DEED in the News
Mankato Free Press - 12/20/18
The local region continued to see strong job growth in November, including a big gain in manufacturing jobs. The Mankato-North Mankato Metropolitan Statistical Area saw a 2.6 percent job gain compared to a year earlier, adding 1,537 jobs. The region includes all of Blue Earth and Nicollet counties. Local manufacturers added 528 jobs year-over-year, a 5 percent gain. Government sector jobs were up 6.9 percent.
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Herald Journal - 12/21/18
In November, the Howard Lake City Council approved selling the property to MLN for $125,000. This is the same price the City bought the property for in 2017. The plan is to have the office move-in ready by August. Total project costs are about $530,000 which includes property acquisition, demolition, site testing, related remediation. To offset some of this, the City of Howard Lake obtained about $350,000 from the Department of Employment and Economic Development (DEED) and other outside sources.
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Recent Press Releases
Minnesota’s seasonally adjusted unemployment rate held at 2.8 percent in November, according to data released today by DEED. In November, Minnesota lost 800 jobs on a seasonally adjusted basis. October’s previously announced gain of 3,400 jobs was reduced to 2,500 after revision. Minnesota’s unemployment rate remains the lowest since May 1999 and only three tenths of a point above the all-time low of 2.5 percent in both January and February 1999.
The Public Facilities Authority (PFA) approved loans and grants for water infrastructure projects in two cities totaling $3.52 million. Funding was approved for Winger and Nashwauk. “Communities across Minnesota face serious water-quality challenges,” said Governor Mark Dayton. “This funding supports improvements that will give residents of Winger and Nashwauk access to the safe drinking water they deserve.”
 Recent Blog Post
The new edition of Minnesota: Thriving in the North spells out the benefits of doing business here. It highlights the state’s inviting business climate, innovative atmosphere and world-class workforce. The publication, available in both print and digital versions, is part of DEED’s ongoing work to promote the state’s advantages for business investment and expansion, as well as its culture of innovation and quality of life.
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