Minnesotas Talent: The Influence and Impact of Changing - - PowerPoint PPT Presentation

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Minnesotas Talent: The Influence and Impact of Changing - - PowerPoint PPT Presentation

Aug 23, 2023 366 likes •803 views

Minnesotas Talent: The Influence and Impact of Changing Demographics Allison Liuzzi Wilder Research, Minnesota Compass Minnesota is home to one of the highest proportions of adults working in the nation. 80% 79% 79% North Dakota

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Minnesota’s Talent:

The Influence and Impact of Changing Demographics

Allison Liuzzi

Wilder Research, Minnesota Compass

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Minnesota is home to one of the highest proportions of adults working in the nation.

79%

Minnesota

79%

Nebraska

80%

North Dakota

@MNCompass

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Things in Minnesota continue to get better.

Economic output (GDP) Jobs Household income Adults with a bachelor’s degree 4-year college graduation High school graduation Poverty rate Housing cost burden

@MNCompass

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@MNCompass

How are

  • ur communities

changing?

How does this impact how we

foster talent?

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We are getting

  • lder.

@MNCompass

1

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Our older adult population will soon exceed our school- age population

about

2019

@MNCompass

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43 counties

where at least 1 in 5 residents are age 65+

2017

@MNCompass

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59 counties

where at least 1 in 5 residents are age 65+

2020

@MNCompass

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80 counties

where at least 1 in 5 residents are age 65+

2030

@MNCompass

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This is unlike anything we’ve seen before…

85 55 71 67 47 89 282 297 58 38

1950s 1960s 1970s 1980s 1990s 2000s 2010s 2020s 2030s 2040s

Growth in Minnesota's older adult population (65+, in thousands)

@MNCompass

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Our

emerging workforce

is more racially and ethnically diverse than those retiring from the workforce.

@MNCompass

2

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42,000 1.1 million 1.5 million

1960 1970 1980 1990 2000 2010 2017 2020 2030

Minnesota’s populations of color

1%

  • f all

Minnesotans

23%

  • f all

Minnesotans

@MNCompass

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American Indian population

All ages Children and youth (<20)

@MNCompass

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Asian population

All ages Children and youth (<20)

@MNCompass

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Black population

All ages Children and youth (<20)

@MNCompass

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Hispanic population

All ages Children and youth (<20)

@MNCompass

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Population of two or more races

All ages Children and youth (<20)

@MNCompass

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Minnesota needs to remain a desirable destination for

new residents.

@MNCompass

3

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Since 2010, net gain of

82,000

residents due to migration

Net loss of

26,000 residents

to other states Net gain of

108,000 residents

from other countries

@MNCompass

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@MNCompass

Florida Texas Arizona North Dakota

Since 2010, we’ve

LOST

residents to…

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544,000 98,000 113,000 486,000

1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 2017

Minnesota’s foreign-born population

@MNCompass

26%

  • f all

Minnesotans

9%

  • f all

Minnesotans

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5 counties

where at least 1 in 10 residents is foreign-born

@MNCompass

n 10% or more n 5 to 9% n Less than 5% Percent foreign-born by county, 2013-17

Nobles County

20%

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Our foreign-born population is different from the U.S. as whole

Asia

37%

Asia

31%

Latin America

22%

Latin America

50%

Africa

28%

Africa

5% Minnesota U.S. 14% 14%

Europe, Oceania, Canada

@MNCompass

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1 in 6

kids in Minnesota is a child of an immigrant.

@MNCompass

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@MNCompass

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@MNCompass

How are

  • ur communities

changing?

How does this impact how we

foster talent?

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1.8 million 3.4 million 3.4 million

1960 1970 1980 1990 2000 201020172020 2030

Minnesota’s working-age adults (18-64)

@MNCompass

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Through 2030,

  • ur working-age

population is only expected to grow in the Twin Cities.

@MNCompass

  • 3%
  • 12%
  • 6%
  • 5%
  • 10%

7%

  • 4%

Central Northland Northwest Southern Southwest Twin Cities West Central

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3.3 million

jobs in Minnesota in 2026

@MNCompass

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3.4 million

adults age 18-64 in Minnesota in 2026

@MNCompass

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2.7 million

adults age 18-64 working in 2026

@MNCompass

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Where are we expecting to see the greatest need for more workers?

Healthcare Services Computing

Production, trade, and related occupations

@MNCompass

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Older adults will help address our projected workforce shortage

18% of older adults are working.

Today…

208,000 older adults working.

In 2026, that amounts to…

@MNCompass

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2.7 million

adults age 18-64 working in 2026

@MNCompass

2.9 million

adults age 18-64 working in 2026

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Our state remains home to some of the largest racial gaps in employment in the nation

@MNCompass

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58% 57% 34% 37% 39% 18%

Meet state science standards (5th) Meet state math standards (8th) College-ready in math and science

students of color students of color students of color all students all students all students

@MNCompass

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54% 30% 48% 59% 31% 46%

Highly interested in science (4th) Out-of-school science activities (8th) Interested in studying STEM in college

students of color students of color students of color all students all students all students

@MNCompass

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2.9 million

adults age 18-64 working in 2026

@MNCompass

3.0 million

adults age 18-64 working in 2026

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In the coming decades, greater numbers

  • f migrants, both domestic and

international, will be necessary

to meet our state’s workforce needs and to buttress economic activity.

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Employment increases with length of time in the U.S.

59% 69% 77% 79% 79% 73%

Employment equivalent to native-born residents

@MNCompass

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@MNCompass

How are

  • ur communities

changing?

How does this impact how we

foster talent?

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Thanks! And keep in touch…

Sign up for our monthly e-newsletter at www.mncompass.org Follow us on Twitter @MNCompass @AllisonLiuzzi Connect with MN Compass on Facebook allison.liuzzi@wilder.org

@MNCompass