February 2022 Employment Figures – Employment & Jobs Rise

Preliminary figures for February were released Wednesday by the Bureau of Labor Statistics. Between January & February, Greater Mankato saw employment growth of 900 to a post-pandemic high of 60,194. Jobs (total nonfarm payroll) increased by 700 to 56,000. In short, the difference between jobs and employment is that the jobs number counts the number of paychecks being issued in Greater Mankato and employment counts the number of people who live in Mankato who work. A deeper explanation of the difference between these two statistics and why the number of jobs is less than employment can be found at the end of the January employment figure report.

Unemployment decreased by 342 and the labor force grew by 558. The growth in employment and labor force comes on top of January numbers that have been adjusted up by 200 since they were released last month.

The employment numbers in our region and the jobs numbers in our region paint two very different pictures of the talent shortage. Employment is at its highest point since the beginning of the pandemic and is down by less than 400 compared to February 2020. This tells us that the vast majority of people in our region have returned to work in some form. In contrast, jobs are down by 2,800 compared to February 2020. This helps explain why there are so many businesses short workers despite the labor force return in Greater Mankato. There are a number of possible reasons for this difference:

Continue reading “February 2022 Employment Figures – Employment & Jobs Rise”

January 2022 Employment Figures – Employment Rises While Total Jobs Worked Falls

The Bureau of Labor Statistics has released preliminary January data for their Local Area Unemployment Statistics (LAUS) and Current Employment Statistics (CES) reports. In these reports, we saw that the number of employed individuals living in the Mankato-North Mankato MSA rose by 366 while the number of jobs being worked (total nonfarm payroll) in our region dropped by 900 (information on the difference between employed individuals & jobs data can be found at the end of this blog post).

The number of non-farm jobs being worked in our region dropped from 56,300 in December 2021 to 55,400 in January 2022, a 1.6% decrease. In contrast, the number of employed individuals rose from 58,716 to 59,082 over the same period, a 0.6% increase. Individuals entering the labor force rose by an even higher 1.1% (688) people. Between December 2021 and January 2022, the labor force rose from 60,050 to 60,638 – its highest point since November 2020.

Continue reading “January 2022 Employment Figures – Employment Rises While Total Jobs Worked Falls”

On Being a Successful Business in an Everchanging World

bison.jpgThe following is a guest blog post authored by Scot Zellmer. Scot is one of the organizers that worked on behalf of adoption and recognition by the City of Mankato of Indigenous Peoples Day. His post speaks to the importance of ensuring our community adopts a “wide range of inclusive and affirming business practices” in order to attract and retain the talent we’ll need to fuel our economy. Continue reading “On Being a Successful Business in an Everchanging World”

Individuals with Refugee and Asylee Status in the Workforce: What Employers Need to Know

2018_Forum SeriesRegister now for a luncheon workshop on August 8 – Individuals with Refugee and Asylee Status in the Workforce: What Employers Need to Know. 

Individuals with refugee and asylee status are able to work without restrictions from the start of their time in the U.S. However, it can be complicated for employers and individuals to understand the process and the documents that the government provides and uses for the I-9. Given the workforce shortages we’re experiencing across the region, it’s essential that employers are equipped to employ the entire talent pool available to them. To help employers navigate these issues, Greater Mankato Growth is hosting this workshop with experts from the State of Minnesota’s Office of Resettlement Programs and the Minnesota Council of Churches. At this event, employers and hiring managers will gain a much better understanding of the rules and procedures surrounding employing refugees and asylees. There will also be time for Q&A so that you can get your most pressing questions answered.

Wednesday, August 8
11:30 am – 1:00 pm
ISG (115 E. Hickory St., Suite 300), 3rd Floor Conference Room

You can register and get more information HERE. Continue reading “Individuals with Refugee and Asylee Status in the Workforce: What Employers Need to Know”

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

Continue reading “The Workforce Series (7): Tax Credit for Employers”

The Workforce Series (2): Hiring Refugees & Asylees

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. 

Refugees & Asylees Have The Right To Work

Written by: Margo Druschel: Associate Director, Minnesota Council of Churches

Refugees and Asylees Have the Right to Work…but it can be complicated for employers and individuals to understand the documents that the government provides and uses for the I-9.

The Refugee Employment Services staff of the Minnesota Council of Churches Refugee Services Office would like to offer some answers to FAQs and to offer ourselves as resources.  We recently attended a workshop offered by the US Department of Justice Immigrant and Employee Rights Section of the Office for Civil Rights, where many questions were answered. Continue reading “The Workforce Series (2): Hiring Refugees & Asylees”

The Workforce Series (1): Connecting Businesses to School

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. 

 

Engagement Opportunities Support Teachers and Students

Written by: Alison Troldahl, Family and Community Engagement Coordinator, ISD 77 Continue reading “The Workforce Series (1): Connecting Businesses to School”

How Race Impacts the Workforce Shortage

The country is facing a labor shortage as the Baby Boomer population retires and the Mankato-North Mankato Metropolitan Statistical Area (Blue Earth and Nicollet Counties) is no different. To provide insight on strategies to address this shortage, Greater Mankato Growth conducted a national comparison of Metropolitan Statistical Areas (MSA) and analyzed workforce engagement. The unique labor force characteristics of our MSA can show areas for improvement and opportunity for enhanced engagement with our diverse populations.

The Mankato-North Mankato Metropolitan Statistical Area (Blue Earth and Nicollet Counties) have very unique attributes in our workforce.  According to the U.S. Census Bureau, we rank 364 out of 381 MSAs in the country in terms of percent of workers 16-64 year who worked full-time, year round.

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Uncovering the Job Gap

Facing my last semester as a senior (second year) in college I was facing thee question, what next? Time for reality, a full-time “grown-up” job was hopefully coming my way very, very soon. But how was I going to find it? For an anthropology major I maybe should have dissected the career opportunities and employment potential a little further, but none-the-less I was determined to land a job as, get this – an archeologist.

Continue reading “Uncovering the Job Gap”