Minnesota’s economic news, w/e 12/27/19
Labor market
Star Tribune: MN Chamber has concerns about slowing job growth
Pioneer Press: MN unemployment rises to 3.3 percent; 3,000 fewer jobs in November
Brainerd Dispatch: Minnesota Unemployment at 3.3%
Star Tribune: Hennepin County may shift some sales tax dollars from transit to roads until new trains are running
Star Tribune: Taxes may rise on Minnesota cabins rented part time
ABC Newspapers: Letter: With budget surplus, tax relief makes sense
Fillmore County Journal: Minnesota Unemployment at 3.3% Job gains up 0.2% year over year while the labor force participation rate held at 70.3%
KELO: Minnesota joins states bolstering wage-theft enforcement
KDUZ: January 1st wage hike
The Globe: Cottonwood County records highest job growth statewide
Hibbing Daily Tribune: Min-wage workers to get bump in 2020
State and local taxes and spending
Minneapolis/St. Paul Business Journal: Minnesota’s angel tax credit is gone until 2021; Launch Minnesota grants still available
WCCO: Lawmaker Seeks Compromise On Property Tax Classification That Could Cost Cabin Owners Big
WCCO: Cabin Owners Turning To Lawmakers For Property Tax Relief
SW News Media: Letter: Scott County board stays on financial track
Park Rapids Enterprise: New tax treatment for short-term vacation rentals causing concern
Economic growth
Star Tribune: Survey of Plains, Western bankers shows waning rural economy
Alexandria Echo Press: In the Know column: Alexandria area continues to grow
Park Rapids Enterprise: State’s economy stable; talent shortage slows job growth
Economic development
KNUJ: DEED awards money for infrastructure investments
John Phelan is an economist at the Center of the American Experiment.