December 2012 - Minnesota Economic Trends

This issue of Minnesota Economic Trends includes three stories about the connection between education and employment. We analyzed Bureau of Labor Statistics data to compare unemployment rates based on education levels in Minnesota, looked at Quarterly Workforce Indicators data to determine which industries in Minnesota have the most highly educated workforces and which have the least educated workers. Finally, we compared the pay of construction and health care workers in Minnesota before and after they went back to school for more training in their fields.

The December issue also includes a cover story about careers in the growing social media industry and an article about where the long-term unemployed are finding work. 

Download a full pdf of this issue or select the links below to view individual stories.


Letter From the Editor

The cover headline in a recent issue of Newsweek magazine posed a question that people are increasingly asking these days: “Is College a Lousy Investment?” As with most things in life, the answer depends...

Let's Get Social

Organizations are increasingly looking to social media professionals to promote their brands and engage audiences.

The Education Advantage

People with higher levels of education have more job opportunities and lower unemployment rates than people with less schooling.

Education and Jobs

Education matters when it comes to pay and unemployment rates, although less in some sectors than others in Minnesota.

Back to the Classroom

More education often results in higher paychecks for workers in the construction and health care industries, according to a DEED analysis.

Returning to Work

Many Minnesotans who experienced long-term unemployment during the recession are finding work again, but not always in the same industry or at the same pay.

The Market for Lemons

As the Returning to Work article shows, the dramatic increase in the number and share of long-term unemployed is a distinctive feature of the recent recession, and it will have lingering effects far into the future.