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How prepared is Minnesota to cover unemployment benefit claims?

Unemployment is reaching high levels and states are facing an unprecedented rise in unemployment benefit claims. But how many of these states are in a good position to cover these claims and for how long? According to the Tax Foundation Minnesota is solvent enough to fund 13 weeks of unemployment benefits. Minnesota ranks 36th in regards to how many weeks of unemployment benefits the state`s trust fund can cover. Wyoming, Florida, South Dakota, Utah and Oregon are the top 5 funded states. Their Trust funds can cover Unemployment benefits for at least 65 weeks. Minnesota Unemployment  In Minnesota unemployment benefit claims are 11.8%...

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Manufacturing companies are starting to see more job losses

A lot of states are experiencing tremendous job loss due to the economic shutdown. In the beginning, most of these job losses were concentrated in the service industries. But the manufacturing sector is starting to feel a squeeze from the shutdown. Manufacturing companies are temporarily cutting employment for sustainability or permanently cutting their workforces. Manufacturing has been hurt by both loss of business and also the high level of uncertainty surrounding the lockdown. Minnesota Manufacturing  Minnesota manufacturing companies are experiencing a worse downturn caused by the virus. Manufacturing companies are now laying off employees at higher and increasing rates. A sign-maker in Brooklyn...

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Governor Walz should allow Minnesota’s breweries, bars, and restaurants to sell alcohol in any size package for at-home consumption

Many Minnesota breweries, bars, and restaurants are sitting on perishable product that they are not legally allowed to sell under current regulations. This temporary regulatory relief would allow them to sell that product, rather than wasting thousands of dollars....

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States are suspending rules to ensure access to childcare

Numerous states have taken steps to loosen regulation for childcare providers. Here I include some of the states that have taken those steps to make it easier for childcare providers to respond to the pandemic. In Connecticut, the Commissioner of the Office of Early childhood education has granted specific waivers of licensing requirements. The waivers will cease when the state of declared emergency ends.The state of Florida is permitting waivers for specific standards in order to make sure providers stay open and also asking providers considering closure to contact their licensing specialists to discuss a plan to stay open. The state of...

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In The Tank (Ep237) – Coronavirus Response: Modern Monetary Theory

Hello! This week, Isaac Orr is joined by Heartland's Donald Kendal, Justin Haskins, and Jim Lakely for episode 237 of the In The Tank Podcast. How far away is the light at the end of the Coronavirus tunnel? Is the government's response to the Coronavirus essentially Modern Monetary Theory? The crew weighs in on this and more on this episode of the In The Tank Podcast.   https://soundcloud.com/user-694711047/in-the-tank-ep237-coronavirus-response-modern-monetary-theory?in=user-694711047/sets/in-the-tank-podcast   WHEN TO RETURN TO NORMAL? Heritage Foundation - When Can Life Return To Normal: 4 Signs to Monitor www.heritage.org/public-health/co…-4-signs-monitor University of Washington - COVID-19 data covid19.healthdata.org MMT Justin and Donald take apologies from Jim for rolling his eyes when we talked about...

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