The Minnesota Department of Employment and Economic Development will give $4.3 million of taxpayer money to five private businesses through the Minnesota Job Creation Fund and the Minnesota Investment Fund.
The state says these projects will create 321 jobs over the next three years and will eventually boost the local tax base.
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Minnesota businesses are rushing to figure out the impact of new COVID-19 rules President Joe Biden announced Thursday that could affect 100 million Americans.
The mandate requires all federal workers and contractors get vaccinated, with limited exceptions. Biden said the Department of Labor’s Occupational Safety and Health Administration (OSHA) is developing an emergency rule to require all employers with 100 or more employees to vaccinate employees or test them weekly.
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Minnesota’s unemployment rate increased to 8.1 percent in April, the first full month impacted by coronavirus restrictions.
Between March and April, the state’s unemployment rate jumped from 2.9 percent to 8.1 percent. Nationally, the unemployment rate rose from 4.4 percent in March to 14.7 percent in April.
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Minnesota has now seen more unemployment applications during the coronavirus pandemic than during the “Great Recession,” the state’s chief economic commissioner revealed Thursday.
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Minnesota has seen 464,513 new applications for unemployment insurance since the beginning of the coronavirus pandemic.
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Minnesota has seen 385,318 new applications for unemployment insurance since the beginning of the coronavirus pandemic, Department of Employment and Economic Development (DEED) Commissioner Steve Grove said Thursday.
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Minnesota has seen 182,000 workers apply for unemployment insurance since the beginning of the coronavirus pandemic, Department of Employment and Economic Development (DEED) Commissioner Steve Grove said Thursday.
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