Minnesota’s Economic News — W/E 9/22/23
Economic growth
Star Tribune: Minnesota med-tech startups on pace to raise more than $1B again this year
Star Tribune: Minnesota factories, dealerships brace for trickle-down effects from UAW strike
Twin Cities Business: Report: Minnesota Faces a 168,000-Worker Gap
State and local taxes and spending
West Central Tribune: City of Willmar proposes 15% increase for the property tax levy
Rochester Post Bulletin: Rochester, Olmsted County prepare to set property tax levy caps for 2024
KSTP: Proposed St. Paul sales tax increase to be discussed at Monday night virtual forum
Rochester Post Bulletin: What happens if Rochester’s half-cent sales tax ends?
WCCO: Hennepin County approves 6.5% property tax levy increase for next year
Star Tribune: Hennepin County Board sets maximum levy hike at 6.5%
Star Tribune: Rochester council signs off on 9.4% maximum tax levy increase
Rochester Post Bulletin: Olmsted County caps potential 2024 tax levy at 5.2% increase
West Central Tribune: Willmar council OKs 15% hike in preliminary levy but aims to trim it
New Ulm Journal: New Ulm tax levy set at 5.78% increase
KIMT 3: Olmsted County sets preliminary tax levy
WJON: Becker sets preliminary tax levy
WDIO: Possible rising property taxes with Duluth Public School referendum
Detroit Lakes Online: Becker County property tax levy set to go up nearly 6%
Hometown Focus: St. Louis County Board considers property tax levy for 2024
Economic development
Duluth News Tribune: Local View: Minnesota mining has no link to child labor in Africa
Duluth News Tribune: Local View: Economic developers are ‘lost in the jungle’ without support
Labor market
Axios: Report: Minnesota is in a 168,000-worker hole
Minnesota Reformer: Telework is here to stay in Minnesota, latest Census data show
WCCO: Minnesota gained 4,400 jobs in August, DEED’s job report shows
Star Tribune: Minnesota unemployment rate ticks up a bit as more people reboot job searches
Minnesota Reformer: Minnesota keeps adding jobs, but there aren’t enough workers to fill them all
Rochester Post Bulletin: Minnesota on a job growth run; Olmsted County’s unemployment rate hovers at 2.5%
KSTP: Data shows Minnesota added 4,400 jobs in August
KAAL: Minnesota marks half year of steady labor force growth
Minneapolis/St. Paul Business Journal: Minnesota continued growing its workforce in August
KIMT: DEED says Minnesota has had six months of steady labor force growth
Mankato Free Press: Local job numbers shoot up 5.8% year over year in August
Voice of Alexandria: Minnesota gains 4,400 jobs last month, job market remains “tight” locally
Pioneer Press: Minnesota added 4,400 jobs in August; unemployment rate at 3.1%
Economic development
KTTC: Gov. Walz announces $23 million for economic development in small communities
Kare 11: Nearly $24 million in grants awarded to Greater Minnesota communities to help boost development
Lakeland PBS: Greater MN Cities Awarded Grants for Economic Development
PBS: Minnesota grapples with nickel mining impacts as EV manufacturing raises demand