The Twin Cities is in the running for millions of federal dollars as a newly designated "tech hub." It could determine whether our longtime status as a medtech epicenter continues.
The effects higher prices, greater competition and out-of-state landlords showing less care for properties and renters are becoming harder to ignore as some neighborhoods are transformed.
Minnesotaâs economic recovery in 8 charts By Todd Epp
(Article by Rilyn Eischens, The Minnesota Reformer. The article first appeared here in the TMR.)
Minnesotaâs economy is making progress, but still has a ways to go to reach pre-pandemic levels.
The recession brought on by COVID-19 was like nothing the state or nation had ever seen, with some of the highest rates of unemployment on record â and the economic recovery seems to be equally unusual so far, economists say. Metrics like unemployment and labor force participation have stagnated, while job growth has been irregular.
âWhat weâve found in this pandemic and coming out of it is that those same kinds of standards for determining progress are somewhat complicated,â due to changes in seasonal hiring patterns, said Steve Grove, commissioner of the Minnesota Department of Employment and Economic Development, in a July news conference. âThis recovery from the pandemic is not going to
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