Minnesota’s unemployment rate dropped to 4.8 percent in October, a rate last seen in January 2008; a declining labor force participation rate, however, has contributed to the trend.
Honors
Multiple studies gauge how businesses are being affected by health care reform, and how they’re bracing for ongoing changes.
Outsell, Quantum Retail Technology, Cardiovascular Systems, and SPS Commerce made Deloitte’s list of the 500 fastest-growing tech companies in North America, based on their revenue growth over a four-year period.
The business group released a 60-page report that makes a case for immigration reform.
A recent list ranked Minneapolis as a top city for veterans to live in, despite significant unemployment disparities between vets and non-vets in Minnesota.
The apartment vacancy rate at the end of the third quarter in the Twin Cities was 2.5 percent; a rate of 5 percent is considered to an equilibrium point between landlords and tenants.
Minneapolis’ median home price, cost of living, and the percentage of its population that is over the age of 50 contributed to its appeal to well-off retirees, according to a recent list.
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Leaders from Minnesota-based Walden University; RBC Wealth Management; UnitedHealth Group; Robins, Kaplan, Miller, and Ciresi; and Faegre Baker Daniels; appeared on this year’s list for demonstrating “outstanding achievement and leadership.”
The shutdown jeopardized Minnesota's September jobs report; with the impasse ended, however, state officials plan to release labor market stats weeks behind schedule.
North Minneapolis, Marshall, White Bear Lake, and Stillwater are among the places where new “taprooms” are either on the horizon or have recently opened.
While Minnesota ranked only 25th based on a combination of its GDP and population growth over the last four years, it appears to be improving.
Fortune magazine named Minnetonka-based UnitedHealth Group’s Gail Boudreaux to its list of the most prominent businesswomen in the United States; meanwhile, several leaders of companies with a major Minnesota presence also made the cut.
An industry trade association said that the wine and spirits business directly supports 13,900 jobs in the state, including about 1,210 workers at wholesaler companies.
Whitebox Advisors is seeking the “best published contribution to the art and science of investing.”
Low unemployment and poverty levels contributed to Minnesota’s high median household income, according to a new list.
Two studies released this year suggest that Minnesota is not a major hotspot for entrepreneurs, but their methodologies open the door to debate.