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Manufacturing leads Employment Growth
Mankato, MINN (June 15, 2017) – The Minnesota Department of Employment and Economic Development released the May 2017 employment figures today. The Mankato – North Mankato Metropolitan Statistical Area (MSA) saw a gain of 438 jobs or 0.8% year over year in the month of May.
This ends seven months of stagnant job growth. In October of 2016, employment dipped and had remained on a flat trajectory due to available labor force and realignment of employment among industries. Retail had dipped recently due to national buying patterns and local manufacturing has surged with the ability to implement growth strategies.
Employment has declined from April to May in both 2015 and 2016. However, in 2017 it showed an uptick of 0.2% primarily due to manufacturing. This is the fourth straight month of manufacturing job growth in the MSA, ranging from 2.1% to 2.8%.
Private service providing occupations stayed flat. Government jobs rose by 2.4% or 252 jobs. The total net for all service providing jobs (private and public) grew by 0.5% or 235 jobs.