Community Education program brochures Metro North ABE - Consortium newsletter, Oct. 2018 | Página 6

Listening To What The Data Has to Say Metro North ABE knows the importance of data and how it can help us plan our programming to best serve our community. Nothing tells a story like numbers. And with labor market information, we let the numbers do the talking. At its most basic level, labor market information includes data related to employment and the workforce. All of this information can be found on- line through the Minnesota Depart- ment of Employment and Economic Development (DEED). More specifically, DEED’s Labor Market Information Office collects and distributes information on everything from occupational wages to industry trends to employment projections and more. When this data is combined with population data from the U.S. Census Bureau, the story the numbers can tell really starts to become interesting. Metro North ABE Labor Market Information One of the best things about labor market information, is that it can zoom in on local areas. Checking out DEED’s labor market tools and resources, along with the Census Bureau’s American Fact Finder, one can discover what’s happening in the region covered by Metro North ABE. According to the most recent data from the Census Bureau 2 , approximately 450,400 people live 4 Metro North ABE  Consortium   within the Metro North ABE region, a little over eight percent of Minnesota’s total population. Overall, the region is slightly younger than the state as a whole, with over one-quarter of residents being 17 years of age or younger. Along with the rest of the state and nation, however, the region is becoming older in recent years with the large Baby Boomer gen- eration now between the ages of 54 and 72. Currently, just under 90,000 Baby Boomers live in the Metro North ABE region, making up nearly one-in-five residents. While many older residents in Min- nesota plan to keep working, or look for new work, many more will plan on retiring from the labor mar- ket. This will open up a record number of job vacancies throughout the state and throughout the Metro North ABE region. So where might these job vacancies be in the Metro North ABE region? From DEED’s Quarterly Census of Employment and Wages (QCEW) data, as well as census data, one can discover those industries and occupations that are highly concentrated within the area. What’s at the top? Manufacturing and Health Care and Social Assistance. Out of 20 major industry sectors, just under 30 percent of residents within the Metro North ABE region work _________________________________________ 1 This region includes the following school districts Spring Lake Park, and St. Francis. S 2 2012 – 2016 American Community Survey 5-Year within Manufacturing or Health Care and Social Assistance (see Figure 1). The large share of Metro North ABE residents working in Manufacturing and Healthcare makes sense, as these two industries are highly concentrated within the area. For example, in Fridley, man- ufacturing makes up over 37 per- cent of the city’s total employment. Health Care and Social Assistance accounts for over 14 percent. So to- gether, over half of Fridley’s total jobs are within Manufacturing and Healthcare. Knowing which industries are present in a local area can reveal what occupations are more likely to be in demand. Taking Fridley as an