Gallup: Minnesota best in the nation for job creation, economic positivity - Bring Me The News

Gallup: Minnesota best in the nation for job creation, economic positivity

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Minnesota led the way for job creation last year and its residents are more positive about the economy than any other state in the country.

That's according to two polls by leading data company Gallup, which paints a rosy picture of Minnesota's job market and the confidence of its workers.

The first found that in 2015, Minnesota had the highest proportion of employers expanding their workforce compared to those laying people off, with 46 percent of state workers telling the pollster their employer was hiring.

Eight percent meanwhile said their employer was laying people off, giving Minnesota a "Job Creation Index" score of +38 – well ahead of the national average of +30, and a bit higher than Georgia and Utah (tied for second place) with +36.

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It's the first time the state has topped the ranking since the Job Creation Index started in 2008, but it did place in the top 10 in 2012 and 2013.

Gallup says Minnesota's 3.5 percent unemployment rate – well below the national average – and its creation of 40,000 net new jobs have a lot to do with the state's number 1 ranking.

"I congratulate the hard-working people and businesses of Minnesota for achieving this national distinction," Gov. Mark Dayton said in a statement, according to the Pioneer Press.

Minnesotans positive about the economy

The state was also at the top of the Gallup poll measuring economic confidence – for the second year in a row.

It was based on interviews with around 177,000 people nationwide, with respondents asked to rate the current economic conditions in the U.S., as well as their views on which direction the economy is going.

If everyone rates both of these things positively, the score would be +100, and if everyone rates them negatively, the score would be -100.

Although Minnesotans don't have overwhelming confidence in the economy with a score of +3 (suggesting the ratio was 53 percent positive, 47 percent negative) this was still enough for first place.

People in most other states appear to have some serious concern, with -8 being the average score across the country. Virginia is at the bottom of the table with a score of -39.

America's stock markets have taken a hit in recent months amid struggling growth in China and plummeting oil prices, and according to PollingReports.com, the economy and jobs are likely to be the key issue for Americans voting in this year's elections.

But Minnesota has been continually positive in recent years, with Gallup saying it has been either first or second in its economic confidence rankings since 2011.

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