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Minnesota’s Economic News – W/E 8/28/20

State and local taxes and spending

The Center SquareMinnesota residents pay 11.2 percent of their income in state, local taxation

Star TribunePrudent budget caution as St. Paul recovers

Star TribuneMinnesota officials to decide next week on program for extra $300 in unemployment benefits

Star TribunePandemic has added fuel to government debt fire

Inforum: Moorhead property tax rebate program up for council vote Monday

Finance & CommerceCoalition urges bonding action

Labor market

Star Tribune: Minnesota’s job growth slows in July as unemployment rate falls to 7.7%

KSTPA look at in-demand jobs and who’s hiring in Minnesota amid the pandemic

Finance & CommerceMinnesota gains 32,500 jobs; construction loses 400

Valley News Live: Minnesota’s jobless rate falls to 7.7% but job growth slows

Willmar RadioMinnesota unemployment rate drops in July

WCCOCOVID-19 Pandemic Stalls Out Construction, Leaves Nearly 9,000 Workers Jobless

Montevideo American NewsMinnesota’s unemployment rate drops to 7.7 %

Duluth News TribuneDEED Commissioner’s View: In pandemic, state working to connect Minnesotans to jobs

KROC: Rochester area still down about 10,000 jobs

WDIONortheastern Minn. job market continues slow recovery

KIMT3: DEED: Olmsted County jobless rate at 7%

Economic development

Park Rapids EnterpriseUtke: Second appeal of the Line 3 project will further cripple economy

Minn PostThe fight over the Minnesota Department of Commerce’s role in the Line 3 pipeline project, explained

Economic growth

KRVNRural Mainstreet Index inches up for August

Pioneer Press: Hired to spur Minnesota’s economy, state jobs czar Steve Grove now striving to get it back on track

Star TribuneIn Duluth, economic recovery is stalled by uncertainty

WDIODEED Commissioner discusses economic recovery efforts with Duluth businesses

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

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