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Minnesota’s economic news, w/e 12/29/17

Mining

MPR NewsFeds reverse course, keep Minnesota copper mine plan alive

The Ely EchoSolicitor’s Opinion Reverses Decision, Allows Renewal of Twin Metals Mineral Leases

Duluth News TribuneDayton: Mesabi Metallics progress is a ‘very important step’

See our commentary on this here

Labor market

Rochester Post BulletinMinnesota jobless rate falls to 3.1%

Chanhassen VillagerWe need to fill skilled jobs

See our commentary on this here

Minimum wage laws

Star Tribune: Larger employers in Mpls. must pay $10 an hour to workers starting Jan. 1

WCCOSome Mpls. Employers To Increase Wages To $10/Hour

Rochester Post BulletinLarger Minneapolis employers to start paying $10 an hour

Milwaukee Journal SentinelMinnesota’s higher minimum wage has minimal effect on nearby Wisconsin businesses

See our commentary on this here.

Federal taxes

Star Tribune: Minnesota nonprofits and foundations fear more pain with the new tax law

MPR NewsTax overhaul breeds uncertainty for clean energy business

Economic development

Star Tribune: Aid from Minnesota helps companies like Spectro Alloys in Rosemount to grow

MPR NewsMinority-owned businesses are growing, but they’re still struggling

See our commentary on this here.

John Phelan is an economist at Center of the American Experiment. 

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