Manufacturing – MSP Sector Analysis 2018 Q1 – TC – June 2018
Multiple career pathways are needed in Manufacturing in Minneapolis-Saint Paul. Over 25% of workers in the industry are over 55 years of age, and the majority of workers identify as white male. The industry has grown more than anticipated; employment in manufacturing roles rose an average of 1.7% each year since 2014, compared to 1.3% nationally. Sector unemployment sits at about 4.2%, due in large part to less than one jobseeker per vacancy and record manufacturing vacancies (6,871) through Q4 of 2017. With 63,800 manufacturing positions open by 2020, employers should train workers and increase automation.