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 TimesBonding bill contains a lot of ‘wants’ – and we’re OK with it

MPR NewsHere’s what’s in that big public works bonding bill

WTIPPassage of tax bill brings clarity to vacation rental properties in Cook County

Minn PostBudget officials say Minnesota’s economy is doing better than expected. Which doesn’t mean it’s doing well

KSTPMinnesota 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 JournalInvest in Minnesota Coalition applauds Legislature for passing tax code bill

Star TribuneMinnesota Gov. Tim Walz signs $1.9 billion public works bill

AG WeekMN 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

KTOEMinnesota’s employment rate drops

Star TribunePeople are giving up on work, another sign that this recession is worse

St. Cloud TimesManufacturers in Central Minnesota share recruiting challenges dating back before COVID-19

KSTPNursing homes facing staffing shortages amid pandemic

Star TribuneJob seekers drop out in Duluth leaving smallest workforce in decades

Minneapolis/St. Paul Business JournalMinnesota’s Covid-19 success story: Handling the economic shock among jobless

KAALTVDEED campaign aims to connect job seekers to employers

KIMT3: DEED: #GOODJOBSNOW campaign highlights hiring opportunities

KTOEDEED launches #GoodJobsNow Campaign

The TimberjayState 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.