Economic Trends - June 2012
This issue of Minnesota Economic Trends takes a close look at the Minnesota economy three years after the official end of the Great Recession. In some ways — unemployment, wage and salary growth, and job creation — the state economy is doing relatively well. In other ways, it continues to struggle. The ranks of the long-term unemployed remain abnormally high, and many people have returned to work in jobs that pay substantially less than the jobs they held before the recession.
The rest of the issue focuses on the state’s six major regions, including an examination of the retail sector in southwestern Minnesota and a look at the dominance of gas station employment in the northwestern part of the state.
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