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