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Investor Presentaiton

10 8 00 + 2 о 1.0 4.0 Industry Group Payroll Changes 8.0 سسسل 5.0 Comments Since 2017 ■ Payroll growth averaged 5% statewide. ■ At 4.4% of PY 2018 payroll, Contracting is increasing much faster than the statewide average. Annual Average Change (%) ≈ + -1.5 Manufacturing Contracting Office & Clerical (9.1%) (4.4%) (65.0%) ■Ratemaking Cycle 2009 to 2017 Goods & Services Miscellaneous (3.8%) Statewide (17.7%) ■Ratemaking Cycle 2017 to 2022 Payroll over latest five Policy Years obtained from Minnesota Unit Statistical Plan Data MWCIA years 6
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