Minnesota’s Economic News – W/E 7/23/21

Labor market

Pioneer Press: Minnesota lost 600 jobs in June, first decline since 2020

Grand Rapids Herald Review: DEED: Minnesota’s unemployment rate holding steady

Fillmore County Journal: Minnesota’s unemployment rate holds steady at 4% Jobs picture evolving; employment growth outpaces U.S. over the year

Star Tribune: St. Cloud sees job gains but still 4,500 short of pre-pandemic levels

Economic growth

Minnesota Reformer: Where the economy goes from here

WCCO: Minnesota’s Worst Drought In Decade To Likely Impact Produce, Gas Prices

Economic development

Grand Forks Herald: Minnesota to launch Main Street Economic Revitalization Program in early August

Minn Post: There’s little evidence that film and TV tax credits work. Why Minnesota lawmakers funded a new one anyway


Star Tribune: In rural Minnesota, ‘nothing but upside’ as farmland values near record highs

State and local taxes and spending

Brainerd Dispatch: Other View: Minnesota should invest its budget surplus in Greater Minnesota for a healthier state

Star Tribune: State to give $80M to communities hit by unrest, COVID

CNBC: Some states now offer certain business owners a workaround for cap on state and local tax deduction


Duluth News Tribune: Free-trade deals have failed Minnesota, the nation

Grand Forks Herald: North Dakota, Minnesota governors frustrated over continued border closure