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Mankato-North Mankato MSA Reaches New Employment Benchmark
Mankato, MINN (March 8, 2018) – The Minnesota Department of Employment and Economic Development released the January 2018 employment figures today, along with audited figures for previous years. The Mankato – North Mankato Metropolitan Statistical Area (MSA) saw a gain of 1,636 jobs or 2.9% year over year in the month of January, which led all metropolitan areas in the state.
The audited figures corrected the preliminary estimate that the Greater Mankato area lost jobs during the first quarter of 2017. The update now paints a picture of very moderate employment gains during January and February of 2017 and employment gaining steam through the rest of the year.
Employment in both the Public (3%, 283 jobs) and Private Sector (2.9%, 1,353 jobs) grew in January 2018.
About GMG, Inc.
GMG, Inc. is committed to advancing business for a stronger community. As the Chamber of Commerce and Economic Development organization serving the regional marketplace, Greater Mankato Growth advances business through: existing business support, new business growth, business promotion, talent development, public affairs, community marketing, visitor attraction and servicing and civic engagement. GMG, Inc. also includes three LLCs: Visit Mankato, which focuses on visitor attraction and servicing, the City Center Partnership, LLC, which focuses on development in the City Center and GreenSeam, LLC which fuels the region’s agribusiness strengths in southern Minnesota and northern Iowa.
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, North Mankato, Saint Peter and Blue Earth and Nicollet Counties. 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.
John Considine, 507.385.6640