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Minnesota’s Economic News – W/E 7/17/20

Labor market

Minneapolis/St. Paul Business JournalGrocery store chains stand out for hiring during early days of pandemic

Grand Rapids Herald ReviewThe economic suppression will hurt today’s graduates for years to come

Duluth News Tribune: Minn. lawmakers consider bill extending unemployment benefits for mine workers

Detroit Lakes OnlineMinnesota unemployment rates dipped to 8.6% in June, down slightly from May

WCCONew Minnesota Employment Numbers Show Job Gains In June, With 84,700 New Payroll Jobs

MPR NewsMinnesota unemployment fell to 8.6 percent in June

Business North: Minnesota’s jobless rate declines to 8.6 percent

KSTPMinnesota unemployment drops to 8.6% in June, more than 80,000 jobs added; $600 federal unemployment payment program ending

Economic development

International Falls Journal: Four greater Minnesota cities awarded infrastructure grants

KAALCost of living report with impact to rural Minnesota

State and federal taxes and spending

The Center SquareMinnesota ranks 5th highest in WalletHub study of 2020 state tax burdens

Star TribuneMinnesota legislative leaders: Deal close on bonding, taxes

Grand Forks Herald$1.35 billion bonding bill, tax cuts advance in Minnesota Capitol but path to passage unclear

Waseca County NewsNearly $2 billion bonding bill heads for House Floor, but prospects for passage uncertain

Economic growth

Winona Daily NewsBankers say economy remains weak in rural parts of 10 states

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

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