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Wednesday, January 28, 2004

Minnesota's Job Growth?

Despite efforts by the Fed to keep interest rates low and encourage businesses to start hiring again, Minnesota has yet to see the job market pick up. According to today's Star Tribune a survey by the Minnesota Department of Employment and Economic Development showed that some of the decline in hiring was due to slow hiring in the retail and restaurant industries.

The Strib also reported the quarterly job survey found 50,100 job vacancies in Minnesota from October through December -- down some 5,000 from a year earlier. Get the full story here.