Businesses respond to minimum wage hikes in a number of ways. When the costs of labor rise, businesses could lay off workers or reduce their hours. Some reduce fringe benefits.…
A round-up of the last week’s economic news stories in Minnesota.
Comparing border counties reveals the real impact of Minnesota’s economic policies.
When it came time to help the Twin Cities get back on their feet, Minnesota’s business community took a pass.
Already facing some of the highest childcare costs before the pandemic, Minnesota's center-based care cost per child grew about 60% amid COVID-19. This is the 13th highest rate of growth…
There is very little, if any, that Amazon stands to lose by supporting a $15 minimum wage. A minimum wage hike, however, has the potential to decimate Amazon's competition–small businesses.
If Minnesota legislators want to help businesses and laid-off workers, they should focus on removing restrictions that are currently in place in the hospitality industry.
New research by the Congressional Budget Office concludes that raising the minimum wage to $15 would lead to 1.4 million job losses while only lifting 0.9 million out of poverty.…
A round-up of the last week’s economic news stories in Minnesota.
What is fair when it comes to taxes is hard to strictly define and probably fluctuates from person to person. However, the most recent data shows that in 2018, not…
AKA Do the Vikings lose because of Minnesota's high taxes?
At the same time, Biden administration must ensure that unemployment-payment increases are only temporary and can nix altogether the $15 federal minimum wage.
According to new BLS data, Minnesota had the third-highest number of job losses in the country only surpassed by Michigan and California.
According to Gov. Tim Walz, taxes on cigarettes are okay because they reduce smoking. But by his own logic, taxes on income should also have a deterrent effect on economically…
A round-up of the last week’s economic news stories in Minnesota.
GDP is not just an obscure word on paper. Whether our level of production shrinks or expands has serious implications on our living standards, quality of life, and general wellbeing.…
It’s a simple fact that income levels in most low-cost states cannot support a $15 minimum wage.
A new study summarizing the literature on the impact of minimum wage agrees that, as a whole, research on minimum wage "point strongly toward negative effects of minimum wages on…
Gov. Walz is demanding 'fair shares' of Minnesotan's incomes. How do you define 'fair'?
A round-up of the last week’s economic news stories in Minnesota.
New data shows that Minnesota's unemployment declined due to people leaving the workforce. Job losses were concentrated in the hospitality industry which saw stricter Covid-19 restrictions throughout the month of…
A round-up of the last week’s economic news stories in Minnesota.
New survey results indicate businesses in the hospitality industry faced a massive decline in revenue and customer traffic due to Covid-19 restrictions in the fall. Bars and restaurants were the…
Times’ columnist is consistently unhelpful.