The Education Program at The Kresge Foundation has published an Ecosystem Solution Infographic. This is a response to the finding that only 1 in 10 students from low-income families will earn a bachelor’s degree by age 25. Continue reading
~by Joy Brown
Whether you’re exploring career options for the first time or interested in a career tune-up, there is one rubber-meets-the-road issue that most of us have to face: Will I make enough money?
While deciding what is “enough” can be a very complex and personal question, the Cost of Living Tool from the Minnesota Department of Employment and Economic Development (DEED) provides information to help you make decisions. Continue reading
by Joy Brown ~
The latest Job Vacancy Survey (JVS) brings good news to Minnesota job seekers. While job vacancies have been showing labor market recovery for a while, the latest survey shows a total of 88,900 job vacancies across the state. This is an increase of 47.3% from a year ago and the highest number of job vacancies in 14 years. Continue reading
by Denise Felder ~
Maybe you’ve heard – The job market has changed.
Most good paying jobs now require a college degree or some other type of postsecondary credential, like an apprenticeship. That means that there are fewer jobs available to someone with only a high school diploma today than there were 20 or 30 years ago. Continue reading
by Luke Greiner ~
After getting knocked down during the recession, the manufacturing sector has added more jobs to Central Minnesota’s economy than any other industry since 2010 by gaining 3,676 additional jobs. This incredible comeback accounts for almost 30% of total job growth in the region in the last three years. Recent growth is also impressive, with more than one in five new jobs being in manufacturing from 2012 to 2013.
by Rachel Vilsack —
A blog last month looked at the issue of Minnesota’s minimum wage. As the Minnesota Legislature resumed session this month, there has been continued discussion on increasing the state’s minimum wage. This raises the question: How many jobs, in which regions, and in which occupations, would be affected if there were a substantial increase in the state minimum wage? To find the answer, we take the higher minimum wage level of the House bill (HF0092), $9.50 an hour for large employers, and estimate how many jobs would see wages increase to meet the new level.
by Rachel Vilsack —
Minnesota’s high labor force participation – or the percent of the population working or looking for a job – is a key factor in future job growth. It’s also a measure of worker availability, which can fluctuate as youth enter the labor force for the first time, job seekers stop looking for work, or workers retire and exit the labor market entirely. In December 2013, the state’s labor force participation rate stood at 70.1 percent.
by Rachel Vilsack
Last session the Minnesota Legislature debated on whether to raise the minimum wage. The session closed with the House approving a bill that would raise the wage to $9.50 an hour by 2015. A similar bill is expected to be debated in the 2014 legislative session. Let’s take a closer look at who makes minimum wage in Minnesota.
by Nayda Sadr-Panah
A large part of financial wellness includes protecting yourself from identity theft and fraud. It doesn’t happen to many people but the aftereffects of being a victim are harsh and could inconvenience you for the rest of your life. Shredding documents with sensitive information—such as bank statements, tax documents, documents containing your social security number, expired credit cards, anything with your address—is the most basic way to protect yourself from identity theft. Any documents with sensitive information that you keep at home should be stored in a locked, fireproof safe.
by Alessia Leibert
Manufacturers face unprecedented challenges in filling skilled production positions, including competition from other firms, declining interest in manufacturing careers among young people, unattractive firm locations and work shifts, uncompetitive wages, and skills gaps. Minnesota employers are investing in solutions to remove some of these barriers, but hiring difficulties persist.