Minnesota’s economic news, w/e 4/3/20
Economic growth
Owatonna People’s Press: How should we respond to the coronavirus?
KIMT 3: Is a recession on the horizon? ‘In my opinion, we might already be there’
Star Tribune: How the virus downturn swept over a Minneapolis cleaning firm
Minn Post: ‘Like a recession that happened overnight’: a Q&A with DEED Commissioner Steve Grove
Business North: IRRR busy with business assistance
Pioneer Press: More relief available for Minnesota small business amid coronavirus crisis
Bring Me the News: Podcast: The economic fallout from COVID-19 in Minnesota
West Central Tribune: Jason Lewis: We must keep Minnesota open for business
Winona Daily News: Midwest Economy: March state-by-state glance
Winona Daily News: Survey suggests pandemic draining vigor from Midwest economy
Star Tribune: Minnesota, Midwest factory conditions plunge because of coronavirus
State and local taxes and spending
St. Cloud Times: July 15 is the new April 15 as Minnesota also extends income tax deadline due to COVID-19
MPR News: Minnesota lawmakers send $330M COVID-19 bill to Walz
Redwood Falls Gazette: Minnesota income tax extension announced, now July 15
Brainerd Dispatch: Reader Opinion: Twice the spending
Wahepton Daily News: Minn. legislature passes $330 million bill to help with COVID-19
Brainerd Dispatch: Walz signs $33OM comprehensive COVID-19 package
Sun This Week: Stop taxing Social Security income
Labor market
Finance & Commerce: In Minnesota, virus shutdown outruns monthly job numbers
Star Tribune: What a time it was: Minnesota’s jobless rate was 3.1% last month
WCCO: Coronavirus In Minnesota: CEO Of Life Time Says 90% Of Employees Will Be Furloughed
Twin Cities Business: Even Before Covid-19, Minnesota Logged Small Job Loss
Star Tribune: 10,000 Minnesota health care workers filed for unemployment in past 10 days
Rochester Post Bulletin: Minnesota unemployment dipped slightly prior to outbreak
KSTP: Small businesses ask Gov. Walz to expand who qualifies for unemployment benefits
WDIO: Unemployment Insurance benefits available to those impacted by COVID-19
WDIO: Businesses seeking workers during COVID-19 pandemic
City Pages: 300,000 unemployment claims filed in Minnesota
KSTP: Minnesota assigns days for unemployment applications as web traffic surges
KIMT 3: New applications for unemployment given assigned day in Minnesota
Twin Cities Business: Great Clips Lays Off 63 Headquarters Staffers
Star Tribune: Minnesota jobs agency, hit by wave of jobless claims, asks new filers to follow schedule
KSTP: Amid COVID-19 pandemic, numerous Minnesota employers are hiring
Finance & Commerce: Some jobs in demand amid outbreak
Star Tribune: Student loan collection agency lays off 248 from three Twin Cities offices
KSTP: Lawmakers consider expanding workers’ comp for front line workers with COVID-19
St. Cloud Times: Unemployment applications soaring, payment could take a couple of weeks
Economic development
Business North: Minnesota Supreme Court to review PolyMet ruling
Star Tribune: ‘Opportunity Zones’: Tellingly problematic, especially in bailout times
Grand Rapids Herald Review: Minnesota cannot wait to approve the Line 3 replacement project
Bemidji Pioneer: Letter to the editor: The reality of economic transition
Twin Cities Business: TCB Q&A: Steve Grove, Minnesota’s Economic Development Czar
Regulation
WIZM: Minnesota dairy farmer proposes plan for fair wage milk
John Phelan is an economist at the Center of the American Experiment.