Economics

The Minnesota Department of Employment and Economic Development (DEED) released employment statistics for August today. Overall, Minnesota added 7,300 jobs last month, and the unemployment rate is holding steady at 4% (compared to 5.1% nationally).
Industries that saw job growth include:
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Participants at a panel discussion following the release of the report.

Participants at a panel discussion following the release of the report.

A new report, The Economic Potential of Minnesotans of Mexican Origin, estimates that 80,000 workers from this group have an aggregate income of $2.5 billion and pay $2.5 million in state taxes. The study by Concordia University economics professor Bruce Corrie is a followup to an earlier study released in 2008. Read More
A report by Concordia University professor Dr. Bruce Corrie will be released today at the Buenger Education Center, presenting data about the economic contributions of Minnesotans of Mexican origin. This event begins at 2:00 and is open to the public. Read More


St. Paul will soon be welcoming new changes in the area thanks to project proposals from a competition called the Knight Green Line Challenge, run by the John S. and James L. Knight Foundation. Read More
Saturday, August 1st, marked a change in minimum wage for the state of Minnesota, upping workers' pay to $9.00 an hour. Read More
Minnesota’s business service firms are indicating stable or improved conditions in the Minnesota economy, shown by the results of a random sample survey this past spring. Read More
According to a survey conducted by Harris Poll on behalf of Northwestern Mutual, 44% of Minneapolis consumers believe that the U.S. Read More
According to an article published on the website of the Chicago Metropolitan Planning Council, Minneapolis is growing at almost five times the rate of its Illinois counterpart. Read More
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