The event is aimed at connecting black business leaders with each other and the community at large.
The money helps clear way for new housing, commercial projects.
Employment gains have flatlined, and the state added just 100 jobs in May.
The city’s minimum wage will grow to $11 and $12.25 for small and large businesses, respectively. The change marks the third increase in a year and a half.
How a southern Minnesota town has attracted international investment and welcomed change without losing its roots.
Lorrie Janatopoulos will head CareerForce, a team that helps job seekers find employment.
The number of Minnesota workers affected by mass layoffs increased 47% in 2018.
The job vacancy rate also increased, to 4.9 openings for every 100 jobs. Health care and social assistance had the most vacancies of any industry.
Construction led all industries, adding 2,800 positions, while manufacturing shed 1,100, the most job losses of any sector.
A look at different statistics for 17 cultural groups in Minnesota helps illustrate how different residents are doing economically.
The month’s job losses mark the first over-the-year total employment decline since 2010.
The state also flipped its jobs report from December 2018 from 500 jobs gained to 800 jobs lost, which increased Minnesota’s unemployment rate to 2.9 percent that month.
Among the recipients of the awards are Cantel Medical Group and Up North Plastics, which is planning a more than $100 million project that is expected to create 200 jobs.
The Medical Alley Tech Association lauds the move, noting that the Angel Investment Tax Credit generated at least $108 million in investment in the state’s health tech industry over a five-year period.
Despite concerns over trade and weakness
in the agriculture sector, Minnesota bankers expect to see the state’s economy continue
to grow this year.
An annual report by the Minneapolis Downtown Council revealed that amid a population hike, top employers in the city relatively consistent, though some glaring changes from 2017 did occur.
From 2010 to 2017, Minnesota had such a program, which rewards what can be a high-risk bet on entrepreneurs and nascent startups. Reinstating it has been a popular idea among lawmakers from both parties so far in the 2019 legislative session.
Under normal economic assumptions, when the supply of something—labor—is low, its price—wages—should go up.
The state's unemployment rate remained as is for the fourth straight month.
In a $1.8 million project, the company is relocating to a 68,000 square-foot space in St. Paul’s Midway Innovation Center. The move will add 135 jobs to the city’s labor market.