Like many organizations that get money from the state, hospitals and health care providers are planning for a state government shutdown. But they’re also dealing with the ripple effects from last year’s budget-balancing agreement.
Northern Minnesota is more reliant on state jobs in an important respect. When compared to the statewide totals, Northern Minnesota’s workforce does not have a much higher percentage of state employees. The impact would come from the wages they earn.
Cold Spring Bakery in Cold Spring, Minn. has been open for over 60 years and Lynn Schurman has worked there for nearly 40 of them. Lynn is the co-owner of the bakery along with her husband and brother-in-law and she was kind enough to take a break from her busy day to tell me how her business if faring these days. Here are three key insights she shared with me:
A staffing company that works with smaller manufacturers in Wisconsin and Minnesota hired over 600 temporary, contract and direct placement workers for their clients last year – a potentially hopeful sign for the struggling economy.
Brian Finstad sought retraining after being laid off from his factory job, only to find himself back where he started.
In farm communities around Minnesota, farmers are wondering who will carry on their work after they are gone.
We’ve heard a lot about professions hurting due to the recession, but is it possible that consulting is one of those rare recession-proof fields? According to the U.S. Bureau of Labor Statistics, the consulting industry is expected to be one of the fastest-growing this decade.
Peggy and John Palumbo once hoped their home equity would finance their dream to open a restaurant. But when home values unraveled in the recession and they couldn’t find a seller at the right price, they needed a new plan.
Since the economic downturn started we’ve been checking in with sources in our Public Insight Network who are looking for work. We asked them earlier this week how things are going and learned that many remain jobless. But about an equal number have now found work. The problem is most of those jobs are temporary or contract jobs without benefits. Workers who land them still face uncertainty and continued job hunting.
In 2004, the gluten-free market was worth $580 million. By 2012, it’s expected to be worth $2.6 billion.