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1. • 3.9%

     • Since January 2021, nonfarm private sector wages in Minnesota posted an average OTY growth of 3.9%, while the CPI's average growth has increased to 5.4% in the Minneapolis-St. Paul area (5.5% nationally).
     Reference:

     Wages and Inflation in Minnesota / Minnesota Department of ...

2. mn.gov › deed › assetsJanuary 2024 Employment Analysis - Minnesota's State Portal

   mn.gov › deed › assets

   The U.S. total nonfarm employment increased by 353,000 jobs, or 0.2%. The U.S. private sector gained 317,000 jobs, also 0.2%. Five supersectors in Minnesota gained jobs on a seasonally adjusted basis since the prior month, including: Education and Health Services gained 2,600 jobs, up 0.5%.

3. mn.gov › publications › trendsWages and Inflation in Minnesota / Minnesota Department of ...

   mn.gov › publications › trends

   • Cached

   Since January 2021, nonfarm private sector wages in Minnesota posted an average OTY growth of 3.9%, while the CPI's average growth has increased to 5.4% in the Minneapolis-St. Paul area (5.5% nationally).

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4. www.reuters.com › world › usMinnesota's economy under Walz in five charts | Reuters

   www.reuters.com › world › us

   Aug 7, 2024 · Total nonfarm payrolls have grown by just 0.5% - 14,700 jobs - since Walz became governor versus 5.8% for the U.S. overall.

5. www.bls.gov › eag › eagMinnesota Economy at a Glance - U.S. Bureau of Labor Statistics

   www.bls.gov › eag › eag

   • Cached

   St. Cloud, MN. Geographically based survey data available from BLS: Employment & Unemployment. Employment, Hours, and Earnings from the CES survey (State and Area) Local Area Unemployment Statistics. Create Customized Maps -- Unemployment Rates. Quarterly Census of Employment and Wages. Occupational Employment Statistics. Geographic Profile.

6. www.startribune.com › minnesota-recorded-3-millionMore than 3 million Minnesotans worked in October, the ...

   www.startribune.com › minnesota-recorded-3-million

   • Cached

   Nov 16, 2023 · Private-sector wages have also risen in Minnesota, with a 3.3% bump since October 2022 bringing the average hourly wage to $36.51, compared to about $34 nationally.

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8. fred.stlouisfed.org › series › IPUZNW201270000Employment for Private Nonfarm in Minnesota - St. Louis Fed

   fred.stlouisfed.org › series › IPUZNW201270000

   • Cached

   May 31, 2024 · Graph and download economic data for Employment for Private Nonfarm in Minnesota (IPUZNW201270000) from 2008 to 2023 about MN, nonfarm, private, employment, and USA.

9. www.bls.gov › regions › midwestBusiness Employment Dynamics in Minnesota — First Quarter ...

   www.bls.gov › regions › midwest

   • Cached

   Nov 7, 2023 · From December 2022 to March 2023, gross job gains from opening and expanding private-sector establishments in Minnesota were 142,357, while gross job losses from closing and contracting private-sector establishments were 121,788, the U.S. Bureau of Labor Statistics reported today.

10. People also ask

    Are nonfarm private sector wages growing in Minnesota?

    • Since January 2021, nonfarm private sector wages in Minnesota posted an average OTY growth of 3.9%, while the CPI's average growth has increased to 5.4% in the Minneapolis-St. Paul area (5.5% nationally). While the current trend is growth in prices to outpace growth in wages, the larger picture is more complex.

    Wages and Inflation in Minnesota

    mn.gov/deed/newscenter/publications/trends/june-2022/wages.jsp

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    How has Minnesota's job growth compared to the US?

    • Job growth in Minnesota under Walz has not kept up with the U.S. pace, especially after the COVID-19 job losses in early 2020, according to the Bureau of Labor Statistics. Total nonfarm payrolls have grown by just 0.5% - 14,700 jobs - since Walz became governor versus 5.8% for the U.S. overall.

    Minnesota's economy under Walz in five charts | Reuters

    www.reuters.com/world/us/minnesotas-economy-under-walz-five-charts-2024-08-07/

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    Does Minnesota still have a labor force participation rate?

    • At the same time, the seasonally adjusted labor force participation rate (LFPR) is still down from its pre-pandemic peak. While Minnesota still outpaces the nation in LFPR, we hit a low of 67% in March of 2021, a rate we hadn't seen since October of 1977.

    Wages and Inflation in Minnesota

    mn.gov/deed/newscenter/publications/trends/june-2022/wages.jsp

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    What happened to Minnesota's unemployment rate in 2022?

    • As employment began to recover, businesses found they had a surplus of jobs and lack of available workers. Minnesota's seasonally adjusted unemployment rate reached an all-time low of 2.2% in April of 2022. At the same time, the seasonally adjusted labor force participation rate (LFPR) is still down from its pre-pandemic peak.

    Wages and Inflation in Minnesota

    mn.gov/deed/newscenter/publications/trends/june-2022/wages.jsp

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    Does Minnesota have a low unemployment rate?

    • Joblessness - at 2.9% as of June - has been notably lower in Minnesota than in across the U.S., BLS data shows. The unemployment rate peaked at 11.2% in the spring of 2020, 3.6 percentage points below the national peak, and it has remained low - not rising above 3% since December 2021.

    Minnesota's economy under Walz in five charts | Reuters

    www.reuters.com/world/us/minnesotas-economy-under-walz-five-charts-2024-08-07/

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    How does inflation affect Minnesota's purchasing power?

    • Minnesotans are not spared the impacts of inflation, which tends to hit lower-income people harder. This article examines the various ways of measuring both wage and other compensation increases and how inflation impacts real purchasing power.

    Wages and Inflation in Minnesota

    mn.gov/deed/newscenter/publications/trends/june-2022/wages.jsp

    See all results for this question