hvrORNIATION bIOJNI
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<br /> Region 7W ; Central JV►�nnesota x, June 2004:
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<br /> Central Minnesota: Leading the Way
<br /> Economic Development Region 7W- Figure 2. Job Vacancies and Unemployment in
<br /> made up of Benton, Sherburne, Stearns, and the Central Minnesota Planning Region”
<br /> Wright Counties in the Central Minnesota ‘2 25,000 ,
<br /> Planning Region - is one of the fastest- a
<br /> growing regions in the state and nation. ; 20,000 -
<br /> Many residents are within driving distance of o _
<br /> both the Twin Cities MSA and the St. Cloud 115,000
<br /> MSA, providing explosive demographic
<br /> growth, ample employment opportunities, A 10,000
<br /> and rapidly rising incomes.
<br /> Figure 1. Central Minnesota Laborshed: Share of A 5,000 l Ili �
<br /> Working Residents Commuting to St. Cloud, 2000
<br /> o I I ■0 ii NN 0 0 N N 0
<br /> V Q a Q Q Q a a
<br /> to I 1PPfr
<br /> Job Vacancies —unemployed
<br /> Source: DEED, Labor Market Information Office.
<br /> Jcb Vacancy Survey. Online at www.deed.state.mn.us/
<br /> Imi/tools/jobvacancy/
<br /> �� *Note: The most detailed geography for which Job
<br /> of MCI%Residents Vacancy data are produced is Planning Region. The
<br /> S Commuting Cloud Central Planning Region includes Economic Develop-
<br /> t0""°"" ment Regions 6E 7E, and 7W.
<br /> 10 -1256%
<br /> ' S' :Sez While the state suffered through a recession
<br /> zse-,oz,p
<br /> MN Over<021% that destroyed more than 45,000 jobs, the
<br /> * Si Cloud four counties in Region 7W added close to
<br /> 6,000 jobs. At the same time, job vacancies
<br /> have declined during the last three years,
<br /> O.& while regional unemployment has increased
<br /> as a result of in-migration. (See Figure 2.)
<br /> Source: U.S. Census Bureau. 2000 Minor Civil Division
<br /> Worker Flow Files Online at www census gov ,
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<br /> 11vi%FS t f Labor Market Information Office,Regional Analysis&Outreach
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