Minnesota’s Economic News — W/E 2/2/24

Labor market

Minnesota Reformer: Why did unionization decline in Minnesota?

KROC: SE Minnesota experienced higher unemployment in December

NFIB: The DFL’s $20 Billion Spending Spree Put Minnesota on Thin Ice

Economic growth

Grand Rapids Herald Review: Millennial Business Owners in Minnesota Earn 19.6% More Than Employees on Average, 12th Best in the U.S.

Mankato Free Press: Our View: Economy and consumers brighten outlook

State and local taxes and spending

KROC: Minnesota Tax Collections Were Close to Target at End of 2023

Marshall Independent: Stronger communities, stronger economy

KASI: Midwest Economy Shows Growth in January

Regulation

Econlib: Marijuana Legalization and Econ 101

Sahan Journal: ‘Not getting paid enough’: Minneapolis wage analysis fuels fresh push for Uber, Lyft minimum rate

MPR News: Minneapolis Uber, Lyft drivers gather to push for higher pay

State and local taxes and spending

Star Tribune: IRS says it won’t reverse decision to tax Minnesota rebate checks

Associated Press: IRS gives Minnesota a final ‘no’ on exempting state tax rebates from federal taxes

Minn Post: Minnesota’s ‘most progressive’ tax state designation explained

Kare 11: IRS gives Minnesota a final ‘NO’ on exempting state tax rebates from federal taxes

Pioneer Press: MN rebates checks will be taxed by federal government this year