State has 97,400 Job Vacancies in Fourth Quarter 2016
March 27, 2017
Minnesota employers reported nearly 97,400 job vacancies in the fourth quarter of 2016, indicating the state labor market remains tight as baby boomers retire from the workforce and moderate job growth continues, according to figures released today by the Minnesota Department of Employment and Economic Development (DEED).
DEED said job vacancies were up 1.3 percent from the same period one year ago, when there were 96,100 vacancies statewide.
According to the figures, the Twin Cities had less than one unemployed person (0.9) for every job vacancy. In Greater Minnesota, the ratio was 1.4 unemployed people for each job vacancy.