The state's entire forecast balance is already allocated under state law, which requires $5 million to go toward rebuilding state reserves and the remainder to pay off debt.
Workforce + Talent
The state's employment-driven by the private sector-continued to grow in January; still, government jobs continued their decline, and some of the drop in unemployment may be attributed to decreased labor force participation.
A just-released state report shows that Minnesota employers reported 49,900 job openings during the fourth quarter of 2011, about 53 percent of which were for full-time, permanent positions.
The Plymouth-based company said that Shelly Ibach, who joined it in 2007 and moved up to the C-suite last year, has been one of the "key architects" behind its growth formula.
Christopher Puto, who has served as dean of the University of St. Thomas' Opus College of Business since 2002, will step down on June 30.
The Governor's Workforce Development Council recommended that in order to fill the state's skills gap, state programs that provide career-specific training to adults must be introduced or expanded-recommendations that are similar to initiatives proposed in Governor Mark Dayton's jobs plan released last month.
The majority of the 800 cuts will take place by February 25, and they affect all Supervalu offices and most company departments.
Northwestern Mutual's Twin Cities offices expect to hire 94 financial representatives and 206 interns in 2012; Northwestern Mutual says that 45 percent of its senior field managers began their careers with the company as interns.
Jonathan Kaplan, who has served as president of Walden University since 2007, was named its CEO; succeeding him as president is Cynthia Baum-who was Walden's executive vice president.
The first of four public interviews will feature Randall Peterson, deputy dean of faculty and professor of organizational behavior at the London Business School.
Minnesota's unemployment rate dropped another 0.2 percent in December to reach 5.7 percent, as the state added 7,900 jobs.
Peter Hutchinson, who has served as president of the St. Paul-based foundation since 2007, will step down this month but will continue to serve in an advisory role for select projects.
Chuck Runyon's new book acknowledges that "working out may suck," but it cites alternatives like heart disease, diabetes, and less sex as much worse.
A federal program that gave up to 13 weeks of extended benefits to long-term unemployed individuals is being phased out in Minnesota and nine other states.
The struggling retailer has hired a new president for a one-year term, and disappointing third-quarter results have led it to suspend its dividend.
Despite the dropping unemployment rate, state officials say the state continues to shed jobs, and the conflicting indicators make it difficult to draw clear conclusions about Minnesota's labor market.
Charles Du and Duncan Hurrelbrink of Minnetonka High School represent one of five teams that will advance to the championship round in a national math and retail competition.
Minnesota lost about 6,100 jobs during the month, but some sectors that have been struggling, including the construction industry, saw year-over-year gains.