Minnesota’s Economic News – W/E 10/23/20
State and local taxes and spending
KDHL: Minnesota legislature passes Section 179 fix
Wahepton Daily News: Minnesota House, Senate pass $1.87 billion bonding bill
St. Cloud Times: Bonding bill contains a lot of ‘wants’ – and we’re OK with it
MPR News: Here’s what’s in that big public works bonding bill
WTIP: Passage of tax bill brings clarity to vacation rental properties in Cook County
KSTP: Minnesota to use $7.7M in CARES funding to support farmers, ag producers
KAALTV: $7.7M in CARES funding to support farmers, ag producers
Fergus Falls Daily Journal: Invest in Minnesota Coalition applauds Legislature for passing tax code bill
Star Tribune: Minnesota Gov. Tim Walz signs $1.9 billion public works bill
AG Week: MN Legislature passes tax relief measure
International Falls Journal: SmartAsset: Koochiching No. 1 in lowest tax burden
Mankato Free Press: In Response: Bonding bill was expensive, wasteful
Labor market
KTOE: Minnesota’s employment rate drops
Star Tribune: People are giving up on work, another sign that this recession is worse
St. Cloud Times: Manufacturers in Central Minnesota share recruiting challenges dating back before COVID-19
KSTP: Nursing homes facing staffing shortages amid pandemic
Star Tribune: Job seekers drop out in Duluth leaving smallest workforce in decades
Minneapolis/St. Paul Business Journal: Minnesota’s Covid-19 success story: Handling the economic shock among jobless
KAALTV: DEED campaign aims to connect job seekers to employers
KIMT3: DEED: #GOODJOBSNOW campaign highlights hiring opportunities
KTOE: DEED launches #GoodJobsNow Campaign
The Timberjay: State unemployment drop is deceiving
Economic growth
KBJR6: White House releases Trump jobs plan for Minnesota
John Phelan is an economist at the Center of the American Experiment.