Gov. Tim Walz noted Steve Grove's role in overseeing $15 billion in unemployment payments and $300 million in emergency aid to businesses during the pandemic. Grove was previously a Google executive.
Minnesota’s unemployment rate is near a historic low. Although it ticked up slightly in December, it stands at 2.5%, a full point below the national rate.
In December, the Initiative Foundation approved 13 projects with investments totaling $3.9 million in Brainerd, Cold Spring, Little Falls and Pine River.
Bree Maki: "At the Department of Employment and Economic Development’s Office of Broadband Development, we’re working hard to get broadband to more Minnesotans who need it."
“Facing the tightest labor market in America, we know Minnesota businesses can’t create a larger workforce out of thin air,” said DEED Commissioner Steve Grove. “A key strategy has to be automation ..."
Minnesota’s labor force participation rate — measuring the amount of people working or actively seeking work — dropped two-tenths of a percentage point to 68.2%.
With proposals to modernize the H-2A seasonal visa program, state labor unions, legal experts and a southern Minnesota local orchard speak to how federal and state labor regulations play out in Minnesota.
In June, Minnesota had the lowest state unemployment rate ever recorded in the U.S., and that means workers are harder than ever to find. Harder — but not impossible.
May’s rate is the lowest rate reported since the state started tracking the metric in 1976, according to the Department of Employment and Economic Development. Construction posted the strongest gains.
The grants will support economic development projects in downtown areas and select corridors in Brainerd, Cold Spring, Little Falls, Long Prairie, Pine River and St. Cloud/East St. Cloud.