Job seekers outnumber job numbersThe latest Job Vacancy Survey shows that in Greater Minnesota there now are 61,000 job seekers competing for only 20,000 unfilled jobs.
The latest Job Vacancy Survey shows that in Greater Minnesota there now are 61,000 job seekers competing for only 20,000 unfilled jobs.
This means that job seekers outnumber unfilled jobs by three-to-one.
Other major findings for Greater Minnesota include:
• Forty percent of job openings are in four large occupational groups: sales, food preparation/serving, transportation/material moving and healthcare support. The combined median wage for these groups is $8.20 per hour.
• Two-thirds of job openings require no education or training beyond high school.
• One out of four openings pays less than $7.75 per hour.
• The median (50th percentile) wage for Greater Minnesota job openings is $10 per hour. JOBS NOW’s cost of living in Minnesota research shows that in a Greater Minnesota family of four with both parents working, each worker must earn at least $10.58 per hour to meet basic needs.