By Nick Dobbins
October 2021
Monthly analysis is based on seasonally adjusted employment data.
Yearly analysis is based on unadjusted employment data.
Minnesota employment was up by 4,300 (0.2%) on a seasonally-adjusted basis in August. It was the eighth consecutive month of growth for the state. Private sector employers added 6,200 jobs (0.3%).
Over the year employment in the state was up by 4% or 109,834 jobs. Goods producers added 18,594 jobs (4.1%), and service providers added 91,330 (3.9%).
Mining and Logging employment was up by 100 (1.6%) over the month in September on a seasonally adjusted basis.
On an annual basis the supersector added 232 jobs or 3.6%, which was down from 4.9% over-the-year growth in August.
Employment in Construction was up 2,300 (1.8%) in September. It was the third consecutive month with seasonally adjusted growth for the supersector.
Over the year Construction employers added 10,032 jobs or 7.6%. It was the second-highest proportional growth of any supersector in the state after Leisure and Hospitality and an improvement over August's 5.5% annual growth. Every published component sector added jobs.
Manufacturing employers lost 400 jobs (0.1%) on the month in September. Durable Goods Manufacturing lost 500 jobs (0.2%) while their counterparts in Non-Durable Goods Manufacturing added 100 (0.1%).
On an annual basis the supersector added 11,224 jobs (3.7%). Durable Goods Manufacturing was up 6,451 (3.3%), and Non-Durable Goods Manufacturing was up 4,773 (4.3%).
Trade, Transportation, and Utilities employment was up by 2,600 (0.5%) in September. The growth was driven by Transportation, Warehousing, and Utilities, which added 3,100 jobs or 3%. Retail Trade employment was up 400 (0.1%) while Wholesale Trade employment was down by 900 (0.7%).
Over the year Trade, Transportation, and Utilities added 13,924 jobs (2.8%) with growth in all three major component sectors. Transportation, Warehousing, and Utilities led the way, up 7,087 or 7%. Transportation and Warehousing added 7,109 jobs (8%), despite one of its largest components, Truck Transportation, posting negative annual growth (down 831 or 3.1%).
Employment in Information was up by 100 (0.2%) on a seasonally adjusted basis in September.
Over the year Information employers lost 2,018 jobs (4.8%). It was the worst proportional growth of any supersector in the state as Information employment continues to decline in the state.
Financial Activities employment was up by 1,300 (0.7%) in August, with growth in both component sectors. Real Estate and Rental and Leasing employment was up 1.8% (600 jobs) while Finance and Insurance was up 700 (0.4%).
Over the year the supersector lost 748 jobs (0.4%). It was one of just two supersectors to lose jobs on the year, primarily because it was much less hard-hit by the original wave of COVID19-related job losses than most supersectors and as such had less ground to make up to get back to pre-COVID levels. Finance and Insurance lost 1,488 jobs (0.9%), while Real Estate and Rental and Leasing added 740 jobs (2.2%).
Employment in Professional and Business Services was up by 2,400 (0.6%) in September. Professional, Scientific, and Technical Services drove the growth, adding 1,700 jobs or 1.1%. Management of Companies added 600 jobs (0.7%), and Administrative and Support and Waste Management and Remediation Services added 100 (0.1%).
Over the year the supersector added 21,275 jobs (6%). Administrative and Support and Waste Management and Remediation Services added 11,582 jobs (9.8%), with the addition of 6,754 jobs (14.2%) in Employment Services. Management of Companies lost 722 jobs (0.8%).
Educational and Health Services employers added 1,900 jobs (0.4%) in September. It was the first month with seasonally adjusted growth in the supersector since May. Health Care and Social Assistance added 1,500 jobs (0.3%), and Educational Services added 400 (0.6%).
Over the year Educational and Health Services employment was up 4,457 (0.8%). Educational Services added 4,120 jobs (6.3%), while Health Care and Social Assistance chipped in 337 jobs (up 0.1%).
Leisure and Hospitality employment was up by 9,800 (4.1%) on a seasonally adjusted basis in September. It was the ninth consecutive month of growth for the supersector.
On an annual basis employment in Leisure and Hospitality was up 44,097 or 20.7%. It remained the largest proportional growth of any supersector in the state, which has been the case throughout the recovery as the hard-hit industry group continues building back towards pre-pandemic levels.
Other Services employers shed 200 jobs (0.2%) on the month in September, the second consecutive month of declines for the supersector.
On the year, Other Services added 4,461 jobs or 4.5%. All three components added jobs, with the largest proportional growth coming in Repair and Maintenance (up 7.4% or 1,504 jobs).
Government employers shed 600 jobs (0.1%) in September, with State employment off by 700 (0.7%) and Federal employment up 100 (0.3%).
Over the year Government added 1,941 jobs (0.5%). Losses at the State and Federal levels (down 3.3% and 9.6%, respectively) were offset by the addition of 8,692 jobs or 3.3% among Local Government employers.
