Minnesota regains all jobs lost in recession
Source: Minnesota Public Radio
Employers added 12,200 jobs to their payrolls in August. Minnesota now has 2,786,000 jobs, topping the previous peak in February 2008 by 5,100 positions.
"August's employment numbers mark a major milestone in the recovery of Minnesota's economy," Department of Employment and Economic Development commissioner Katie Clark Sieben said in a statement. "We've now recovered all of the jobs lost during the recession, which is one of many positive indicators pointing to continued economic growth."
Minnesota's economy has added 63,100 jobs over the past year, a 2.3 percent growth rate that exceeds the national rate of 1.7 percent, the department said.
The state jobless rate slipped to 5.1 percent in August, from 5.2 percent in July. The August rate is the lowest level since April 2008 and well below the U.S. unemployment rate of 7.3 percent.
Read more: http://minnesota.publicradio.org/display/web/2013/09/19/minnesota-regains-all-jobs-lost-in-recession
The past legislative session had the local GOP howling about how Minnesota was going to be bleeding jobs because we raised taxes on the rich
sakabatou
(42,186 posts)tokenlib
(4,186 posts)Not to be a skunk at the garden party..but the rise of service sector..low wage, crap or no benefit jobs is not a good thing. They need to see what kind of jobs these are...
NickB79
(19,277 posts)Hong Kong Cavalier
(4,573 posts)How about that?
NickB79
(19,277 posts)One of the fights we had this past year was over education funding. The state GOP didn't want it, but the DFL managed to win and get funding for all-day kindergarten statewide starting in 2014. My daughter will start kindergarten in 2015.
That move alone will save us almost $3000/year, because until now the school district we live in charged an extra $300/mo if you requested all-day kindergarten instead of part-time.
Iliyah
(25,111 posts)California have Gov. Brown and jobs are happening, I mean moderate to well paying ones.
Congrats to Minn!
socialist_n_TN
(11,481 posts)NickB79
(19,277 posts)I almost never go out of state, but a friend was having a bachelor party at his parent's cabin near Spooner, Wisc.
Oh god, within 30 minutes of crossing the state border I was on the phone with my wife in utter disbelief. I just had to tell someone about what I was seeing. I mean, I grew up in a rural area with it's fair share of poverty, but holy shit! Houses just run down, falling apart, the small towns filled with boarded-up storefronts, and for comic relief, a great big "Thank You Gov. Walker!" billboard.
This was all within 45 min. of the Twin Cities, too, so it's not THAT far from civilization.
Swede Atlanta
(3,596 posts)They don't care about facts. I hear the same crap that California is in deficit when in fact they now have a surplus thanks to Jerry Brown's budget and tax policies. Minnesota has recovered from the recession. These changes are huge but the baggers have no time for facts.
They will continue to believe that Obama is a Kenyan socialist that single-handedly orchestrated the economic meltdown from his Acorn foxhole. They will continue to believe that the red states give so much more to everyone else and that poor people are just lazy. They don't understand that Medicare and Social Security are "socialist" programs. They want to deny the uninsured access to affordable healthcare and the hungry food assistance. They love the military but want to shut down the government so the soldiers cannot be paid and their families cannot eat.
And of course all of this while they profess that Jesus loves them and that Jesus hates the poor, the blacks, the illegals, the fags, the muslins (pun intended) and anyone else who doesn't wrap themselves up in the stars and stripes.
thecrow
(5,519 posts)I would like to quote you
Doctor_J
(36,392 posts)Nor on any hate radio outlet.
question everything
(47,551 posts)From an article in the WSJ from a few days ago:
Two groups of localities have been doing particularly well over the past two years. Both are supported by fast-paced technological progress, but one has by far the bigger jobs-multiplier effect.
The first group includes cities endowed with a large number of highly educated workers and innovative employersplaces like San Jose, Calif.; Seattle; Austin, Texas; Raleigh, N.C.; Washington, D.C., and Minneapolis. The recession had less impact on these areas, and job growth has been brisk since the recovery began, thanks to sectors like the Internet, software, digital entertainment and biotech.
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And I had a similar reaction.