Media

Minnesota Records Most Job Openings In 12 Years

Wednesday, September 4, 2013

Minnesota’s new job numbers show that the second quarter openings reached the highest level in 12 years, with employers reporting more than 72,000 openings — an increase of 15.3 percent from the same period a year ago. Though a growing percentage of those openings are for part-time positions.

Christopher Puto, Ph.D., dean of the Opus College of Business at the University of St. Thomas, told WCCO-TV that companies across the country are using more part-time workers because they are easier to lay off if the recovery sputters.

Sixty-eight percent of the new openings are at midsize companies that have fewer than 250 employees and openings are spread across many fields, ranging from medical to retail. “That shows a pretty broad base of stability and the companies that continue to deliver value are continuing to deliver value and that is why they can continue to hire the extra people,” Puto said.

Originally published: 09/04/2013, WCCO 4 News at 5