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Minnesota’s economic news, w/e 4/24/20

State and local taxes and spending

West Central TribuneWillmar sales tax revenue lower than expected, COVID-19 likely to impact it further

Bloomberg TaxMinnesota Temporary Telework Won’t Trigger Tax Presence

Star TribuneBloomington officials discuss potential budget shortfalls because of the virus

Labor market

Star TribuneJob losses hitting nearly 20% of Minnesota workers

Business NorthMinnesota loses 15,400 jobs in early March

St. Cloud TimesFinding jobs during the pandemic: Staffing pros say they’re still out there

Minn PostThe employment sectors that have seen the biggest share of unemployment applications during the COVID-19 crisis

Pioneer PressHow high will the unemployment rate get due to coronavirus?

Austin Daily HeraldOver 1,900 county workers have filed for unemployment

Minn Post: Minnesota’s Cook County has no confirmed COVID-19 cases. But it’s seen the highest jump in unemployment anywhere in the state

Economic growth

Minn PostHow the Walz administration is developing its plans for restarting Minnesota’s economy

Bemidji PioneerMinnesota, Wisconsin join seven-state coalition to reopen Midwestern economy; Dakotas stay out

Hutchinson LeaderMinnesota joins coalition of 7 Midwest states deciding when to reopen economy

Star TribuneTom Emmer, Paul Gazelka: Let’s work together on a plan to reopen Minnesota’s economy

Pioneer Press: Local expert says Minnesota economy is in ‘uncharted territory’ due to coronavirus

Albert Lea TribuneSmall businesses race to get financial help amid pandemic — but will it be enough to survive?

Duluth News TribuneReport: Minnesota has lowest percentage of workers in hardest-hit sectors

KSTPMinnesota Senate considers proposal to reopen businesses amid COVID-19

Finance & CommerceMinnesota manufacturers brace for impact of COVID-19

Brainerd DispatchBrainerd Lakes Chamber launches initiative to reopen parts of local economy

Minn PostSenate GOPers push bill to allow Minnesota businesses to apply to reopen

KSTPMinnesota salons hoping to reopen amid pandemic; implement new ideas to improve client safety

Duluth News Tribune: Sen. Eichorn Column: Safely reopen Minnesota to protect iron, timber producers

Twin Cities BusinessRetailers Eye Phased Reopening Plan

Duluth News Tribune: Statewide View Column: We can open the economy AND fight the coronavirus

Star TribunePaper mills slowing, shutting amid pandemic disruption

Brainerd Dispatch: Guest Opinion: Working together to keep the economy moving forward

KTOE: Minnesota Businesses, 80-100,000 Workers Will Be Allowed To Return to Work Next Week

Star TribuneRestrictions could be lifted on up to 100,000 Minnesota workers by Monday

Kare 11100K Minnesotans could return to work next week, here’s what to expect

Twin Cities BusinessMinnesota Chamber Outlines ‘Best Practices’ for Getting Back to Business

Minn PostSenate GOPers push bill to allow Minnesota businesses to apply to reopen

KSTPMinnesota salons hoping to reopen amid pandemic; implement new ideas to improve client safety

Rochester Post Bulletin: Other View: Let’s get Minnesota’s economy moving

Pioneer PressWhat will it look like when Minnesota’s economy begins to open?

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

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