Back in 2020, I noted that the growth or otherwise in Minnesota’s state tax revenues seems to be a function of the growth or otherwise of the state’s economy rather…
On May 25, 2023, the Minneapolis City Council unanimously voted to ban new heavy industries and limit the expansion of existing facilities in the city via an update to city…
Last week I wrote about data showing that the number of people out of the labor force since the pre-pandemic peak has seen its 13th greatest increase in Minnesota. One…
Last week I noted that Minnesota is one of only 13 states not to have regained its pre-pandemic number of private sector jobs. This came after the state lost 5,700…
Last month, Minnesota’s media celebrated the fact that our state had recovered all the private sector jobs lost in pandemic — none mentioned that this was after 34 other states…
Minnesota’s media is in celebratory mood: Star Tribune: Minnesota has finally recovered all private sector jobs lost in pandemic KTTC: DEED: Minnesota private job sector recovers from pandemic job loss,…
It’s no secret government unions have achieved near total power in politics, but based on declining membership numbers, there appears to be a diminishing appetite among public employees for unions’…
Minnesota’s media is reporting that the state added 14,100 new jobs in January. What is being reported somewhat less is that the number of Minnesotans actually employed fell by 423.…
Why the state’s economic outlook isn’t as rosy as the Walz administration makes it seem.
The personal care assistant (PCA) program is slated to receive an additional $247 million per year, according to budget documents filed this week (page 25). The proposal (p. 28), would…
Data from the Bureau of Labor Statistics shows that Minnesota lost 5,200 jobs in December. And as always, that's still not the full story.
Recognizing important economic relationships allowed us to see inflation coming back in 2021. Today, they strongly suggest a sharp slowing of inflation ahead.
These are some of the headlines in Minnesota’s media: KNSI: Walz Says Minnesota Added Jobs For 14th Straight Month Pioneer Press: Minnesota sees 14th straight month of job growth; 6,800 jobs added…
Last week, the Bureau of Labor Statistics (BLS) released data showing that the United States economy added 263,000 jobs in November. Some, such as Senator Elizabeth Warren, saw this as unequivocally good news:…
The Star Tribune reported last week that Mankato “has the lowest unemployment rate forany metro in U.S.” So it does, as Bureau of Labor Statistics data show. The Star Tribune…
Despite the rosy reports of new jobs carried by Minnesota’s media, when we look at the number of people actually employed in our state, that number has fallen by 27,700…
Minnesota’s media carried the following stories last week: Twin Cities Business: Minnesota Unemployment Rate Inched up to 2.1% In October Pioneer Press: Minnesota added 17,000 more jobs in October, the…
Over 100,000 employed workers stayed out of work in October due to issues with childcare, according to the Bureau of Labor Statistics (BLS). This is over double the amount during…
Today the Bureau of Labor Statistics (BLS) released data showing that the rate of inflation for October was 0.4%. This was the same as the rate for September; even so…
We have long noted Minnesota’s relatively poor record in nurturing new businesses. Our last report on the state of Minnesota’s economy found that: …in 2020, New and Young Businesses —…
Even before the pandemic, high-quality affordable childcare was hard to come by. One of the reasons for that was the fact providers could not find qualified workers to take care…
On Friday, the Bureau of Labor Statistics (BLS) released data showing that the United States economy added 261,000 jobs in October. Some, such as Treasury Secretary Janet Yellen, saw this…
Last week I submitted an op-ed to two of the state’s major opinion platforms correcting some of the egregiously false statements made recently about Minnesota’s economy. Both declined to run…
Last week, Republican Gubernatorial candidate Scott Jensen released his 10-point plan for Northern Minnesota. Among his proposals was a plan to save the Boswell Energy Center, a 922-megawatt coal-fired power…