by Nick Dobbins
December 2022
Monthly analysis is based on seasonally adjusted employment data.
Yearly analysis is based on unadjusted employment data.
Minnesota employers added 6,800 jobs (0.2%) over the month on a seasonally adjusted basis in November. Private sector employers added 3,500 jobs (0.1%) while public sector employers added 3,300 (0.8%).
Over the year the state added 99,983 jobs (3.5%). Goods producers added 14,262 jobs (3.1%), and service providers added 85,721 (3.5%).
Employment in Mining and Logging was up by 1.6% (100 jobs) on a seasonally adjusted basis in November. This was the largest proportional monthly growth of any supersector, although on a small number of real jobs.
On an annual basis Mining and Logging employers lost 193 jobs (2.9%). It was one of only two supersectors to post negative growth on the year.
Construction employers in Minnesota lost 2,300 jobs (1.8%) over the month in November. It was one of only two supersectors to lose jobs in November.
Over the year Construction employers lost 566 jobs (0.5%), and it was one of only two supersectors to lose jobs on the year. The annual decline is likely somewhat weather-aided, as 2021 had stronger November employment than usual, and this November saw unseasonably strong storms, including snowfall, across much of the state during the survey period.
Manufacturing employment was up by 1,800 (0.5%) in November. Durable Goods Manufacturing added 1,100 jobs (0.5%), and Non-Durable Goods Manufacturing added 700 (0.6%).
On an annual basis Manufacturing added 15,051 jobs (4.7%), which was among the higher-performing supersectors, trailing only Leisure and Hospitality and Professional and Business Services. Durable Goods manufacturers added 10,500 jobs (5.2%) with growth in all published components. Non-Durable Goods manufacturers added 4,551 jobs (4%), with Food Manufacturers adding 1,785 jobs (3.9%).
Employment in Trade, Transportation, and Utilities was up 800 (0.2%) over the month of November. Retail Trade drove the growth, adding 1,000 seasonally adjusted jobs (up 0.4%). Wholesale Trade added 100 jobs (0.1%), and Transportation, Warehousing, and Utilities lost 300 jobs (0.3%).
Over the year the supersector added 11,381 jobs (2.2%), with growth in all three component sectors. Wholesale Trade added 2,855 jobs (2.3%), Retail Trade added 6,539 (2.3%), and Transportation, Warehousing, and Utilities added 1,987 (1.8%).
Information employment was flat in November, holding at 43,400.
Over the year the supersector added 1,036 jobs (2.4%). However, both published components, Telecommunications and non-internet Publishing Industries, posted negative annual growth.
Employment in Financial Activities was flat in November, holding at 190,900 jobs. Finance and Insurance lost 200 jobs (0.1%) while Real Estate and Rental and Leasing added 200 jobs (0.6%).
Over the year the supersector added 520 jobs (0.3%). Real Estate and Rental and Leasing added 1,190 jobs (3.4%), but gains were held down by the decline of 670 (0.4%) in Finance and Insurance.
Professional and Business Services employers added 1,500 jobs (0.4%) over the month in November. Most of that growth came from Professional, Scientific, and Technical Services, which added 1,100 jobs (0.7%). Administrative and Support and Waste management added 400 jobs (0.3%), and Management of Companies employment was flat.
Over the year Professional and Business Services employers added 22,917 jobs or 6.1%. This was the largest proportional growth of any supersector save Leisure and Hospitality. Administrative and Support and Waste Management added 12,006 jobs (9.2%), with Employment Services up 3,459 or 5.9%.
Employment in Educational and Health Services was up 1,500 (0.4%) in November. Health Care and Social Assistance drove the growth, adding 1,800 jobs (0.4%). Educational Services employers lost 400 jobs (0.6%).
On an annual basis Educational and Health Services employers added 21,686 jobs (4%). Both major components grew by 4%, with Educational Services up 2,934 jobs and Health Care and Social Assistance up 18,752 jobs. Nursing and Residential Care Facilities employment was up 2% (1,960 jobs) on the year after being up 0.2% in October, a sign that the tight labor market in that industry group may be loosening some.
Leisure and Hospitality employers added 700 jobs (0.3%) over the month in November. Arts, Entertainment, and Recreation added 1,500 jobs (3.1%) while Accommodation and Food Services lost 800 (0.4%).
Over the year employment in Leisure and Hospitality was up 17,253 jobs or 7.4%, once again the largest proportional growth of any supersector in the state. Arts, Entertainment and Recreation was up 8,794 (24.4%) while Accommodation and Food Services added 8,459 jobs (4.3%).
Employment in Other Services was down 500 (0.5%) in November. It was the third consecutive month of negative growth for the supersector.
On the year Other Services employers added 836 jobs (0.8%). Religious, Grantmaking, Civic, and Professional Organizations drove the increase, adding 1,332 jobs (2.2%). Repair and Maintenance employment was off by 578 (2.6%) on the year.
Government employers added 3,300 jobs (0.8%) over the month in November. Most of the growth came at the Local level, where employers added 3,100 jobs or 1.1%. Federal and State employers added 100 jobs each, up 0.3% and 0.1%, respectively.
Over the year Government employers added 10,092 jobs (2.5%). Local Government drove the annual growth as well, up 10,095 (3.6%), with most of that coming in the non-educational component, which was up 8,584 jobs (6.3%). State employers added 397 jobs (0.4%), and Federal employers lost 400 (1.2%).
| Minnesota Seasonally Adjusted Nonagricultural Wage and Salary Employment (in thousands) | |||
|---|---|---|---|
| Industry | Nov-22 | Oct-22 | Sep-22 |
| Total Nonfarm | 2961 | 2954.2 | 2937.1 |
| Goods-Producing | 467.6 | 468 | 467.6 |
| Mining and Logging | 6.4 | 6.3 | 6.3 |
| Construction | 129 | 131.3 | 132.3 |
| Manufacturing | 332.2 | 330.4 | 329 |
| Service-Providing | 2493.4 | 2486.2 | 2469.5 |
| Trade, Transportation, and Utilities | 521.7 | 520.9 | 518.4 |
| Information | 43.4 | 43.4 | 43.3 |
| Financial Activities | 190.9 | 190.9 | 190.2 |
| Professional and Business Services | 397 | 395.5 | 391.2 |
| Educational and Health Services | 559.9 | 558.5 | 557.8 |
| Leisure and Hospitality | 260.5 | 259.8 | 251.5 |
| Other Services | 109.2 | 109.7 | 110.1 |
| Government | 410.8 | 407.5 | 407 |
| Source: Department of Employment and Economic Development, Current Employment Statistics, 2022 | |||
