economy

The latest report on Minnesota tax collections suggests the state's economy outperformed expectations during the first month of the year.

The local jobless rate remains well be the peak from last May but it is still over a point higher than the unemployment rate reported a year ago.

State officials say people leaving the workforce is holding down the unemployment rate.

An improving national economic outlook is being credited.

A respected economic report shows optimism about Minnesota's economy has dropped for two straight months but remains strong.

Minnesota's job total is still down over 190,000 from a year ago.

It may be two years or longer before Minnesota recovers the thousands of jobs lost due to the pandemic.

The Rochester Area Chamber of Commerce today named a successor for retiring President Kathleen Harrington.

Fewer people seeking work is pushing the unemployment rate lower in the Rochester area.

Minnesota's unemployment rate is now down over 50-percent from the peak reached in May.