Minnesota’s economic news, w/e 12/29/17
Mining
MPR News: Feds reverse course, keep Minnesota copper mine plan alive
The Ely Echo: Solicitor’s Opinion Reverses Decision, Allows Renewal of Twin Metals Mineral Leases
Duluth News Tribune: Dayton: Mesabi Metallics progress is a ‘very important step’
See our commentary on this here.
Labor market
Rochester Post Bulletin: Minnesota jobless rate falls to 3.1%
Chanhassen Villager: We need to fill skilled jobs
See our commentary on this here.
Minimum wage laws
Star Tribune: Larger employers in Mpls. must pay $10 an hour to workers starting Jan. 1
WCCO: Some Mpls. Employers To Increase Wages To $10/Hour
Rochester Post Bulletin: Larger Minneapolis employers to start paying $10 an hour
Milwaukee Journal Sentinel: Minnesota’s higher minimum wage has minimal effect on nearby Wisconsin businesses
See our commentary on this here.
Federal taxes
Star Tribune: Minnesota nonprofits and foundations fear more pain with the new tax law
MPR News: Tax overhaul breeds uncertainty for clean energy business
Economic development
Star Tribune: Aid from Minnesota helps companies like Spectro Alloys in Rosemount to grow
MPR News: Minority-owned businesses are growing, but they’re still struggling
See our commentary on this here.