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Minnesota’s economic news, w/e 12/27/19

Labor market

Star TribuneMN Chamber has concerns about slowing job growth

Pioneer PressMN unemployment rises to 3.3 percent; 3,000 fewer jobs in November

Brainerd DispatchMinnesota Unemployment at 3.3%

Star TribuneHennepin County may shift some sales tax dollars from transit to roads until new trains are running

Star TribuneTaxes may rise on Minnesota cabins rented part time

ABC NewspapersLetter: With budget surplus, tax relief makes sense

Fillmore County Journal: Minnesota Unemployment at 3.3% Job gains up 0.2% year over year while the labor force participation rate held at 70.3%

KELOMinnesota joins states bolstering wage-theft enforcement

KDUZ: January 1st wage hike

The GlobeCottonwood County records highest job growth statewide

Hibbing Daily Tribune: Min-wage workers to get bump in 2020

State and local taxes and spending

Minneapolis/St. Paul Business JournalMinnesota’s angel tax credit is gone until 2021; Launch Minnesota grants still available

WCCOLawmaker Seeks Compromise On Property Tax Classification That Could Cost Cabin Owners Big

WCCOCabin Owners Turning To Lawmakers For Property Tax Relief

SW News Media: Letter: Scott County board stays on financial track

Park Rapids EnterpriseNew tax treatment for short-term vacation rentals causing concern

Minn PostWill Minnesota lawmakers regret spending the state’s ‘rainy day’ funds on something other than a rainy day?

Economic growth

Star Tribune: Survey of Plains, Western bankers shows waning rural economy

Alexandria Echo PressIn the Know column: Alexandria area continues to grow

Park Rapids EnterpriseState’s economy stable; talent shortage slows job growth

Economic development

KNUJ: DEED awards money for infrastructure investments 

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

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