Once there were many kinds of mills in the city like mills for cotton, wool, and paper it was even called “Mill City” but the most abundant jobs in Minneapolis were in the timber and flour milling industry in the early days.
In 1856 Minneapolis started as a town growing up around Fort Snelling of the U.S. Army and it became a city in 1867 when the railways reached the area. The economic growth and history of Minneapolis is closely tied to the waters in the area as all sorts of mills used water to power their machines and hydropower is much used to generate electricity in the area. Grain from the Great Plains region was transported by rail to the 34 flour mills in the city where the processors included current large flour companies like General Mills and Pillsbury. In the early 20th century Minneapolis produced 10 percent of all the flour and grist in the U.S. The flour industry was the single biggest provider of jobs in Minneapolis even into the 1960’s. In the 1950’s and 1960’s as much as 40 percent of the city was demolished to make way for urban renewal.
The present day careers in Minneapolis are mostly based on commerce, finance, healthcare, industry and rail/truck transport services. Industry products include auto parts, computers, agricultural products, electronics, machinery, medical instruments and plastics. Education, graphic arts, high technology, insurance, and publishing are some of the smaller scale economic sectors in the city. Milling and food processing once the mainstays in Minneapolis have become minor industries. Popular Science rated Minneapolis as the U.S. top “Tech City” in 2005 because of energy conservation, resident’s advanced degrees, development and research expenditures, medical trials, transportation solutions and Wi-Fi availability. It was also elected as the second best city in the U.S. in 2006 and one of Seven Cool Cities to young professionals.
There are 5 Fortune 500 companies with headquarters in Minneapolis namely Ameriprise Financial (finance), Target (retail), Thrivent (finance), U.S. Bancorp (banking), and Xcel Energy (public utility) and several Fortune 1000 companies including Donaldson (filtration systems), Graco (fluid handling), PepsiAmericas (beverages), and Valspar (paints). The largest provider of employment in Minneapolis apart from the government are Ameriprise, IBM, ING, Piper Jaffray, Qwest, Start Tribune, Target, U.S. Bancorp, Wells Fargo, and Xcel Energy.
Other jobs in Minneapolis is in the arts where Minneapolis also excels as it is second to New York City in terms of per capita income from live theatre and is third largest as a theatre market after only New York and Chicago. The city supports many theatre companies, art museums, and has produced several famous artists including Prince, Husker Du and Paul Westerberg who played an important part in the popularity of alternative rock in the 1990’s. The city is also given importance for the hip-hop and rap styles of music.
Outlook for Minneapolis careers is very good with many job opportunities. The median income is $54,236.00. Unemployment rate is at 8.8 percent which is higher than the national average of 6.9 percent. Recent statistics indicate that there are 849,506 held jobs in Minneapolis with 90.26 percent in the private sector and the remaining in government service. 97.92 percent of companies that are hiring are in the private sector leaving around 2 percent for hiring in government jobs. If you are starting on a new job always keep in mind that it will take a few months to get used to anything unfamiliar. Just be yourself and courteous and let your colleagues know how that you are happy to work with them. Build trusting relationships and find a mentor to help guide you in connecting with other people.
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