Minnesota’s Economic News – W/E 8/28/20
State and local taxes and spending
The Center Square: Minnesota residents pay 11.2 percent of their income in state, local taxation
Star Tribune: Prudent budget caution as St. Paul recovers
Star Tribune: Minnesota officials to decide next week on program for extra $300 in unemployment benefits
Star Tribune: Pandemic has added fuel to government debt fire
Inforum: Moorhead property tax rebate program up for council vote Monday
Finance & Commerce: Coalition urges bonding action
Labor market
Star Tribune: Minnesota’s job growth slows in July as unemployment rate falls to 7.7%
KSTP: A look at in-demand jobs and who’s hiring in Minnesota amid the pandemic
Finance & Commerce: Minnesota gains 32,500 jobs; construction loses 400
Valley News Live: Minnesota’s jobless rate falls to 7.7% but job growth slows
Willmar Radio: Minnesota unemployment rate drops in July
WCCO: COVID-19 Pandemic Stalls Out Construction, Leaves Nearly 9,000 Workers Jobless
Montevideo American News: Minnesota’s unemployment rate drops to 7.7 %
Duluth News Tribune: DEED Commissioner’s View: In pandemic, state working to connect Minnesotans to jobs
KROC: Rochester area still down about 10,000 jobs
WDIO: Northeastern Minn. job market continues slow recovery
KIMT3: DEED: Olmsted County jobless rate at 7%
Economic development
Park Rapids Enterprise: Utke: Second appeal of the Line 3 project will further cripple economy
Minn Post: The fight over the Minnesota Department of Commerce’s role in the Line 3 pipeline project, explained
Economic growth
KRVN: Rural Mainstreet Index inches up for August
Pioneer Press: Hired to spur Minnesota’s economy, state jobs czar Steve Grove now striving to get it back on track
Star Tribune: In Duluth, economic recovery is stalled by uncertainty
WDIO: DEED Commissioner discusses economic recovery efforts with Duluth businesses
John Phelan is an economist at the Center of the American Experiment.