The most recent monthly jobs report shows the non-seasonally adjusted Minneapolis unemployment rate for June was 3.7 percent, up 0.6 percentage points from the month prior, according to Minnesota Employment and Economic Development. On a seasonally adjusted basis, Minneapolis added 1,200 jobs during the reporting period.
Statewide, the seasonally adjusted unemployment rate held steady at 3.8 percent in June. Month over month, the state added 7,300 seasonally adjusted jobs.
What do these numbers mean for area employers trying to staff Minneapolis jobs?
Robert Half District President James Kwapick notes that the rise in Minneapolis’ unemployment rate can present challenges for hiring managers. “There’s been an influx of candidates in the market,” he says, “meaning that hiring can take up more time and resources,” he says.
Kwapick suggests employers meet this challenge by encouraging their departments to work together as part of the hiring process. “Fostering collaboration between human resources and relevant departments can save time and result in a more effective hiring process,” Kwapick says. “Additionally, having everyone on the same page in regards to what qualifications candidates need can lessen the chances of making a bad hire,” he adds.
Kwapick also encourages area employers to know what they’re looking for before they begin hiring. “Craft a job description that clearly states the skills and experience the position requires,” he says. That will better ensure you attract the talent you want, rather than a flood of underqualified applicants. Next, pay careful attention to the resume review process. “Come up with a system to make vetting the applications efficient and effective,” he advises. “If you learn how to hone in on important keywords or spot red flags quickly, you’ll save yourself a great deal of time and effort.”
Has the Minneapolis jobs market created hiring challenges for your organization? Contact your local Robert Half recruiter for assistance. Call (844) 823-6469.