The number of job vacancies grew by 8.1 percent from one year ago, to 96,000 during fourth quarter 2015. Statewide, the greatest number of vacancies were in the Health Care & Social Assistance industry, followed by Accommodation & Food Service, Retail Trade, and Manufacturing. The statewide median wage offer was $13.54 per hour.
About 56,000 or 58.3 percent of job vacancies were located in the Twin Cities seven-county area, while the remaining 40,000 vacancies were located in Greater Minnesota.
Statewide, there was a one-to-one ratio between job seekers and job vacancies, the lowest ratio on record during a fourth quarter. This indicates that the labor market continues to tightened as baby boomers retire and the number of jobs continues to grow.