Minnesota’s Economic News — W/E 1/3/25
State and local taxes and spending
The Neighbor: Minnesota Homeowners Pay a Median $3,321 in Property Taxes Each Year
Detroit Lakes Online: Becker County hikes levy, but its tax rate keeps on dropping
Pine and Lakes Echo Journal: Nisswa tax levy hike totals 9.75% in 2025
MPR News: Minneapolis land trust homeowners shocked by big property tax increases
Morrison County Record: Swanville school tax levy increases 2.36%
Reason: State Tax Hikes Set To Raise Energy Costs in 2025
Labor market
Winona Post: MN jobs, labor force grow in November
KROC: Rochester Job Market Sets New Records Despite Rising Jobless Rate
Kare 11: Here’s what Minnesota’s minimum wage will be starting Jan. 1
Kare 11: MN’s pay transparency law now in effect: what it means for you
WIZM: Minnesota’s minimum wage rises by 26% for some, while Wisconsin remains at $7.25
Economic development
Star Tribune: A new year, and new opportunities for the Iron Range
Duluth News Tribune: Chamber President’s View: To be a city on the rise, Duluth must embrace progress, change
Economic growth
Business North: New laws will significantly impact businesses
Star Tribune: Ramstad: It’s not just Minnesota — the whole world is growing more slowly
Star Tribune: As new laws take effect in Minnesota, small businesses say costs will sting
Regulation
Minneapolis / St. Paul Business Journal: New Minnesota laws for 2025: Minimum wage, restaurant fees, ‘Taylor Swift Bill’
Star Tribune: What are you paying for, exactly? Wouldn’t *you* like to know?
Alexandria Echo Press: New Minnesota laws take effect that will impact businesses across the state