Minnesota’s Economic News – W/E 6/4/21
Economic development
Minn Post: In the new economy, lifelong learning is mandatory
WCCO: Enbridge Ready To Resume Line 3 Construction In June
Stillwater Gazette: Writer misguided about Line 3 pipeline
Trade
Hometown Focus: Minnesota exports drop four percent in year’s first quarter
Labor market
Fox 9: Minnesota businesses fully reopen Friday, but where are the workers?
Finance & Commerce: Filling manufacturing jobs
West Central Tribune: With an employees market; Willmar legislator aims to get Minnesotans back to work
Star Tribune: More Minnesota employers raise starting pay, eager to get rolling again
WCCO: Minneapolis Minimum Wage To Increase On July 1
WDIO: Northland hospitality industry weighs in on labor shortage
Minneapolis/St. Paul Business Journal: DEED’s Good Jobs Now campaign has called more than 30,000 unemployed Minnesotans
WJON: DEED Has Called More Than 30,000 Unemployed Minnesotans
State and local taxes and spending
Inforum: Renovating Minnesota’s historic buildings may become too expensive if tax credit ends
The Center Square: Minnesotans pay 13th-highest lifetime taxes, data says
Star Tribune: Minnesota legislators decide details of $52 billion budget in private
Pioneer Press: Walz tells 37,500 state employees they could be laid off July 1 if budget agreement isn’t reached
Hutchinson Leader: Commentary: Tobacco taxes sound good, but hurt the poor and increase smuggling
Pine Journal: After 38,000 state workers get layoff notices, Minnesota leaders aim to avert shutdown
Star Tribune: 38,000 state employees get layoff notices as budget work continues
Economic growth
WCCO: Minnesota Tourism Industry Hopes For Rebound In Summer Months
Star Tribune: ‘Perfect storm’: Minn. pallet makers hit by supply shortages, high demand
KELO: Regional economy continues to be strong
Fox 21: April Tourism Tax Revenue Up 200% From 2020
John Phelan is an economist at the Center of the American Experiment.