DEED In the News
 Two of DEED's most popular economic development tools are facing substantial cuts in bills moving through the Minnesota Legislature. A Senate measure would cut funding for the Minnesota Investment Fund from $12.5 million to $10.5 million. A House bill goes further, cutting $7 million from the Job Creation Fund and $5 million from the Minnesota Investment Fund. Commissioner Hardy says she's concerned that cutting the funds will leave the state flatfooted in case of a downturn. "I do believe taxpayers are getting a good return on their investment,” she said.
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 Apple Valley officials met with representatives from Dakota County and the Minnesota House of Representatives last Monday at Uponor North America in Apple Valley. Uponor President Bill Gray and other representatives from Uponor gave a presentation about the ways grants from DEED's Minnesota Investment Fund and the Job Creation Fund helped the company expand and hire hundreds of employees.
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The Twin Cities is competing with 14 other U.S. cities to attract the headquarters of the Army Futures Command. The research and development facility will partner with local talent on the next generation of technical innovations for the largest branch of the U.S. military. Local officials see it as a pipeline to high-paying jobs from a steady funding source. No matter where it is located, “this is something that benefits everyone in the region,” said DEED Deputy Commissioner Kevin McKinnon.
Local businesses are having harder time than in the past finding teenagers to fill summer jobs. The unemployment rate for teens dropped to 7.7 percent in March, and the population of young people ages 16 to 19 looking for work in Minnesota has fallen by 6,000. DEED's Oriane Casale says Minnesota probably has more open jobs than teenagers to fill them. |
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Recent Press Releases
The Minnesota Public Facilities Authority (PFA) approved a $28.9 million loan to the city of Minneapolis to rehabilitate and make other improvements at its water filter plant in Fridley. The loan from the PFA’s Drinking Water Revolving Fund will support a $74.5 million overhaul of the plant, which provides drinking water to Minneapolis and several surrounding communities.
Recent Blog Posts
While the how-to's of applying and networking for jobs have changed in some ways, one thing remains the same: You still have to know how to answer difficult questions during a job interview. MinnesotaWorks.net offers responses to some of the thorniest questions that interviewers ask job candidates.
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