Minneapolis: A Promising Job Market

Minneapolis: A Promising Job Market

I have been analyzing the Minneapolis job market ever since I was in college at the University of Minnesota. Since graduating I have applied to numerous jobs and finally started working at a boutique investment bank.

Minneapolis is a great city and there are plenty of career opportunities. Nine Fortune 500 companies have their headquarters in the city and they are Target Corporation, U.S. Bancorp, Medtronic, General Mills, Xcel Energy, Ameriprise Financial, Thrivent Financial for Lutherans, Nash-Finch and Alliant Techsystems.[1] As of 2009 the city's largest employers are the State of Minnesota, Mayo Clinic, United States Federal Government, Target, the University of Minnesota, Allina Health System, Fairview Health Services, Wal-Mart and Wells Fargo among others.[2]

The work force in Minneapolis is highly educated with several individuals holding advanced degrees. Minneapolis was one of America’s Best Cities For Young Professionals in a Forbes publication in 2010.[3] Additionally, the city was named one of the “Best Places to Live in 2010” in an April 2010 issue of Men’s Journal magazine.[4]

 

Unemployment Rate

 

The unemployment rate in Minneapolis is 8.8%, which is higher than the national average of 6.9%.

According to some trend data obtained by Simply Hired, the number of jobs in Minneapolis has gone up by 41% since February 2010.

 
 

Popular Minneapolis Jobs

 

Right now, the most commonly listed Jobs in Minneapolis by Simply Hired are business analyst jobs, registered nurse jobs, project manager jobs, java developer jobs, retail sales associate jobs sales associate jobs.[5]