Targeted Employment Area: Hennepin County, Minnesota

Created on 8/22/2017 9:26:14 AM (GMT)(GMT)

UPDATE: The Bureau of Labor Statistice release 2016 unemployment averages for Hennepin County in April.

The sections below outline two sets of Local Area Unemployment Statistics (LAUS) for Hennepin County Minnesota and the EB-5 program. The ACS 5-Year is from the American Community Survey and the more recent data provided by the project's city, Hennepin County, Minnesota to the Bureau of Labor Statistics. In the report below, if the "Qualifies" column indicates "Yes" , then Hennepin County qualifies by either the ACS or the BLS (or both). Please note that if the ACS data qualifies and the more recent BLS data indicates does not, there is an indication that employment conditions are improving and that a project in Hennepin County may not be granted a designation letter -- or depending on project type, target areas, and Minnesota requirements, an EB-5 project may considered by either ACS or BLS unemployment rate during the approval processes.

Hennepin County Minnesota Employment Status

Source County FIPS Population Labor Force Employed Unemployed Unemployment Rate Qualifies
ACS 27053 957,644 691,752 650,324 41,428 6% No
BLS 27053 n/a 679,285 656,426 22,859 3.4% No

Supporting EB-5 Regional Centers

These EB-5 Regional Centers can assist you for projects in Hennepin County Minnesota. We have a growing network of EB-5 companies and professionals who are ready to assist you. Please contact us so that we may guide prior to engaging a centers who support Hennepin County.

Hennepin County, Minnesota

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