SE MN Job Openings Are Up; Wage Offers Are Down

JOBS NOW CoalitionJob Vacancy FACT SHEET—May 2015  Southeast Minnesota Job Openings Are Up; Wage Offers Are DownJob openings in Southeast Minnesota are up 30 percent compared with one year ago, according to the latest Job Vacancy Survey from the Minnesota Department of Employment and Economic Development (DEED).*  The updated survey shows the region with 6,600 job openings, the most openings in 13 years.**But the median wage for all openings dropped to $11.00 per hour.***  DEED’s Cost of Living research shows that the Southeast Minnesota average for a family-supporting wage is $14.50 per hour.  To see the updated Cost of Living research by county, go to /data-tools/col/index.jsp****Other Southeast Minnesota findings include:·       Only one-third of all openings require education or training beyond high school.·       Only 13 percent of all openings require a four-year degree.·       Forty-five percent of all openings are part-time.·       The median wage for part-time openings is $9.61 per hour.·       Job seekers still outnumber full-time openings by more than 2-to-1.Much of the year-to-year gain in openings is driven by a big increase in one low-wage occupation—food preparation and serving.  In the last year these openings have more than doubled, rising by 140 percent.  In the last four years they have risen by 600 percent.Questions?  Contact Kevin Ristau at 651-290-0240 or* The Southeast Minnesota Planning Region consists of the following counties: Dodge, Fillmore, Freeborn, Goodhue, Houston, Mower, Olmsted, Rice, Steele, Wabasha and Winona.** Figures for job seekers and job openings are from fourth quarter 2014.*** 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.