Only 40% of NE Minnesota Job Openings Offer Health Care
JOBS NOW Coalition Job Vacancy FACT SHEET—December 2016Job Vacancy Survey, Minnesota Department of Employment and Economic Development (DEED), 2nd Quarter 2016 *Only 40 Percent of Northeast Minnesota Job Openings Offer Health Care
In Northeast Minnesota there are 10,000 job seekers competing for 8,000 job openings. Despite an increase in job openings, the 1.3-to-1 ratio of job seekers to job openings is about the same as a year ago. Here’s why the job gap ratio failed to improve: over the last year the region’s unemployment rate jumped a full point, rising from 5.2 to 6.2 percent. This means the region has 1700 more job seekers than in the year before—a 20 percent increase. ** Other findings for Northeast Minnesota include:
- Only 40 percent of all openings offer health care.
- Only 26 percent of all openings require post-secondary education or training; only 13 percent require a four-year degree.
- Thirty percent of all openings are part-time.
- The median wage for part-time openings is $11.10 per hour. ***
DEED’s Cost of Living report shows that in a Northeast Minnesota family of three with both parents working full-time, each worker must earn $12.30 per hour to meet basic needs. To see the Cost of Living research by county, use DEED’s Calculator at http://mn.gov/deed/data/data-tools/col/ The Northeast Minnesota Planning Region consists of the following seven counties: Aitkin, Carlton, Cook, Itasca, Koochiching, Lake and St. Louis. Questions? Email Kevin Ristau at email@example.com * https://apps.deed.state.mn.us/lmi/jvs/ChooseAreaMap.aspx
** Figures for job seekers are from second quarter 2016. https://apps.deed.state.mn.us/lmi/laus/
*** A median is a midway point; half of the jobs are above it, half below.