Q2 2007) yet Southeast (99%) is closest, all are now above 97%

6 Regional Unemployment Rates Source: MN Dept of Employment & Economic Development

7 DEED Regional Data Tool ISEEK’s Regional Websites

8 ISEEK Regional Websites Current & Future Hot Jobs Local Industries Education Options Job Search

9 Regional Labor Market Data Tool The regional data tool brings together labor market and relevant demographic data on each county and region in Minnesota in to one easy-to-use website. View and download regional data, charts and graphs.

10 Regional labor market data tool

11 Regional Employment Projections

12 Forecasting Future Job Trends Minnesota’s economy will grow by 13%, or 368,000 new jobs, between 2010 and Over 663,000 new workers will be needed to take jobs left vacant through retirements and replacements. Employment changes depend on the demand for goods and services, productivity advances, technological innovations, and shifts in business practices. Source: MN Dept of Employment & Economic Development

13

14 Health care will add the most new jobs in Minnesota between 2010 and 2020 Source: MN Dept of Employment & Economic Development

15 Health services will continue to lead job growth in Northeast MN

16 Half of new jobs in Northwest MN will be in education and health services sector

17 Fastest job growth expected in Central Minnesota

18 Education and health care will dominate Southeast MN job growth

19 Southwest MN projected to have slowest regional job growth

20 Construction and manufacturing job growth to remain below pre-recessionary levels in the Twin Cities

21 Replacement openings to exceed new job growth in all regions of MN

22 Occupational details are important when choosing a future career

23 Questions? Contact Us:

24 Regional LMI Websites ISEEK Regional Websites: DEED Regional Labor Market Tool: DEED Employment Outlook:

25 iSeek Solutions Monthly Webinars Discussion: Wednesday, Feb 27, 2013 Career Resources for People with Multiple Barriers Training: Wednesday, March 13, 2013 Training: Wednesday, April 10, 2013 Discussion: Wednesday, April 24, 2013 Family Involvement in Career Exploration for Youth

26 Connect with Us  DEED Facebook:  ISEEK Facebook:  LinkedIn: MinnesotaWorks.netMinnesotaWorks.net  LinkedIn: iSeek Solutions Professional CommunityiSeek Solutions Professional Community  DEED Twitter:  ISEEK Twitter:  ISEEK Quarterly E-newsletter:  ISEEK Customer Service:

27


Download ppt "Understanding Minnesota’s Regional Economy Presenter: Cameron Macht, DEED Host: Denise Felder, iSeek Solutions To Hear the Webinar: Call (646) 307-1720;"

Similar presentations


Ads by Google