SC Minnesota News

Preparation should be taken for projected deficits despite current surplus, senators say

By Andy Nghiem | Dec 11, 2020

Senate Majority Leader Paul Gazelka (R-East Gull Lake) and Senate Finance Chair Julie Rosen (R-Fairmont) recently released statements on the state’s budget forecast which shows a current surplus of $641 million and a projected deficit of $1.2 billion coming in 2022-2023, according to the Minnesota Senate Republican Caucus.

Declines in Minnesota's unemployment rate caused by workers leaving the labor force

By Andy Nghiem | Nov 22, 2020

Minnesota’s seasonally adjusted unemployment rate fell to 4.6% for the month of October from 5.9% in September, according to the Minnesota Department of Employment and Economic Development.