Minnesota’s Economic News — W/E 6/14/24

Regulation

Guardian: Uber and Lyft made a deal to raise drivers’ wages. It was another victory for big tech

Minnesota Reformer:

Minnesota Reformer: Minnesota’s new Uber and Lyft law just cements their duopoly in place

Economic development

Minnesota Reformer: Minnesota DFL agrees to legislative hearings on copper-nickel mining — and other labor news

Trade

KNSI: Minnesota Exports Surge in First Quarter, Outpacing National Trend

Grand Rapids Herald Review: Minnesota Exports Grow 2% in First Quarter to $6.7 Billion

Labor market

WCCO: Job vacancies in Minnesota decline by 24.7%, says Department of Employment and Economic Development

Yahoo Finance: Unemployment claims in Minnesota increased last week

Red Lake Nation News: Job Vacancies Decline in Minnesota; Labor Market Remains Tight

Minn Post: Direct Care Workers are in high demand but face meager pay despite recent increase

State and local taxes and spending

Star Tribune: Ramstad: Minnesota should be impolite, call a special session and pass a bonding bill

KIMT 3: City of Rochester maintains highest municipal credit rating

KSTP: Minneapolis City Council members pitch budget recommendations for fiscal year 2025

MPR News: State agencies allowed pandemic cash to go to ineligible Minnesotans, Legislative Auditor finds 

Star Tribune: Audit finds discrepancies in Minnesota COVID-era frontline worker payment program

KSTP: Audit: State departments didn’t verify income, comply with requirements for Frontline Worker Pay Program

Twin Cities Business: Audit: Frontline Worker Pay Went to Ineligible Applicants