MinnEcon morning kick-in

From Minnesota Public Radio News

• Gov. Tim Pawlenty is downplaying warnings that Minnesota's state budget will face a significant deficit over the next three years but the state economist says it's very unlikely we'll grow our way out, MPR's Tom Scheck reports.

EconCalendar

Existing home sales data for August are due this morning from the National Association of Realtors. The numbers offer a look at the health of the nation's housing market. Last month, the association reported existing home sales rose four months in a row for the first time in five years.

Older workers crisis?

We've reported on Minnesota's older workers coming up short in their job search. Now comes new national survey data showing nearly half of workers age 55 and older need to find jobs so they don't lose their homes; about the same percentage has been looking for work for more than a year.

Is it just more damage from the recession or is something more? It's certainly something Minnesota needs to explore. The State Demographic Center sees a "huge increase in the elderly work force" coming after 2015. It's about 100,000 now.

Drop me a line or post below if you have some thoughts on Minnesota's aging workforce.

From MPR's Public Insight Network