Overall job growth holds steady in Twin Cities, but office-using sectors continue to languish

According to the most recent data from the Bureau of Labor Statistics, the Twin Cities labor market remains resilient but is showing signs of a late-cycle deceleration, with a clear shift in the growth mix. Total nonfarm payrolls increased by 15,900 jobs, or 0.8% year over year, in July, slightly below the U.S. average of 1%.