Minnesota’s Economic News — W/E 9/9/22

State and local taxes and spending

Star Tribune: Minnesota legislators are considering lifting taxes on federal student debt relief

KFGO: Minnesota Democrats say no state income tax on student loan forgiveness

KIMT 3: Some states, including Minnesota, could tax Biden’s student loan debt relief

KEYC: Minnesotans react to student loan forgiveness being subject to state taxes

Fox 21: City: Duluth’s Tourism Tax Revenue Up ‘Significantly’

Detroit Lakes Online: City of Perham predicts 30% tax levy increase; presentation planned Sept. 28

Bloomberg: NFTs, Crypto on the Radar of Minnesota, Michigan Tax Authorities

WJON: Becker sets preliminary tax levy

Pioneer Press: St. Paul’s East Side, North End likely to see biggest property tax increases

Minn Post: Scott Jensen’s tax plan is bad for Minnesota; would unfairly burden lower income individuals

Duluth News Tribune: Duluth mayor pitches 8.9% bump in city property tax levy

Labor market

Mshale: As Minnesota sees lowest unemployment rate ever, efforts are underway to include immigrants

Red Lake Nation News: Minnesota’s Black Labor Force: An analysis of demographic, economic, and educational trends and disparities

The Washington Post: Record hot labor market has Minnesota scrambling for workers

Star Tribune: Minnesota’s Black jobless rate climbs while overall figure hits record low

Brainerd Dispatch: Job openings plentiful in the lakes area

KVRR: How do labor laws & minimum wages impact those in MN & ND?

Fillmore County Journal: Minnesota’s unemployment rate holds at all-time low: 1.8% Job growth strong, more than double the national rate

MPR News: Behind the numbers for Minnesota’s hot job market

Economic development

Minn Post: $160 million closing fund: Good for large corporations, bad for Minnesota

Economic growth

Star Tribune: Address long COVID as an economic drag

KTOE: Report: 3M Planning Layoffs To Adjust To Slowing Economy

Finance & Commerce: Economic Club of Minnesota discusses supply chain, labor