Healthcare – MSP Sector Analysis 2017 Q3 – TC – December 2017

December 2017

Alarms are sounding 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 is highest among metro healthcare workers with an Associate degree or less. The metro region has nearly double the concentration of many low education, low experience positions compared to the nation.