Minnesota’s economy took a big step forward in 2014, with the unemployment rate dropping to its lowest level in nearly 14 years and employers creating more than 33,000 jobs. Employment reached an all-time high in the state and showed every indication of continuing to grow in 2015. Read More...
In January of 2014, the state’s unemployment rate was 4.7 percent. With an 18 percent reduction in unemployment insurance claims compared to the year before, Minnesotans were getting back to work. Last year at this time, it seemed like Minnesota had finally put the Great Recession in its rear-view mirror.
But even with the good news going into the New Year, we still couldn’t have predicted all of the success we were about to realize collectively in 2014.
In 2014 DEED’s work to strengthen talent, innovation and trade in the state made tremendous headway. Clearly, Minnesota veterans embody an enormous amount of talent. Here are some ways DEED burnished their credentials even more.
Last month, DEED and the Minnesota Department of Human Services applied for federal funding that would provide training for long-term unemployed Minnesotans, enabling them to transition out of public assistance.
Most everyone is thinking about the holidays – and for many people that means shopping for just the right gift for friends and family.
The Made in Minnesota directory , launched in 2013 by DEED, provides the perfect venue to shop for holiday gifts while supporting the local economy. And in the spirit of Cyber Monday, some of these companies offer especially good shopping opportunities online.
Judy K. Lundy, president, COO and cofounder at Mill Creek Life Sciences LLC, a company that developed a better protein supplement to grow stem cells, found that getting investors for funds to commercialize her company’s product wasn’t easy.Read More...