Finance – MSP Sector Analysis 2017 Q4 – TC – May 2018

May 2018


Increasing Talent Mismatch, Employee Development Critical
The metro is a national hub for finance, and it is in need of clear pathways to leadership roles. Sector employment growth has started to taper off, averaging 1.8% from 2015-2017 with 211,795 employed in finance roles as of Q4 of 2017. Sector unemployment remains low at 2.4%, or about 4,797 unemployed finance workers. The expected average annual rate of employment growth in Finance and Insurance dropped slightly to 0.5% over the next three years, with growing excess of workers for entry-level roles and increasing gaps in managers and senior positions.

 

Finance – MSP Sector Analysis 2017 Q3 – TC – February 2018

February 2018


The metro is a national hub for finance, and it is in need of clear pathways to leadership roles. Sector employment rose an average of 2% annually over three years, compared to 1.5% nationally, with 211,742 employed in finance roles in Q3 of 2017. Sector unemployment remains low at 2.5%, or about 5,178 unemployed finance workers. The Finance and Insurance Industry is expected to grow at a rate of 0.6% annually over the next three years in the metro in the tight labor market, with expected excess in entry-level roles and severe gaps in managers and senior positions.