Minnesota’s Economic News — W/E 6/3/22
State and local taxes and spending
Rochester Post Bulletin: It was the largest proposed tax cut in Minnesota’s history. And it didn’t get done
Bemidji Now: Coalition of greater Minnesota cities says to expect higher property taxes with mnleg’s inaction
Albert Lea Tribune: Capitol Comments: Money burning in pockets is never a good thing
Pioneer Press: MN tax breaks, who knows? But here comes the campaign rhetoric
Axios: Minnesota tax credit for historic rehab projects in limbo
Labor market
Faribault Daily News: Local businesses continue to grapple with labor shortage
Star Tribune: Get a job or go to college? In Minnesota’s strong economy, choice becomes harder
Fillmore County Journal: Unemployment sinks to record low; labor force participation rises again Minnesota gains jobs for the seventh straight month; job growth again outpaces the nation
Minneapolis/St. Paul Business Journal: Why hasn’t Minnesota recovered the jobs it lost early in the pandemic?
Grand Forks Herald: Minnesota, South Dakota among states with all-time low unemployment rates
KIMT 3: Tight labor market conditions for teenagers
Agriculture
Finance & Commerce: Walz signs $18.4M agriculture bill for drought relief
Economic development
The Center Square: Minneapolis-St. Paul-Bloomington, MN-WI Has One of the Biggest High-Tech Industries in the Country
Star Tribune: State Capitol stalemate could risk federal infrastructure dollars
Trade
Star Tribune: Minnesota exports rose 13% in first months of the year
Twin Cities Business: Minnesota Exports Up 13% In Year’s First Quarter
Minnesota News Network: MN exports now exceed pre-pandemic level