Search results
Oct 18, 2024 · Take a seat in the Break Room, our weekly round-up of labor news in Minnesota and beyond. This week: Workers’ paychecks are increasing much faster than prices; 62,000 Minnesotans work in green(er) energy; U of M and graduate student union at impasse; fair pay icon Lilly Ledbetter dies; petitions for union elections surge; and Home […]
Feb 27, 2023 · However, many firms pointed to rising labor costs as a bigger challenge for finding and retaining staff, rather than a lack of applicants. One South Dakota business owner explained that “it’s not necessarily difficult to find good people looking to work for our organization, it’s just considerably more expensive to get prospective employees to make a [job] change.”
Aug 7, 2024 · The unemployment rate peaked at 11.2% in the spring of 2020, 3.6 percentage points below the national peak, and it has remained low - not rising above 3% since December 2021.
Sep 11, 2023 · There are wide gaps between sky-high executive compensation and the average worker salary. Housing is gobbling up more of people’s wages, as are rising prices for necessities like food, health care and child care. The state also has persistent racial and gender disparities in income. Here are five charts on the state of labor in Minnesota.
Jul 20, 2024 · The two eyebrow-raising raises are among the largest to come out of recent labor negotiations between the city of Minneapolis and unions that represent the bulk of the city’s roughly 4,000 ...
Year-over-year w age growth have increased at a faster pace over 2021 as a tight labor market has caused employers to increase wages to attract and keep workers. HOW WE STACK UP: To understand the relative pace of employment recovery we are comparing employment for the most current month to the same month one year ago , and the same month in 2019 (pre-COVID-19).
People also ask
How does inflation affect Minnesota's economy?
How has Minnesota's job growth compared to the US?
Does Minnesota have a low unemployment rate?
How does inflation affect Minnesota's purchasing power?
Does Minnesota still have a labor force participation rate?
What happened to Minnesota's unemployment rate in 2022?
Using this index, $100 in April 2022 dollars would be worth just $92.37 in April of 2021 dollars, and $100 from just before the start of the pandemic (February 2020) would be worth less than $90 now. The CPI-W is a more specialized index than CPI-U. It tracks retail prices as they affect urban hourly wage earners and clerical workers.
