This week, Minnesota Daily reported: The University of Minnesota announced Wednesday via a systemwide email it will increase the student minimum wage to $15 per hour. The change will take…
The proposed Inflation Reduction Act won’t reduce inflation but will increase taxes. A report from economists at Moody’s Analytics said the opposite – or at least it appeared to. Business…
Poor public policies lead to some hard lessons.
As the White House continues to argue we aren’t in a recession, and with the National Bureau of Economic Research not providing an authoritative answer on the topic, the debate…
Only a few things are as expensive for Minnesota parents as child care. According to data from Child Care Aware, the average family in Minnesota spent over $16,000 to send…
Labor market CBS News: Minnesota unemployment rate hits a record low of 1.8% in June Axios: Minnesota unemployment rate drops to historic low KIMT 3: Minnesota’s unemployment rate hit another…
Seems to be the question on a lot of people’s minds. Earlier today, the Bureau of Economic Analysis (BEA) released GDP data for the second quarter of this year. And…
Minnesota’s childcare crisis hurts parents, children, and the communities they live in.
In May, I wrote about Census Bureau data which showed that in 2021 Minneapolis lost 3,678 residents (a decline of 0.9% in its population): To put this in context, in…
Last week, state officials announced the unemployment rate for June. The 1.8 percent level recorded was the lowest ever logged, not just for Minnesota, but for any state in the…
According to the Department of Employment and Economic Development (DEED), as of June 2022, Minnesota’s unemployment is at an all-time low rate of 1.8 percent. Certainly, low unemployment is usually…
Minnesota’s economic train falls off the tracks.
In May, we celebrated when Gov. Tim Walz signed a bill to reform Minnesota’s liquor laws. The so-called “Free the Growler” bill raised the annual cap on craft beer production…
Up until 2019, New York City landlords in rent-stabilized apartments were allowed to reset rents once a tenant had moved out — also known as vacancy decontrol. But in 2019,…
This just in — Democrats are involved in negotiations that would revive the seemingly dead “Build Back Better” plan, or at least some parts of it. According to new reports,…
Inflation does not seem to be slowing down. In fact, according to the latest data from the Bureau of Labor Statistics (BLS), prices rose 1.3 percent in June compared to…
According to the Havard Joint Center for Housing Studies, the median house price has risen about 12 percent in the Twin Cities between Quarter 1 of 2021, and Quarter 1…
This just in: tenants in St. Paul are complaining that landlords are trying to get around St. Paul’s rent control ordinance by raising prices for utilities. What a shocker! Except…
The Bureau of Economic Analysis (BEA) has released figures for Gross Domestic Product (GDP) by state for the first quarter of 2021: Real gross domestic product (GDP) decreased in 46…
State and local taxes and spending CBS News: Scott Jensen seeks tax cuts to help Minnesotans cope with inflation Willmar Radio: Jensen wants to eliminate state income tax Voice of…
Anyone with basic knowledge of economics could have predicted that St. Paul’s rent control ordinance was going to be a disaster. That is one conclusion that numerous observers have made…
Last year, the President Biden celebrated and took credit for the fact that your Independence Day cookout would cost, on average, 16 cents less than it did in 2020: Since…
Tomorrow, the legal minimum wage in Minneapolis will go up. As Kare 11 reports, this is: …the third time since the city passed a wage ordinance in 2017. Small businesses with…
He superficially understands the “why” but has it all backward on the “what now.” A Pew Research poll last month found that 70% of Americans view inflation as a very big problem…