DEED Roundup - February 04, 2019

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February 04, 2019

DEED in the News

Xcel planning to build more green energy

Coal no more? Becker bets on natural gas, recycling and, maybe, Google

MPR News- 1/28/19

For more than 40 years, Sherco's huge smoke stacks have stretched into the sky on the west side of the town, churning out clouds of white steam. The news earlier this month that Google is looking to build a $600 million data center next to Sherco created quite a buzz among the city's roughly 5,000 residents. According to DEED, the Google project could create 2,000 construction jobs for 18 to 24 months, as well as 50 permanent jobs. The data center would be powered by two dedicated wind projects.

When firms disclose wages the pay gap narrows—but not because women get paid more
CNBC Make it 1/31/19

Legislation that requires companies to reveal gender pay disparities will shrink gender wage gaps, but not necessarily increase women’s wages, according to new research from the Harvard Business Review. “Shaming businesses into proper behavior by requiring they make these disparities publicly available and having them explain it — it’s an effective strategy,” Steve Hine, a labor economist at DEED, told CNBC Make It. “You raise awareness of issues when you can present data on a topic like this.”

Recent Blog Posts

Report: MN Equity Grants Have Helped Nearly 1,500 Businesses, Train Almost 50,000

Grants for programs that assist Minnesotans of color, women, youth and people with disabilities have helped nearly 1,500 businesses and assist almost 50,000 career seekers and youth with employment, education and support services across the state, according to a new report released by DEED.

Unemployment Drops, but Labor Force Growth Lags

With the recent change in the gubernatorial administration and January coming to a close, it’s time to look back over the past eight years of the Dayton administration, assess Minnesota’s employment conditions, and see how current conditions compare to those in play during previous administrations.

Did You Know?

This past week was cold but the coldest day on record in Minnesota was February 2, 1996. On that day the town of Tower recorded minus 60 degrees Fahrenheit. You can see what the coldest day was for every other state on 24/7 Wall St.  

Minnesota's coldest day was 2/2/1996