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} esyt o ` e�na on enngcsrease?<zn a olnlcYg"`o i en:. a e largely y u <br /> • ��'',�`: <br /> rap d acceleration in manu acturin "act><v>< <br /> Minneapolis-St. Paul, known as the continues to be the engine of <br /> Twin Cities, is located along the METRO HIGHLIGHTS Minnesota's employment growth. Faster <br /> Mississippi River and represents than average job growth occurred in <br /> Minnesota's largest metropolitan area. ♦ Twin Cities'unemployment rate services, construction, utilities and <br /> Nationally it ranks 16th in size. The resumed its downward path to communications. As of third quarter <br /> MSA (Metropolitan Statistical Area) 2.6%, compared to the national 1995, the number of jobs in the metro <br /> includes the Minnesota counties of jobless rate of 5.6% area increased 1.8% from a year ago. <br /> Anoka, Carver, Dakota, Hennepin, According to the Minnesota <br /> Ramsey, Scott and Washington, known ♦ Jobs in the metro area increased Department of Economic Security, an <br /> as the seven-county core area, plus by 1.8%, slightly trailing the updated outlook for the state of <br /> Chisago, Isanti, Wright and the national growth rate of 2.0% Minnesota suggests that a wide range of <br /> Wisconsin county of St.Croix. The Twin job applicants will be needed through <br /> Cities serve as the center of the Jobs in construction, services, the year 2001. Although the state • <br /> economic and social activities for the ♦ <br /> state and the north central region. utilities and communications <br /> LARGEST U.S. CORPORATIONS <br /> The Minneapolis St.Paul metropol- grew faster than average <br /> WITH HEADQUARTERS IN THE <br /> itan area has a strong and diverse <br /> economic base with no dependency on ♦ For the second consecutive year, TWIN CITIES AREA <br /> any single employment industry. Home Washington County is the state's NATIONAL <br /> to 16 of the largest U.S.corporations(as fastest growing county COMPANY RANKING <br /> presented in the Fortune 500 table), it DAYTON HUDSON 30 <br /> includes a broad foundation of income- ♦ The Twin Cities 1990 population SUPERYALU 50 <br /> producing trades including agribusiness, totaled 2,464,124, reflecting 3M 58 <br /> computer high technology systems, growth o . from 1980 to <br /> g f 153%f NORTHWEST AIRLINES 125 <br /> machinery manufacturing, graphic arts, <br /> government, medical and educational 1990, which outpaced the average GENERAL MILLS 135 <br /> institutions. national growth rate of 10.8% HONEYWELL 195 <br /> NORWEST CORP. 197 <br /> ST.PAUL COMPANIES 243 <br /> ; r# w Employment has been rising steadi- UNITED HEALTHCARE 303 <br /> r� <br /> ly. Local unemployment rates have HORMEL FOODS 363 <br /> remained below the state and national <br /> BEST BUY 373 <br /> x o Y averages over the last ten years. As of HASH FINCH 398 <br /> November 1995,the national unemploy- <br /> NORTHERN STATES POWER 452 <br /> ment rate measured 5.6% and the state <br /> unemployment rate was 3.3%,compared FIRST BANK SYSTEMS 470 <br /> to the Minneapolis-St. Paul jobless rate INTERNATIONAL MULTIFOODS 495 <br /> of 2.6%. With nearly 62% of the state's LUTHERAN BROTHERHOOD 496 <br /> ♦ Downtown Minneapolis total employment, the Twin Cities area Source: FORTUNE,May 15,1995 • <br />