Targeted Employment Area: St. Louis County, Minnesota

Created on 10/17/2017 3:13:00 PM (GMT)(GMT)

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

The sections below outline two sets of Local Area Unemployment Statistics (LAUS) for St. Louis 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, St. Louis County, Minnesota to the Bureau of Labor Statistics. In the report below, if the "Qualifies" column indicates "Yes" , then St. Louis 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 St. Louis 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.

St. Louis County Minnesota Employment Status

Source County FIPS Population Labor Force Employed Unemployed Unemployment Rate Qualifies
ACS 27137 166,387 103,866 96,700 7,166 6.9% No
BLS 27137 n/a 101,358 95,470 5,888 5.8% No

Supporting EB-5 Regional Centers

These EB-5 Regional Centers can assist you for projects in St. Louis 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 St. Louis County.

St. Louis County, Minnesota

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