Minnesota’s Economic News — W/E 12/17/21
State and local taxes and spending
The Globe: Nobles County works to reduce tax burden; eyes 4.988% property tax levy increase
Duluth News Tribune: Feeding frenzy follows news of state budget surplus
Star Tribune: How to handle a massive surplus
Star Tribune: Minnesota employers fear tax hikes to cover unemployment benefit debt
KTOE: Influential lawmaker pushing to totally eliminate MN income tax on Social Security benefits
Fergus Falls Daily Journal: MN forecasted for budget surplus
Pioneer Press: Paid parental and sick leave for all? How would that work?
Minn Post: Minnesota’s $7.7 billion budget surplus is big. But it’s not unique
KFGO: State senator pushing to eliminate MN income tax on Social Security benefits
Pilot-Independent: ‘Let’s give Minnesotans their money back’ Sen. Eichorn says
Waseca County News: County adopts 1.92% levy increase; residential property taxes to increase by more
Crookston Times: Minnesota Management and Budget projects $7.7 billion surplus for 2022-23 fiscal year
Hastings Star Gazette: Dakota County keeps property tax levy flat for 2022
KIMT: Property tax going up in 2022 Olmsted County budget
Twin Cities Business: Minnesota’s $7.7B Surplus: Big, But Not Unique
The Center Square: Kiplinger’s: Minnesota has ‘very ordinary overall state and local tax burden’
Marshall Independent: Marshall Council approves 4.3% levy increase
Alexandria Echo Press: Commentary: Key decisions on tap amid vast state surplus
Labor market
Star Tribune: Minnesota employees likely to see more pay raises in next year
Minneapolis/St. Paul Business Journal: Minnesota unemployment rate continues to drop, but labor force concerns grow
Duluth News Tribune: Minnesota job growth outpaces US, unemployment at 3.3%
Star Tribune: Inflation outpaced wage growth in Minnesota last month; jobless rate hit pre-pandemic level
MPR News: Jobless rate in Minn. hits pre-pandemic level
Mankato Free Press: Local job numbers up 2.8% with manufacturing up 4%
Twin Cities Business: Minnesota Unemployment Rate Fell in November
Fox 9: Minnesota jobless rate falls to 3.3%, lowest since pre-pandemic
Economic growth
Mankato Free Press: 2021 highlights local economic strength
The Minnesota Daily: Craft breweries call for changes to liquor laws after COVID-19 hardships
Economic development
Pioneer Press: Minnesota will have to chip in 20 cents on the dollar for federal infrastructure grants
Minn Post: ‘We have work to do’: What to know about the state of the state’s high-speed internet infrastructure