The missing economic boom
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…
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…
But 85,000 workers are still missing from the state’s labor pool. Unemployment data were released this week for April. State officials were touting the lowest headline number for unemployment since…
Nebraska, again, lowers its own record for America’s lowest unemployment rate. Minnesota’s rate returns to pre-pandemic level, but lags neighboring states. In data released for December, Nebraska again recorded the…
However, the labor force participation rate is stuck at Jimmy Carter levels. This week, unemployment figures were released for the state of Minnesota, showing that the December unemployment rate fell…
Minnesota’s rate returns to pre-pandemic level, but lags neighboring states. In data released for November, Nebraska again recorded the nation’s lowest unemployment rate since record-keeping began in 1976, at 1.8…
In data released for October, Nebraska records the nation’s lowest unemployment rate, at 1.9 percent. Last week, unemployment figures also were released for the state of Minnesota, showing an unemployment…
On Aug. 16, the Star Tribune reported that with just a week to the state Fair opening, vendors were having a hard time attracting workers. With the Minnesota State Fair…
Thanks to government-mandated restrictions, new BLS data shows that recovery in the job market is continuing to slow down.
Given the fact that Minnesota has historically performed poorly when it comes to business formation, changes need to be made if the state is to capitalize on the recent growth…
For the second consecutive month, Minnesota has seen a drop in unemployment due to people leaving the workforce entirely.
According to the Minnesota Department of Employment and Economic Development (DEED), unemployment fell from 7.4% in August to 6% in September. However, that decline has been mainly driven by people…
The Bureau of Labor Statistics earlier today released data on the change in employment in the leisure and hospitality industry. As to be expected the changes in the industry are…
Nearly 670,000 Minnesotans have lost their jobs since March 16, 2020 due to the Coronavirus shutdown, and on Friday, May 15 at 8:30 AM, the Minnesota State Senate Finance Committee…
Nearly 625,000 Minnesotans have filed for unemployment since mid-March, and every day seems to bring new headlines of small businesses that will not survive the Coronavirus shutdown. Minnesota now has…
The article below originally appeared in the Washington Post. – I know, I was as surprised as you are. Federal Reserve Chair Jerome H. Powell said Tuesday that the U.S. economy…