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December 2022 - Minnesota Economic Trends

This edition of Minnesota Economic Trends includes articles that highlight the benefits of employment programs for people released from correctional facilities; offer a primer on understanding recession indicators; analyze wage distribution and wage inequality in Minnesota; examine inflation and wage growth by industry and across states; and more.

A Job Can Change a Life

Minnesota’s extremely tight labor market makes it more important than ever to help connect formerly incarcerated individuals with employment. Recent research shows how a program that prepares people for employment helps those released from correctional facilities, employers and Minnesota as a whole.

Understanding Recession Indicators

A primer on recession indicators and a look at national and Minnesota data, neither of which currently meet standard criteria to be defined as recessionary. This article utilizes data available as of November 2022.

Multiple Jobholding: A Closer Look at Moonlighting

Roughly 2.1 million people across the country have moved into moonlighting since April 2020. Who is moonlighting and what do we know about what spurs people to take a second job?

Minnesota Wage Distribution Analysis: Article One

An analysis of how the Pandemic Recession affected the distribution of hourly wages of Minnesota workers and how the recent rise in inflation is influencing growth in hourly wages of workers.

Minnesota Wage Distribution Analysis: Article Two

An analysis of how the Pandemic Recession affected the distribution of hourly wages of Minnesota workers and how the recent rise in inflation is influencing growth in hourly wages of workers.

Post-Pandemic Recession Wage and Inflation Growth: Comparisons across Industries and States

This article reviews wage growth in Minnesota and the U.S. with comparisons between industries and across states, where available.

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