Greater Mankato Growth Blog

Greater Mankato’s economic strength comes from the diversity of industries that are present in the marketplace.  If one industry is ever down, another is usually on the way up.  When Greater Mankato Growth has looked at industry diversification in the past, we have analyzed the total wages of each industry to surmise the economic impact of each.  But, how does our industry diversification compare to other metropolitan areas across the country and what can it tell us about our economic forecast?

This blog post will focus on the Retail Sector and subsequent ones will explore other industries.

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Grow your small business with LinkedIn by using these seven proven tactics.

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Video: Watch an Entrepreneur pitch their Business in Mankato

One million cups dec 2017 Fingerprint WoodworkGreater Mankato Growth serves as a key organizer for the local chapter of One Million Cups.  Every month 50 – 80 attendees pack the Minnesota State University, Mankato Center for Innovation & Entrepreneurship in Old Town Mankato to hear an entrepreneur’s vision. Read More

Impact of Business Closure on Wages

Job market

The Minnesota Department of Employment and Economic Development maintains wage information for a variety of geographies in the state. The most frequently updated and current data set is the Current Employment Statistics (CES).

Because of the size of the Mankato-North Mankato Metropolitan area (comprised of Blue Earth and Nicollet Counties), some information is redacted for confidentiality purposes. The only wage data available within the CES data set is for the Private Business industry sector.

What is seen in the data confirms what one would suspect in a tight labor market: laid-off workers are seeking the higher paying jobs…and they are finding them.

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To Feed or Not To Feed The Elephant

elephant in a roomToday’s workforce is facing rapid changes and increased competition across industries. Due to the higher pressure to perform and facing constant change, managers and employees are experiencing more conflict in the workplace than ever before.
I like to consider myself an understanding person that values the opinions and feelings of others, however, conflict has the unique ability to insert itself into every aspect of my life. Read More

Webinar for Training Program

Webinar_V2

On February 13, at 10 am, the Minnesota Department of Labor and Industry is conducting a webinar for a program already used by two Greater Mankato area employers.  The PIPELINE Program is a training program that is industry-based and employer-driven. Read More

Mankato Area Job Fair

job fair

Over 50 employers are slated to have a presence at an upcoming Mankato area job fair on February 6th.

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Incentives for an Untapped Labor Pool

The Greater Mankato area is sitting at an unemployment rate of 2.5% as of December 2017.  Employers are looking for creative ways to grow their companies through new workforce recruitment tactics.  With unemployment, this low, innovative ideas need to be explored. Read More

Recently, a business development effort in the Greater Mankato area was written up by Downtown Development Center.

Downtown Development Center is a 50+-year-old organization focused on serving as a clearinghouse on practical strategies and tactics for revitalizing the hearts of cities.

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The Workforce Series (7): Tax Credit for Employers

workforce blog seriesAs part of the Greater Mankato Growth Talent Initiative, GMG is publishing a guest blog series highlighting the programs, tools and resources that are available in our marketplace. This series can serve as a catalog or library for businesses to address workforce issues. 

 

Work Opportunity Tax Credit (WOTC)

Written by: Connie Hines, Workforce Development Specialist, MN DEED

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