Minnesota’s Economic News — W/E 5/20/22

State and local taxes and spending

KEYC: Agency error means richest Minnesotans owe more in taxes

Star Tribune: State error means wealthy Minnesotans owe more taxes

KELO: Minnesota’s costly mistake

Minnesota Reformer: Lawmakers, Walz have a deal on taxes, spending

Star Tribune: Minnesota’s divided Capitol strikes multibillion-dollar end-of-session budget, tax deal

KSTP: Gov. Walz, state lawmakers reach agreement on education, public safety, tax bills

Minneapolis/St. Paul Business Journal: Minnesota budget deal includes tax cuts, infrastructure, more education spending

Fox 9: Walz, top lawmakers strike preliminary deal on taxes, new spending

Austin Daily Herald: Walz, legislative leaders reach deal on taxes and spending

Pioneer Press: Here’s the $8 billion worth of topics where Minnesota lawmakers need to find common ground

Duluth News Tribune: Minnesota leaders reach $9 billion deal for tax and spending plans, leave details to lawmakers

Finance & Commerce: Minnesota lawmakers reach deal on budget surplus

Minnesota Reformer: Time scarce for lawmakers to write budget bills as governor, top leaders set framework

Star Tribune: Where do the dollars for Minnesota’s multibillion-dollar tax cut, spending deal come from?

Minn Post: Bipartisan ‘framework’ includes billions for new spending, billions in tax cuts — and very, very few details

WIZM: Gov. Walz, top Minnesota lawmakers, reach bipartisan, multi-billion deal to wrap session

Minnesota Reformer: Deadline looming for lawmakers to finish writing budget bills

KIMT 3: Nearly $1 million going to revitalize downtown Rochester

Pilot-Independent: MN Senate passes historic tax relief to give surplus back to taxpayers

Kare 11: Your job: give back $4 billion to taxpayers

Duluth News Tribune: Reader’s View: State surplus is taxpayers’ money, not Walz’s

Jackson County Pilot: Local state senators tout historic tax relief bill

Walker Pilot Independent: Guest opinion: Minnesota Senate bill isn’t a ‘tax cut for the rich’

Economic growth

KIMT 3: GOP convention provides economic boost to local businesses in Rochester

Labor market

MPR News: How the labor shortage is affecting seasonal work and teen summer jobs

Finance & Commerce: How is the labor shortage impacting Minnesota?

Willmar Radio: Minnesota ranks low in job resignation rates

KSTP: DEED: Minnesota’s record-low unemployment rate drops again, wages not on pace with inflation

KBJR 6: Minnesota’s unemployment rate reaches record low in April 2022

Twin Cities Business: Minnesota Unemployment Rate Hits Lowest Point on Record

Kare 11: Minnesota’s unemployment rate reaches record low in April 2022

Star Tribune: Minnesota’s jobless rate hits record low 2.2%, and people doing the hiring feel the pinch

Brainerd Dispatch: Minnesota’s unemployment rate hits historic low

Fox 9: Minnesota’s unemployment hits record low, but wages don’t keep pace with inflation

WCCO: DEED: Minnesota’s Unemployment Drops To Record Low, Jobs Gained For 7th-Straight Month

Minneapolis/St. Paul Business Journal: Minnesota April unemployment rate was lowest in recorded history

KNSI: Minnesota Records Lowest Unemployment Rate in Recorded History

Minn Post: Minnesota’s unemployment rate down to 2.2% in April

WJON: MN Unemployment At Record Low, Labor Participation Rate Rises

Economic development

KNSI: Grants Will Help Spur Investment in Downtown St. Cloud

Minneapolis/St. Paul Business Journal: Minnesota announces second round of Main Street Economic Revitalization grants