5.0. EDSR 07-12-2004 - Laserfiche WebLink

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,1 0 x r 5 4Wn i - � mimpir .%711401# _ • • 6 iff r _ Region 7W Central Minnesot- June 2004 Central Minnesota: Leading the Way Economic Development Region 7W- Figure 2. Job Vacancies and Unemployment in made up of Benton, Sherburne, Stearns, and the Central Minnesota Planning Region* Wright Counties in the Central Minnesota 25,000- Planning Region - is one of the fastest- growing regions in the state and nation. o. a 20,000- Many residents are within driving distance of o both the Twin Cities MSA and the St. Cloud 15,000 MSA, providing explosive demographic growth, ample employment opportunities, 10,000 • and rapidly rising incomes. Figure 1. Central Minnesota Laborshed: Share of R 5,000 Working Residents Commuting to St. Cloud, 2000 0 0 i i i CV N CV N CV O C C M CCV CV C O CV as Na Va CN d Na V Job Vacancies -Unemployed Source:DEED, Labor Market Information Office. -■ Job Vacancy Survey. Online at www.deed.state.mn.us/ -, I Imi/tools/jobvacancy/ *Note: The most detailed geography for which Job %of MCD Residents Commuting to StCloud Vacancy data are produced is Planning Region. The 1Central. Planning Region includes Economic Develop- J11111111111,11111 evelop- ■■, 111 1 01 01-12 2.56% ment Regions 6E, 7E, and 7W. �.■ 1263-40.61%% -25.83-40.21While the state suffered through a recession ;,,�`� aar4021% ed more than 45,000 jobs, * St C that destrothe Cloud four counties in Region 7W added close to �7� t6,000 jobs. At the same time, job vacancies , -wil` have declined during the last three years, :111111111.1111.1111\ while regional unemployment has increased ■■■■■■-` as a result of in-migration. (See Figure 2.) Source: U.S. Census Bureau. 2000 Minor Civil Division Worker Flow Files. Online at www.census.gov p SI y wE o�omi��.,,00m:M rnnesetc Labor Market Information Office, Regional Analysis & Outreach