Despite the length of our recovery and the jobs that we have regained, the severity of the recession and the often feeble nature of employment growth still leave us shy of a complete recovery.
Anyone walking into a manufacturing plant today would see a stark contrast from what was common in the last century.
Much progress has been made toward correcting safety and health concerns of yesteryear and promoting a vibrant workplace. One thing hasn’t changed, though. The industry remains an important source of jobs, both nationally and in Minnesota.
Northern Minnesota, traditionally home to a strong goods-producing sector, was hit hard by the Great Recession. The economy is still solidly grounded in its rich natural resources and strong manufacturing base, but the health care and social assistance sector weathered the recession to emerge as the largest employer in the region.
While the national economy still isn't firing on all cylinders, the engine is really revving up in Minnesota. Lots of good things are happening, and business pundits, economic analysts and list makers from around the country are taking notice. Here are just a few of the recent accolades that have come our way.
We’ve all seen the magnetic yellow ribbons on cars and the “Support Our Troops” bumper stickers, but it’s good to know that there are people who put that support into action and make a difference in veterans’ lives. DEED’s veterans employment representatives are some of those people.
DEED Commissioner Katie Clark Sieben visited the Mankato area for a day of site visits with local businesses and stopped at the Verizon Wireless Center to highlight Gov. Mark Dayton’s bonding proposal that would provide the city $14.5 million to fund an addition to it.
When students decide to major in a field of study, they often lack important information about labor market outcomes. Are there jobs in their field? What do they pay? Is the industry stable enough to ensure long-term employment?
DEED Commissioner Katie Clark Sieben and Office of Higher Education Commissioner Larry Pogemiller visited International Falls, Grand Rapids and Hibbing to underscore their support for $3.3 million in bonding that Gov. Mark Dayton is proposing for four Northeast Higher Education District (NHED) colleges. They are Hibbing, Itasca, Rainy River and Vermilion community colleges.
The Great Recession sent shock waves through the U.S. labor market, with more than 8 million people, including 160,000 Minnesotans, losing their jobs from the end of 2007 through 2009. People with disabilities were among the hardest hit populations during that period, with their employment rates declining even more dramatically than the general population.