Central Region Shows Resilience
1 Jun 2023
News
Central Minnesota, like all regions of Minnesota and most parts of the country, is facing a tight labor market that is likely constraining job growth across multiple industry sectors, impacting some industries more than others. In many cases, employers want to hire more workers and create more jobs, but can't find the workers they need, limiting job growth.
Roughly three years after the brief Pandemic Recession in 2020, every region in Minnesota still has fewer jobs than it had in 2019, at least when looking at annual averages from the Quarterly Census of Employment & Wages program. Central Minnesota has shown remarkable resilience, achieving the second smallest overall decline of from 2019 to 2022 (-1.5%).
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