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December Job Numbers Show Growth in the Marketplace
Mankato, MINN (January 23, 2014) – Job numbers for the Mankato – North Mankato Metropolitan Statistical Area (MSA) continue their steady climb. Numbers released today from the Minnesota Department of Employment and Economic Development (DEED) show that the MSA had 54,438 jobs for the month of December – the highest December total employment since 2007. This number is up 385 jobs year-over-year from December 2012 where the area held 54,053 jobs.
Several great pieces of data emerge from these December numbers for the MSA, once again showing what a successful year it has been for Greater Mankato.
Other Highlights include:
- Highest all time Private Service Providing employment at 36,010 jobs. In 2013 the MSA has seen a year-over-year growth in this sector of 682 jobs. These numbers top the pre-recession peak experienced in 2006 by 2.7%.
- Highest December Total Private numbers seen since 2007 (45,606 jobs).
- The MSA saw the 2nd highest growth percentage in Goods Producing jobs at 2.55% from 2012 – 2013.
Growth of Goods
The total job numbers would have been much higher if not for a sharp drop in government jobs. The December government job count of 8,832 was down 415 jobs from last month and 161 from December 2012.
“These positive numbers ad to the vibrant story that Greater Mankato continues to tell” said Jonathan Zierdt, President & CEO of Greater Mankato Growth, Inc. “The numbers seen this month in Private Service Providing jobs speak to the success of Greater Mankato as a thriving regional center.”
This latest jobs data comes from CES Data released today by the Minnesota Department of Employment and Economic Development (DEED), which measures the number of paid employees in a particular region, excluding self-employment and farm jobs. For more CES jobs data, visit greatermankato.com/current-employment-statistics-jobs-data.
About Greater Mankato Growth
Greater Mankato Growth (GMG) is committed to advancing business for a stronger community. As the Chamber of Commerce and Economic Development organization serving the regional marketplace, GMG advances business through: existing business support, new business growth, business promotion, talent development, public affairs, community marketing, visitor attraction and servicing and civic engagement. Greater Mankato Growth, Inc. also includes two LLCs: Visit Mankato, which focuses on visitor attraction and servicing, and the City Center Partnership, LLC, which focuses on development in the City Center.
About the Regional Economic Development Alliance
In 2009, the Regional Economic Development Alliance (REDA) began with a progressive group of communities and counties joining together with Greater Mankato Growth in business attraction and development efforts. REDA participants include Eagle Lake, Lake Crystal, Le Sueur, Madison Lake, Mankato, Saint Peter and Blue Earth County. By working together, the group is able to efficiently provide regional and individual city and county information to businesses interested in the Greater Mankato marketplace. As a result of promoting the individual strengths of each community, along with the combined assets of the regional marketplace, all experience collective success.