Skills Profile for the Twin Cities Metro

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Growing Demand for Skills. Skills are central to the new economy, and a growing share of new jobs require some education beyond high school. Studies show that education is a key driver of regional economic growth.

Education Levels in the Twin Cities Metro, 2010

New Job Growth by Education Level, 2009-2019

Number of Individuals 25 and Older

500,000

Percent Change
15% new jobs (total openings) 10%

400,000 300,000 200,000

5% 100,000 136,081 No HS diploma 420,752 HS diploma 396,940 Some college 162,061 488,867 239,547 0 37,019 (132,960) No HS diploma 38,380 (176,680) HS diploma 9,973 (23,800) Some college 11,553 (25,627) 36,311 (100,584) 9,559 (21,956) 0

Associate's Bachelor's Graduate/ degree professional degree degree

Associate's Bachelor's Graduate/ degree professional degree degree

Output vs. Job Growth. We must align our educational output with the skills demanded by employers. This means looking at where future jobs will be relative to the types of skills and credentials produced today.

Total Annual Graduates by Major, 2010

2. Liberal Arts and Sciences/Liberal Studies 3. Elementary Education and Teaching 4. Registered Nursing/Registered Nurse 5. Psychology, General 6. Curriculum and Instruction 7. Nursing and Patient Care Assistant/Aide

1. Business Administration and Management, General 4148 2579 2414 2151 1404 1371 1182 1110 1101 1069

Top High Growth/High Pay Industries by Number of New Jobs (and Median Salaries), 2009-2019
4

1. Offices of Physicians, $93,028 2. Management & Technical Consulting, $78,728 3. Computer Systems Design and Related Services, $92,092 4. Colleges and Universities, $55,744 6. Outpatient Care Centers, $68,068 7. Building Equipment Contractors, $62,660 8. Other Professional & Technical Services, $47,164 9. Insurance Agencies, Brokerages & Support, $68,640

8,464 (+32.2%) 7,504 (+63.6%) 6,026 (+24.1%) 4,722 (+15.1%) 3,685 (+55.1% ) 2,607 (+16.4% ) 2,581 (+29.8%) 2,429 (+18.0%) 2,302 (+16.1%)

8. Homeland Security, Law Enforcement, Firefighting and Related Protective Services 9. Education, General 10. Educational Leadership and Administration

5. Depository Credit Intermediation, $60,528 3,784 (+15.2%)

Current Vacancies. A lack of skilled workers leads to job vacancies. Delivering the right training can fill these vacancies and help businesses thrive.

10. Medical Equipment and Supplies Mfg, $67,600

Top Job Vacancies Requiring Postsecondary Education (and Vacancy Rates), 4th Quarter 2011
1. Registered Nurses 2. Hairdressers, Hairstylists, and Cosmetologists 3. Nursing Assistants 4. Accountants and Auditors 5. Computer Systems Analysts 6. Massage Therapists 7. Management Analysts 8. Software Developers, Applications 9. Teacher Assistants 10. Production, Planning, and Expediting Clerks

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698 (N/A) 605 (9.3%) 512 (N/A) 495 (3.1%) 477 (4.2%) 452 (3.7%) 416 (5.1%) 327 (2.7%) 318 (2.1%) 290 (11.6%)

www.skillsatwork.org
All figures are for the Twin Cities Metro Planning Region
American Community Survey 5-Year Estimates, 2006-2010 MN DEED Long-Term Projections, 2009-2019 3 Integrated Postsecondary Educational Data System, 2010 4 MN DEED Long-Term Projections, 2009-2019 5 MN DEED Job Vacancy Survey, 4Q 2011. Vacany rate is defined as the percentage of job vacancies relative to all filled jobs in the occupation.
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