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Annual Employment

(DEED) U.S. over-the-year job loss stood at 6.0% with the private sector down 6.1% in December.

All supersectors in Minnesota lost jobs in December over the year.

Annual job losses were still greatest in Leisure & Hospitality, down 43.7% or 116,429 jobs. Information was down 15.9% or 7,301 jobs, Other Services was down 13.5% or 15,499 jobs, Mining and Logging was down 11.4% or 694 jobs, and Government was down 8.4% or 36,152 jobs.

Four supersectors showed strength compared to the nation: Mining and Logging was down 11.4% in Minnesota compared to 11.8% nationwide. Manufacturing was down 3.3% compared to 4.2% nationwide. Trade, Transportation, and Utilities was down 1.7% compared to 2.4% nationwide, and Professional and Business Services was down 1.3% compared to 3.7% nationwide.

December Over The Year (OTY) Employment Change By Industry Sector

(Not Seasonally Adjusted)

OTY Job Change OTY Growth Rate (%) US OTY Growth Rate
Total -238,056 -8.0% -6.0%
Private -201,904 -7.9% -6.1%
Logging & Mining -694 -11.4% -11.8%
Construction -4,694 -3.9% -1.7%
Manufacturing -10,581 -3.3% -4.2%
Trade, Transport. & Utilities -9,140 -1.7% -2.4%
Information -7,301 -15.9% -8.8%
Financial Activities -1,643 -0.9% -0.7%
Prof. & Business Services -5,098 -1.3% -3.7%
Education & Health Services -30,825 -5.6% -4.7%
Leisure & Hospitality -116,429 -43.7% -22.7%
Other Services -15,499 -13.5% -7.4%
Government -36,152 -8.4% -5.5%

Source: MN Department of Employment and Economic Development

https://mn.gov/deed/data/current-econ-highlights/state-national-employment.jsp

DEED monthly employment release Jan 2021- Click the link below to download:
DEC 2020 Employment Analysis_tcm1045-283140