News Release Information
12-1191-CHI
Friday, June 22, 2012
Contacts
Technical information:
- (312) 353-1880
- BLSInfoChicago@bls.gov
- www.bls.gov/ro5
Media contact:
- (312) 353-1138
Occupational Employment and Wages in Minneapolis-St. Paul-Bloomington, Minn.-Wis. MSA – May 2011
Workers in the Minneapolis-St. Paul-Bloomington Metropolitan Statistical Area had an average (mean) hourly wage of $23.93 in May 2011, about 10 percent above the nationwide average of $21.74, the U.S. Bureau of Labor Statistics reported today. Regional Commissioner Charlene Peiffer noted that, after testing for statistical significance, wages in the local area were significantly higher than their respective national averages in 11 of the 22 major occupational groups, including construction and extraction; healthcare practitioners and technical; and sales and related. Three groups had significantly lower wages than their respective national averages: architecture and engineering; arts, design, entertainment, sports, and media; and business and financial operations.
When compared to the nationwide distribution, local employment was more highly concentrated in 8 of the 22 occupational groups, including business and financial operations; management; and computer and mathematical occupations. Conversely, 10 groups had employment shares significantly below their national representation, including construction and extraction; transportation and material moving; and installation, maintenance, and repair. (See table A and box note at end of release.)
Major occupational group | Percent of total employment | Mean hourly wage | |||
---|---|---|---|---|---|
United States | Minneapolis | United States | Minneapolis | Percent difference (1) | |
Total, all occupations |
100.0% | 100.0% | $21.74 | $23.93* | 10 |
Management |
4.8 | 6.6* | 51.64 | 53.81* | 4 |
Business and financial operations |
4.8 | 6.7* | 33.05 | 32.05* | -3 |
Computer and mathematical |
2.7 | 4.0* | 37.85 | 37.44 | -1 |
Architecture and engineering |
1.8 | 2.1* | 37.08 | 35.49* | -4 |
Life, physical, and social science |
0.8 | 0.9 | 32.44 | 33.33 | 3 |
Community and social services |
1.5 | 1.7* | 21.07 | 21.85 | 4 |
Legal |
0.8 | 0.8 | 47.30 | 47.36 | <(3) |
Education, training, and library |
6.6 | 5.8* | 24.46 | 24.49 | (3) |
Arts, design, entertainment, sports, and media |
1.3 | 1.7* | 25.89 | 24.61* | -5 |
Healthcare practitioner and technical |
5.9 | 5.2* | 34.97 | 38.68* | 11 |
Healthcare support |
3.1 | 2.9* | 13.16 | 14.33* | 9 |
Protective service |
2.5 | 1.7* | 20.54 | 20.68 | 1 |
Food preparation and serving related |
8.7 | 8.0* | 10.30 | 10.33 | (3) |
Building and grounds cleaning and maintenance |
3.3 | 2.8* | 12.29 | 13.24* | 8 |
Personal care and service |
2.8 | 3.9* | 11.84 | 12.16* | 3 |
Sales and related |
10.6 | 10.7 | 18.04 | 20.43* | 13 |
Office and administrative support |
16.7 | 15.9* | 16.40 | 17.73* | 8 |
Farming, fishing, and forestry |
0.3 | (2) | 11.68 | 12.33 | 6 |
Construction and extraction |
3.9 | 2.6* | 21.46 | 26.87* | 25 |
Installation, maintenance, and repair |
3.9 | 3.0* | 20.86 | 22.69* | 9 |
Production |
6.5 | 7.2* | 16.45 | 17.47* | 6 |
Transportation and material moving |
6.7 | 5.7* | 15.96 | 17.34* | 9 |
Footnotes: |
One occupational group—business and financial operations—was chosen to illustrate the diversity of data available for any of the 22 major occupational categories. Minneapolis-St. Paul-Bloomington had 115,430 jobs in business and financial operations, accounting for 6.7 percent of local area employment, significantly higher than the 4.8-percent share nationally. The average hourly wage for this occupational group locally was $32.05, measurably below the national wage of $33.05.
With employment of 17,180, accountants and auditors was one of the largest occupations within the business and financial operations group, as were management analysts (9,000) and market research analysts and marketing specialists (7,970). Among the higher paying jobs were management analysts and financial examiners, with mean hourly wages of $42.49 and $37.85, respectively. At the lower end of the wage scale were tax preparers ($19.37) and credit counselors ($19.43). (Detailed occupational data for business and financial operations are presented in table 1; for a complete listing of detailed occupations available go to www.bls.gov/oes/current/oes_33460.htm)
Location quotients allow for the exploration of an area’s occupational make-up by comparing the composition of jobs in an area relative to the national average. (See table 1.) For example, a location quotient of 2.0 indicates that an occupation accounts for twice the share of employment in the area than it does nationally. In the Minneapolis-St. Paul-Bloomington Metropolitan Statistical Area, above average concentrations of employment were found in some of the occupations within the business and financial operations group. For instance, market research analysts and marketing specialists were employed at 1.9 times the national rate in Minneapolis, and financial analysts, at 1.5 times the U.S. average. On the other hand, cost estimators had a location quotient of 1.0 in Minneapolis, indicating that this particular occupation’s local and national employment shares were similar.
These statistics are from the Occupational Employment Statistics (OES) survey, a federal-state cooperative program between BLS and State Workforce Agencies, in this case, the Minnesota Department of Employment & Economic Development. The OES survey provides estimates of employment and hourly and annual wages for wage and salary workers in 22 major occupational groups and nearly 800 detailed occupations for the nation, states, metropolitan statistical areas, metropolitan divisions, and nonmetropolitan areas.
OES wage and employment data for the 22 major occupational groups in the Minneapolis Metropolitan Statistical Area were compared to their respective national averages based on statistical significance testing. Only those occupations with wages or employment shares above or below the national wage or share after testing for significance at the 90-percent confidence level meet the criteria.
NOTE: A value that is statistically different from another does not necessarily mean that the difference has economic or practical significance. Statistical significance is concerned with the ability to make confident statements about a universe based on a sample. It is entirely possible that a large difference between two values is not significantly different statistically, while a small difference is, since both the size and heterogeneity of the sample affect the relative error of the data being tested.
Technical Note
The Occupational Employment Statistics (OES) survey is a semiannual mail survey measuring occupational employment and wage rates for wage and salary workers in nonfarm establishments in the United States. Guam, Puerto Rico, and the Virgin Islands also are surveyed, but their data are not included in this release. OES estimates are constructed from a sample of about 1.2 million establishments. Forms are mailed to approximately 200,000 establishments in May and November of each year for a 3-year period. The nationwide response rate for the May 2011 survey was 77.3 percent based on establishments and 73.3 percent based on employment. May 2011 estimates are based on responses from six semiannual panels collected over a 3-year period: May 2011, November 2010, May 2010, November 2009, May 2009, and November 2008. The sample in the Minneapolis-St. Paul-Bloomington Metropolitan Statistical Area included 8,751 establishments with a response rate of 75 percent. For more information about OES concepts and methodology, go to www.bls.gov/news.release/ocwage.tn.htm.
The May 2011 OES estimates mark the first set of estimates based in part on data collected using the 2010 Standard Occupational Classification (SOC) system. Nearly all the occupations in this release are 2010 SOC occupations; however, some are not. The May 2012 OES data will reflect the full set of detailed occupations in the 2010 SOC. For a list of all occupations, including 2010 SOC occupations, and how data collected on two structures were combined, see the OES Frequently Asked Questions online at www.bls.gov/oes/oes_ques.htm#Ques41.
Area definitions
The substate area data published in this release reflect the standards and definitions established by the U.S. Office of Management and Budget.
The Minneapolis-St. Paul-Bloomington, Minn. Metropolitan Statistical Area  includes Anoka, Carver, Chisago, Dakota, Hennepin, Isanti, Ramsey, Scott, Sherburne, Washington, and Wright Counties of Minnesota, and Pierce and St. Croix Counties of Wisconsin.
Additional information
OES data are available on our regional web page at www.bls.gov/ro5/home.htm. If you have additional questions, contact the Chicago Economic Analysis and Information Unit at (312) 353-1880. Information in this release will be made available to sensory impaired individuals upon request. Voice phone: 202-691-5200; TDD message referral phone number: 1-800-877-8339.
Occupation (1) | Employment | Mean wages | ||
---|---|---|---|---|
Level (2) | Location quotient (3) | Hourly | Annual(4) | |
Business and Financial Operations Occupations | 115,430 | 1.4 | $32.05 | $66,660 |
Agents and Business Managers of Artists, Performers, and Athletes | 160 | 1.0 | (5) | (5) |
Buyers and Purchasing Agents, Farm Products | 220 | 1.6 | 34.89 | 72,570 |
Wholesale and Retail Buyers, Except Farm Products | 2,190 | 1.6 | 31.13 | 64,750 |
Purchasing Agents, Except Wholesale, Retail, and Farm Products | 4,300 | 1.2 | 29.47 | 61,290 |
Claims Adjusters, Examiners, and Investigators | 3,770 | 1.1 | 28.40 | 59,080 |
Insurance Appraisers, Auto Damage | 80 | 0.6 | 28.99 | 60,290 |
Compliance Officers | 3,090 | 1.1 | 32.76 | 68,140 |
Cost Estimators | 2,600 | 1.0 | 30.32 | 63,070 |
Human Resources, Training, and Labor Relations Specialists, All Other | 7,870 | 1.4 | 29.55 | 61,460 |
Logisticians | 1,700 | 1.1 | 35.88 | 74,640 |
Management Analysts | 9,000 | 1.3 | 42.49 | 88,380 |
Meeting, Convention, and Event Planners | 1,030 | 1.2 | 24.44 | 50,830 |
Compensation, Benefits, and Job Analysis Specialists | 1,610 | 1.3 | 31.50 | 65,520 |
Training and Development Specialists | 3,470 | 1.3 | 30.35 | 63,130 |
Market Research Analysts and Marketing Specialists | 7,970 | 1.9 | 33.55 | 69,780 |
Business Operations Specialists, All Other | 26,240 | 2.0 | 29.64 | 61,650 |
Accountants and Auditors | 17,180 | 1.2 | 31.31 | 65,130 |
Appraisers and Assessors of Real Estate | 1,400 | 1.7 | 27.05 | 56,270 |
Budget Analysts | 400 | 0.5 | 35.49 | 73,810 |
Credit Analysts | 1,230 | 1.6 | 30.45 | 63,340 |
Financial Analysts | 4,510 | 1.5 | 37.34 | 77,670 |
Personal Financial Advisors | (5) | (5) | 37.30 | 77,590 |
Insurance Underwriters | 1,570 | 1.3 | 30.35 | 63,130 |
Financial Examiners | 680 | 1.8 | 37.85 | 78,740 |
Credit Counselors | 470 | 1.2 | 19.43 | 40,420 |
Loan Officers | 4,950 | 1.3 | 35.11 | 73,030 |
Tax Preparers | 830 | 1.1 | 19.37 | 40,300 |
Financial Specialists, All Other | 2,970 | 1.5 | 31.14 | 64,780 |
Footnotes: |
Last Modified Date: June 22, 2012