Here’s some good news out of Minnesota: the state’s Department of Employment and Economic Development reports 15,600 jobs were added in January, the largest one-month gain in state employment since April 2005. The unemployment rate in Minnesota fell to 7.3 percent from 7.4 percent in January, which is well below the national rate of 9.7 percent. “We’re [...]
Continue reading...Thursday, November 19, 2009
In what may be an early sign of a rebounding job market, Minnesota companies added 2200 jobs in the month of October. Significantly, professional and business service jobs and temp jobs ticked up sharply. Temp jobs are often an leading indicator as companies test the waters with temp hires and October was the [...]
Continue reading...Friday, October 16, 2009
Minnesota experienced a .7% reduction in its jobless rate last month, falling from 8% to 7.3%. On the surface, this looks like good news for the state, but the state also lost 7,900 jobs in the same time period. The apparently contradictory numbers result from different methodologies used to compute the statistics. [...]
Continue reading...Sunday, October 4, 2009
Blue Cross and Blue Shield of Minnesota laid off 100 workers during the past week. Based in Eagan, the health insurance company claimed flat customer enrollment levels, resulting from the recession, were to blame. Layoffs affected mostly the information technology and operations business unites. Of the company’s 4,000 employees, around 300 have been laid off this [...]
Continue reading...Monday, August 17, 2009
Automotive manufacturer New Flyer Industries will cut 13% of its workforce in the US and Canada, and shut down some plants. The bus maker will cut its unionized workforce by 270 positions, and its salaried workforce by 50 positions. The firm says an order for 140 diesel-electric hybrid articulated buses was delayed indefinitely by the customer. New [...]
Continue reading...Tuesday, August 11, 2009
Retail chain Target has launched a $100 million distribution center in Newton, North Carolina that has created 500 local jobs. The area had a 15.5% unemployment rate in June. More than 14,000 people applied for the 500 positions. The distribution center serves 80 Target stores in North and South Carolina and neighboring states. Newton is a city located [...]
Continue reading...Sunday, July 19, 2009
Illinois’ Stock Yards Meat Packing will consolidate, cutting 75 jobs in St. Paul, Minnesota. Some workers will be allowed to relocate to the firm’s Plymouth plant; the rest will be laid off. The St. Paul plant currently employs 125. The workers’ union, United Food and Commercial Workers Local 789, says no details about the restructuring have been [...]
Continue reading...Friday, July 17, 2009
MTS Systems, which cut 150 jobs in February, announced this week it will cut 65 more positions. More job losses are scheduled for Q4 2009. MTS Systems Corporation (NASDAQ: MTSC) is a testing and sensing solutions company located in Eden Prairie, Minnesota. It is a leading provider of mechanical test systems, material testing, fatigue testing and tensile [...]
Continue reading...Wednesday, July 15, 2009
Eden Prairie, Minnesota-based Digital River will cut 120 jobs globally as it outsources its customer service operations. The company has about 1,335 employees. Founded in 1994, Digital River is an e-commerce outsourcing company whose clientele is largely software publishers. The company is the leading provider of software delivery over the Internet. Its largest client is Symantec. Other [...]
Continue reading...Tuesday, July 14, 2009
Bayport, Minnesota’s Andersen is cutting 250 management and office staff positions. More than half the cuts target the corporate headquarters. Some of the jobs will be vacated through an early-retirement program, and others are already vacant. Andersen also closed its plant in Fall River, Massachusetts, putting 287 workers on the street. Andersen Corporation is a major manufacturer of [...]
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Tuesday, March 2, 2010
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