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


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

Minn Post: Budget deal includes several provisions left out of ‘global’ agreement signed by Walz, legislative leaders

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.