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on October 22, 2020
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Apprenticeship program helps students of all ages reap success

Written by Catrin Wigfall
in Economy

An innovative apprenticeship program aimed at "moving the needle" on workforce development challenges in manufacturing has had great success preparing young people for skilled careers and helping older workers improve their skills. Median earnings for graduates of the Kentucky Federation for Advanced Manufacturing Education (FAME) were nearly $98,000 five years after participating in the program, compared to around $52,783 for non-FAME participants—a difference of more than $45,000 a year....

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on October 21, 2020
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The Metropolitan Airports Commission just adopted the disastrous $15 minimum wage ordinance for an already ailing airline industry

Written by Martha Njolomole
in Economy

Despite an ailing travel industry, the MAC has decided to raise the minimum wage for airport workers to $15. But not to worry yet, the MAC has plans to help businesses adjust to the new wage. And that includes, among other things, effectively raising prices on consumers. ...

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on October 16, 2020
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To survive the winter, Minnesota restaurants are investing in extending patio dining season

Written by Martha Njolomole
in Economy

From heaters and fire pits to igloos and greenhouses, restaurants are taking all efforts to extend the patio season due to current capacity limits. These are costly investments to make, and worse yet, some restaurants are only making them because they have been backed into a corner by the current restrictions. ...

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on October 15, 2020
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Minnesota’s unemployment rate fell to 6% in September, but it’s not good news

Written by Martha Njolomole
in Economy

According to the Minnesota Department of Employment and Economic Development (DEED), unemployment fell from 7.4% in August to 6% in September. However, that decline has been mainly driven by people leaving the labor force. This is a worrying trend, especially considering the fact that Minnesota makes up for its lower productivity per worker, with its higher than average labor force participation rate. ...

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