Healthcare – MSP Sector Analysis 2017 Q4 – TC – April 2018
December 2017
Alarms continue to ring out for the 7-county Minneapolis-Saint Paul metro area’s healthcare sector, poised to see a shortage of over 4,000 healthcare professionals by 2020 if the market continues to be constrained by the labor shortage, or an estimated 8,500 shortfall by 2020 in an unconstrained, growing economy matching historic trends. Unemployment continues to be highest among entry-level workers in assistant, aide, and direct support roles that require a certificate, high school diploma, or less. Demand for registered and licensed nurses, technicians, and technologists is high and expected to climb.