- 627K new jobless claims; continuing claims near 5 million
The number of laid-off workers receiving unemployment benefits has jumped to an all-time high near 5 million while new jobless claims remain well above 600,000.February 19, 2009 - Obama unveils $75 billion mortgage relief plan
Seeking to tackle "a crisis unlike any we've ever known," President Barack Obama unveiled an ambitious $75 billion plan Wednesday to keep as many as 9 million Americans from losing their homes to foreclosure.February 18, 2009 - President Obama announces his mortgage aid plan
In its latest effort to stem the financial crisis, the Obama administration announced the details of a $75 billion plan to help struggling homeowners.Midday, February 18, 2009 - Is this the worst Valentine's Day ever?
The slumping economy is hitting flower shops, jewelers and restaurants hard. Even the most ardent lovers, it seems, may have a broken heart this year.February 13, 2009 - Fed: Upper Midwest recession to continue in 2009
The Federal Reserve Bank of Minneapolis is forecasting that the economic downturn in the Upper Midwest will continue through 2009.February 11, 2009 - How people over 65 are making ends meet
A new "Elder Economic Security Index" shows the financial considerations facing people over 65 in Minnesota. Can seniors cover basic needs and stay self-sufficient in retirement?Midday, February 9, 2009 - DFL lawmakers introduce 'People's Bailout'
The "People's Bailout" bill would temporarily lift a five-year limit on welfare benefits, extend unemployment benefits and attempt to reduce home foreclosures, especially in rental properties.February 9, 2009 - Pioneer Press union accepts week-long furloughs
Union workers at the St. Paul Pioneer Press have agreed to take a week of unpaid time off as the newspaper seeks to cut costs.February 6, 2009 - New Ulm plant, with 80 jobs, relocating
The owners of a New Ulm plant that makes electrical servo motors say they will move most of the plant's operations out of Minnesota, affecting about 80 employees.February 6, 2009 - Owatonna firm cuts 100 jobs
Another big Owatonna manufacturer is announcing layoffs. SPX Corp. has laid off 100 employees from its plant in the southern Minnesota city.February 6, 2009 - Jobless rate jumps to 7.6 percent, 598K jobs lost
Recession-battered employers eliminated 598,000 jobs in January, the most since the end of 1974, and catapulted the unemployment rate to 7.6 percent.February 6, 2009 - Hutchinson deals with layoffs at largest employer
The south-central Minnesota community of Hutchinson is working aggressively to support more than 1,000 people who were laid off at the city's biggest employer, Hutchinson Technology Inc.February 5, 2009 - Rochester feels the recession, but economy still expands
Even with the lowest unemployment rate among Minnesota metro areas, Rochester feels the recession's sting.February 5, 2009 - Same job, smaller paycheck
As the economy continues to struggle, more U.S. companies are cutting employee pay. It's a business tactic rarely seen since the Great Depression.January 29, 2009 - Minn. Legislature approves unemployment extension
More than 3,000 jobless Minnesotans would get extended unemployment benefits in the first bill to clear the Legislature this year.January 29, 2009
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