Minnesota’s Economic News — W/E 8/2/24

Labor market

KROC: Jobs Data Show June Was a Record-Setting Month in Rochester Area

State and local taxes and spending

Minnesota Reformer: Study: Undocumented immigrants paid $222 million in Minnesota taxes in 2022

Star Tribune: Why is my Minneapolis tax bill so high? Five charts to help explain

Star Tribune: St. Paul Mayor Melvin Carter offers budget with smaller property tax increase, urges voters to hike sales tax

Patriot News: Stearns County implementing new property tax system

Economic growth

Star Tribune: Ramstad: As decisions on VP and interest rates loom, let’s get a grip on Minnesota’s economy

Star Tribune: Minnesota businesses struggle to hire qualified workers, grapple with rising costs