Minnesota Q2, 2019 Employment Statistics

  • 182,448 employers, up 4.5% from 174,595
  • 2,918,870 employees, up 0.8% from 2,895,314
  • $1,101 average weekly wage, up 2.6% from $1,073
  • The average weekly wage is 0.5% above the national average
  • The cost of living is 1.6% above the national average

Employer & Employee Growth

In the last year, the number of employers in the state increased by 7,853, which is an increase of 4.5%. The number of employees in Minnesota increased by 23,557, an increase of 0.8%. During this same period, the average weekly wage increased by $28, an increase of 2.6%.

The number of private employers increased since last years' Q1. The number of private businesses increased by 7,905 or 4.7%. Growth in private businesses in Minnesota grew faster than the national average of 2.9%. The number of employees in these businesses increased since last years' Q1, increasing by 21,007 or 0.8%. The growth in employees of private businesses in Minnesota was slower than the national average of 1.4%.

The average weekly wage of employees of private businesses increased since last years' Q1. The averge weekly wage increased by $31 or 2.9%. Growth in average weekly wage of employees of private businesses in Minnesota grew slower than the national average of 3.8%.


Leading Sectors

Businesses by Sector

The sector with the greatest number of businesses in the state is Professional services with 12.8% of the businesses in the state. The number of businesses in this sector increased by 6.3%. Retail trade (10.2%), which increased by 0.2% and Healthcare (10.1%), which increased by 12.4%, round out the 3 largest sectors.

Table: Sectors by Year-over-Year Qtly Business Change %
SectorChange Biz% Change
Healthcare2,03212.4%
Company management1258.5%
Information3258.3%
Waste services6267.6%
Professional services1,3826.3%
Transport and warehousing2825.9%
Wholesale trade7655.7%
Arts and entertainment1544.8%
Educational services1174.6%
Other services7524.4%
Construction6774.1%
Accommodation and food services3643.0%
Real estate and rental1873.0%
Mining and oil extraction62.8%
Utilities82.0%
Agriculture and forestry411.4%
Finance and insurance1111.2%
Retail trade300.2%
Manufacturing-79-0.9%


Employees by Sector

The sector with the greatest number of employees in the state is Healthcare with 16.4% of the employees in the state, had an increase in employees of 0.9% in the last year. Manufacturing (11.1%), increased by 0.9% and Retail trade (10.0%), decreased by 1.7%, round out the top 3 sectors.

Table: Sectors by Year-over-Year Qtly Employee Change %
SectorEmployee Change% Change
Company management8,47610.5%
Construction7,3376.1%
Arts and entertainment1,4993.4%
Finance and insurance4,3813.1%
Agriculture and forestry5672.6%
Transport and warehousing1,8032.1%
Other services1,3771.5%
Waste services1,3861.1%
Real estate and rental3491.0%
Manufacturing2,8840.9%
Healthcare4,0750.9%
Accommodation and food services1,7860.8%
Mining and oil extraction170.3%
Retail trade-5,225-1.7%
Wholesale trade-2,616-2.0%
Educational services-1,090-2.0%
Professional services-3,327-2.1%
Utilities-327-2.6%
Information-2,346-4.8%


Average Weekly Wage by Sector

The sector that pays their employees the highest is Company management paying $2,565per week compared with the state average of $1,101. Weekly wages in this sector rose by $110 or 4.5%. Utilities ($2,070), rose by $100 or 5.1% and Finance and insurance ($1,776) increased by $5 or 0.3% round out the 3 largest sectors.

Table: Sectors by Year-over-Year Weekly Wage Change %
SectorWage ChangeChange %
Information$1067.4%
Real estate and rental$505.3%
Utilities$1005.1%
Accommodation and food services$184.9%
Other services$304.7%
Company management$1104.5%
Construction$524.2%
Transport and warehousing$373.8%
Waste services$273.5%
Retail trade$162.7%
Healthcare$242.5%
Educational services$192.4%
Agriculture and forestry$152.1%
Wholesale trade$281.9%
Manufacturing$131.0%
Professional services$160.9%
Arts and entertainment$20.3%
Finance and insurance$50.3%
Mining and oil extraction$-18-1.1%


Leading Industries

Businesses by Industry

Each broad sector is made up of specific industries. In Minnesota. the industry with the most businesses is Restaurants and other eating places with 4.9% of the businesses in the state (with 8,876 employing 177,405 workers). The Restaurants and other eating places industry had 305 more businesses, an increase of 3.6% in the last year. Computer systems design and related services (3.4% of businesses) added 503 businesses, an increase of 8.7% and Private households (2.9% of businesses) added 743 businesses, an increase of 16.3% round out the 3 industries with the most businesses.

Table: Top 7 Industries by Business Change %
IndustryBusiness Chg% Change
Credit card issuing583.3%
Services for the elderly and disabled1,73568.1%
Securities and commodity exchanges866.7%
Trusts estates and agency accounts1758.6%
Amusement arcades642.9%
Postal service433.3%
Amusement and theme parks430.8%


Table: Top 7 Industries by Business Change #
IndustryBusiness Chg% Change
Services for the elderly and disabled1,73568.1%
Private households74316.3%
Computer systems design and related services5038.7%
Restaurants and other eating places3053.6%
Management consulting services30312.6%
Residential building construction2978.4%
Plumbing and hvac contractors16510.0%


Employees by Industry

Computer systems design and related services (3.4% of employees) added 503 employees, an increase of 8.7% and Private households (2.9% ofemployees) added 743 employees, an increase of 16.3% round out the 3 industries with the most employees.

Table: Top 7 Industries by Employee Change %
IndustryEmp Chg% Change
Securities and commodity exchanges41335.0%
Postal service127287.9%
Audio and video equipment manufacturing13681.2%
Scenic and sightseeing transportation water4870.0%
Turkey production53865.2%
Cookie cracker and pasta manufacturing16254.4%
Local messengers and local delivery1,18153.5%


Table: Top 7 Industries by Employee Change #
IndustryEmp Chg% Change
Management of companies and enterprises8,47610.5%
Services for the elderly and disabled4,1149.2%
Commercial banking3,3967.5%
Direct life and health insurance carriers2,93411.4%
General medical and surgical hospitals1,6201.5%
Temporary help services1,5212.8%
Plumbing and hvac contractors1,4948.3%


Average Weekly Wage by Industry

The industry that pays their employees the most is Miscellaneous intermediation, paying $4,996 compared with the state average of $1,101. Employees in the Miscellaneous intermediation industry were paid $273 more per week, an increase of 5.8% in the last year. Office equipment rental and leasing ($3,355) and Coal and other mineral merchant wholesalers ($3,344) round out the top 3 industries. Employees in the Office equipment rental and leasing ($3,355 per week) were paid $985 more per week, an increase of 41.6% and Coal and other mineral merchant wholesalers ($3,344 per week) were paid $1,671 more per week, an increase of 99.9% round out the 3 industries that pay their employees the most.

Table: Top 7 Industries by Wage Change %
IndustryWkly Chg% Change
Coal and other mineral merchant wholesalers$1,67199.9%
Mattress manufacturing$1,31164.9%
All other schools and instruction$19045.2%
Copper nickel lead and zinc mining$83044.6%
Office equipment rental and leasing$98541.6%
Lessors of nonresidential buildings$35037.4%
Audio and video equipment manufacturing$30832.0%


Table: Top 7 Industries by Wage Change $
IndustryWkly Chg% Change
Coal and other mineral merchant wholesalers$1,67199.9%
Mattress manufacturing$1,31164.9%
Office equipment rental and leasing$98541.6%
Copper nickel lead and zinc mining$83044.6%
Credit bureaus$48528.2%
Druggists' goods merchant wholesalers$41917.4%
Directory and mailing list publishers$39228.6%


Company Size

Minnesota Businesses by Size

The solopreneur company, has the most businesses in Minnesota by far. 62.6% of all businesses in the state have fewer than 5 employees. The 165,000 small businesses in the state represent 95.0% of all private businesses. The national average is 92.4%. (Small businesses have fewer than 50 employees, Solopreneurs employ fewer than 5.) Minnesota added 8,557 businesses in the last year, an increase of 5.2% as compared to the national average of 3.0%.

Small businesses are defined as companies with fewer than 50 employees. These small businesses added 8,519 businesses in the last year, which is an increase of 5.4% as compared to the national average of 3.1%.

Mid-sized businesses are defined as companies with between 50 and 499 employees. These mid-sized businesses added 27 businesses in the last year, which is an increase of 0.3% as compared to the national average of 1.3%.

Large businesses are defined as companies with more than 500 employees. These large businesses added 11 businesses in the last year, which is an increase of 2.8% as compared to the national average of 2.1%.



Minnesota Employees by Business Size

Minnesota added 55,349 employees in the last year, an increase of 2.3% as compared to the national average of 5.2%. Small businesses are defined as companies with fewer than 50 employees. These small businesses added 1,060 businesses in the last year, which is an increase of 0.6% as compared to the national average of 4.2%.

Mid-sized businesses are defined as companies with between 50 and 499 employees. Mid-sized businesses added 26,691 employees in the last year, which is an increase of 2.8% as compared to the national average of 4.7%.

Large businesses are defined as companies with more than 500 employees. Large businesses added 27,598 employees in the last year, which is an increase of 5.9% as compared to the national average of 9.2%.

Minnesota Avg Weekly Wages by Business Size

The smallest companies in Minnesota (those with fewer than 5 employees) pay workers 5.4% more than the national average ($1,062 per week as compared to the national average of $1,005 per week). The largest companies in Minnesota (those with more than 1,000 employees) pay 8.1% workers above the national average ($2,081 per week as compared to the national average of $1,913 per week).

Average weekly wages in small businesses added $115 per week in the last year, which is an increase of 3.2% as compared to the national average of 3.1%. Employees of mid-sized businesses added $72 in wages per week in the last year, which is an increase of 2.1% as compared to the national average of 1.3%.

Employees of large businesses added $47 of weekly wages in the last year, which is an increase of 1.3% as compared to the national average of 2.1%.

Top Industries for Business and Employment

The table below illustrates the largest industries in the state, by number of businesses:

Table: Top 10 Industries by # of Businesses
Industry# Businesses% Change
Restaurants and other eating places8,8763.6%
Computer systems design and related services6,2728.7%
Private households5,29816.3%
Services for the elderly and disabled4,28268.1%
Residential building construction3,8178.4%
Insurance agencies and brokerages3,2270.3%
All other professional and technical services2,8221.6%
Management consulting services2,70012.6%
Accounting and bookkeeping services2,2562.4%
Offices of lawyers2,2361.8%


The table below illustrates the largest industries in the state, by number of employees:

Table: Top 10 Industries by # of Employees
Industry# Employees% Change
Restaurants and other eating places177,4050.8%
General medical and surgical hospitals112,2491.5%
Management of companies and enterprises89,36210.5%
Offices of physicians73,257-0.2%
Temporary help services55,2652.8%
Commercial banking48,9527.5%
Services for the elderly and disabled48,9039.2%
Supermarkets and other grocery stores46,9430.5%
Nursing care facilities skilled nursing42,722-0.1%
Computer systems design and related services36,331-2.0%


The table below illustrates the largest industries in the state, by highest wages:

Table: Top 10 Industries by Weekly Wage
IndustryWkly Wages% Change
Miscellaneous intermediation$4,9965.8%
Office equipment rental and leasing$3,35541.6%
Coal and other mineral merchant wholesalers$3,34499.9%
Mattress manufacturing$3,33264.9%
Spectator sports$3,119-0.1%
Portfolio management$3,0468.9%
Reinsurance carriers$2,959-9.1%
Petroleum refineries$2,9280.0%
Commodity contracts dealing$2,9118.3%
Credit card issuing$2,9116.7%




Data Sources




About the Writer

This page was created and is maintained by Kurt Tietjen, Founder of Stavera, High Peak Media & HomeGearWorks.com. Kurt is an executive, data scientist and software engineer who holds an MBA in Management Information Systems. In 2010, he partnered with scientists at Northwestern University to launch The Street Wire. This was one of the first mainstream uses of what would become “Narrative Science”, an artificial intelligence platform specializing in natural language generation. You can contact Kurt on LinkedIn here.