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This event focuses on preparing for Minnesota's changing economy by discussing the importance of education, productivity, worker health, research, innovation, and infrastructure. It also highlights the need to prioritize equity in education to ensure that no worker or entrepreneur is left behind.
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Laura Kalambokidis Schools for Equity in Education April 24, 2015Minneapolis, MN Preparing for Minnesota’s Changing Economy MINNESOTA MANAGEMENT & BUDGET MMB.STATE.MN.US
Minnesota’s diverse industry profile mirrors U.S. Percent of Total Non-Farm Employment by Sector (2013) Source: MN Department of Employment and Economic Development (DEED)
Minnesota’s economic expansion continues Source: Minnesota Department of Employment and Economic Development (DEED)
Minnesota’s low unemployment neighborhood State unemployment rates Seasonally adjusted, February 2015 5th lowest among U.S. states (February 2015) 2.9 3.7 3.4 4.1 2.7 Source: U.S. Bureau of Labor Statistics
Some groups still face high unemployment 11.4% 12.4 7.2% 5.1 3.4% 3.1
Many part-time workers want full time work Officially unemployed + marginally attached + discouraged + part-time under-employed Officially unemployed
Leadership choices will affect future economic performance • Productivitymatters • Worker health • Education • Research, innovation • Infrastructure • Leave no worker behind • Leave no entrepreneur behind