Workforce Shortage

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Our economy is facing a critical workforce shortage.

Over the next five years, employers – already struggling to fill open positions – will see this challenge accelerate due to the confluence of an aging workforce, a diminishing worker pool and the need to fuel an anticipated 20 percent growth in new employment due to economic growth.
Greater Mankato Growth convened a talent task force which is charged with initiating a collective community response, stemming from a framework of strategic priorities. The Talent Task Force will share this framework at the summit as the guiding document.
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Minneapolis Fed Writes Article Featuring Greater Mankato

fedgazette-logoA few months ago, a representative from the Minneapolis Federal Reserve Bank visited Greater Mankato and met with several business and community leaders on the state of the community. The result is a great community profile that was just published in their fedgazette. The article, titled District Spotlight: Mankato finds its big-city legs highlights how we’ve emerged as a top regional center in the upper Midwest and is worth a read and share to your colleges. Thanks to those who met with the Federal Reserve Representative and to all of you for making our community great! Keep the momentum going!

District Spotlight: Mankato finds its big-city legs