One Job Opening for Every Job Seeker in the Twin Cities

JOBS NOW CoalitionJob Vacancy FACT SHEET—May 2015One Job Opening for Every Job Seeker in the Twin CitiesFor the first time in fourteen years, the Twin Cities Metro Region has the same number of job seekers as job openings.*  According to the updated Job Vacancy Survey from the Minnesota Department of Employment and Economic Development (DEED), there are 49,000 unemployed job seekers and 49,000 job openings.**Over the last year, the number of Metro job openings rose 50 percent.  Here are the occupations with the largest year-to-year increases followed by their median wage offers: ·       Personal care and service openings are up 94 percent; the median wage is $11.15 per hour.***·       Sales openings are up 123 percent; the median wage is $10.25 per hour.·       Installation, maintenance and repair openings are up 149 percent; the median wage is $13.00 per hour.·       Janitorial openings are up 186 percent; the median wage is $12.00 per hour.The sales occupation has 7,200 openings—by far the largest number for any occupation in the survey.Other Metro findings include:·       One third of all openings are part-time.·       Only 44 percent of all openings require education or training beyond high school; only 25 percent require a four-year degree.·       The median wage for all openings is $15.05 per hour.According to DEED’s Cost of Living in Minnesota research, the Metro average for a family-supporting wage is $17.92 per hour.****  To see the updated Cost of Living research by county, use DEED’s Cost of Living Calculator at http://mn.gov/deed/data /data-tools/col/index.jsp Questions?  Contact Kevin Ristau at kristau@jobsnowcoalition.org or 651-290-0240.* The Twin Cities Metro Region consists of the following counties: Anoka, Carver, Dakota, Hennepin, Ramsey, Scott and Washington.** Figures for job seekers and job openings are from fourth quarter 2014.  https://apps.deed.state.mn.us/lmi/jvs/ChooseAreaMap.aspx*** A median is a midway point; half of the jobs are above it, half below. **** The average Minnesota family size is three persons; the average workweek is 33.7 hours.  Partnered, 1 full-time and 1 part-time worker, 1 child, provides a standard yearly cost and hourly wage needed for a typical family, regardless of how the weekly work hours are distributed between the two adults.