The historically low supply of homes in the Twin Cities means a dearth of listings for sale ... and bidding wars that take place over the few available homes. The steep competition is prompting some real estate agents to market homes privately, before they're listed publicly. The practice is legal, but some real estate agents think it's unethical.
A two-year decline in foreclosures in Minnesota continued in the first three months of this year, according to a new report.
A number of indicators point to continued improvements in the Twin Cities housing market.
Legislation has passed banning the section on employment applications asking job seekers to disclose whether they've been convicted of a crime. Hiring managers may still ask about criminal records during the screening process, but the new law is to prevent a record from being an automatic disqualifier. Supporters say people deserve a second chance. Skeptics say it will require costly changes to hiring procedures.
The latest report from the Minnesota Trade Office shows that the state's companies exported a record nearly $21 billion in products last year.
Twin Cities housing market has hit the bottom and is now climbing back up, says an industry expert. Recent reports show mounting improvements. Buyers are waging bidding wars as they compete for scarce resources, and new home construction activity is spiking
The company office is getting a major facelift. Businesses are increasingly moving away from individual offices and enclosed cubicles to more open environments. While there's big cost savings, critics say the changes come with productivity losses.
Small business owners in Minnesota are more optimistic about the economic recovery compared to their cohorts in other states.
Minnesota's unemployment rate dropped a notch to 5.4 percent in March, according to figures released Thursday by the Minnesota Department of Employment and Economic Development.
A survey of Minnesota's manufacturing executives shows that the cost of healthcare is one of their top concerns.
Minnesota's chief labor market analyst said he is concerned that the nation's recent jobs report could signal weakness in the state's employment numbers, due out this week.
If recent patterns hold, a report out Wednesday morning will likely show Twin Cities home prices continued to rise in March. In the past few months, prices have jumped as much as 16 percent over the same period last year. But real estate experts and professionals disagree on how long prices will continue to rise so sharply.
Job candidates might be nervous about efforts by potential employers to look for them on social networking websites like Facebook or Twitter. Unless applicants have strict settings on their social media accounts, they may broadcast revealing details about their lives, including their drinking habits, political views, weight, race and marital status. Such information makes some employers nervous.
Narayana Kocherlakota's formal outlook has not changed but he is sanguine about the economy's ability to withstand troubles in Europe and uncertainties at home.
Unemployment insurance taxes from businesses would be slashed by a total of nearly $350 million under Gov. Mark Dayton's revised budget proposal.