As spring creeps slowly into Minnesota, the graduating class of 2013 is looking ahead to limitless opportunities and the list of leading organizations that turn to St. Thomas as a resource for top talent continues to grow. Minneapolis and St. Paul house 12 Fortune 500 companies and Minnesota is home to almost 20. As these leading organizations seek out top talent, the University of St. Thomas continues to be a great source for recruiting.
Local employers such as Cummins, Ecolab, U.S. Bank, Thrivent Financial for Lutherans and Target all have completed on campus recruiting sessions or interviews this year. These sessions provided summer internships and full time positions, including roles in change management, marketing, product development and finance.
This fall marks the start of my fifth year as a part of the St. Thomas community. I can honestly say that of all of the projects and programs I’ve been a part of during my tenure, the Promises Kept Tour has been one of the most fun and engaging. This was made so primarily by our outstanding alumni – the hundreds who attended the events and especially those who hosted our team at the various locations we visited.
The Promises Kept Tour was a celebration of the Opus College of Business’ recent AACSB accreditation, which has put the UST graduate business programs on the global map by joining the 5% of business schools worldwide with this distinction. The tour was also a time for sharing the other developments at the university, including new buildings, a dramatic increase in the number of tenure track faculty and a sharpened focus on earning international recognition for our programs.
Here’s some good news for the end of the year and looking ahead. From Bloomberg/AP:
Minnesota’s unemployment rate held steady at 7.1 percent in November, remaining nearly 3 percentage points lower than the national rate and down slightly from the year-ago rate of 7.6 percent, the state Department of Employment and Economic Development reported.
Perhaps more importantly, the article notes that “the state has added 44,800 jobs so far this year, a growth rate of 1.7 percent. That beats the national rate of 0.6 percent.” In the chart below, you can see Minnesota’s unemployment rate is lower than that of most states to our east, and though those to our left have lower rates, their number of employees is also lower (indicated by the circle size).
Unemployment rates in the Midwest. Cooler colors mean lower unemployment rates.
What does all this mean?