A recent article by @HaleyChinander and Erick García Luna explains how a mix of factors has resulted in very high inflation in the auto repair industry, putting pressure on Ninth District workers. bit.ly/3PRCIeH

Inflation may be falling for most things, but Erick García Luna and @HaleyChinander breakdown what's driving the rise of car repair costs in our district. Want to know more? Find their article here: bit.ly/3PRCIeH

Perfect day for the grand opening of Pimento on the Lake ☀️

“If my car breaks down, I have no money to fix it. If there is any kind of setback, I am screwed.” Car repair costs have skyrocketed in recent years, creating more financial stress for many workers. Find out why in our latest article for Minneapolis Fed: tinyurl.com/3zvkwr3z

Regional Economic Conditions: General Business How are businesses doing currently across Ninth District, and how do they feel about the near future? Join Ron Wirtz & Haley Chinander on 2/23 for a webinar discussing latest results from Jan survey of firms. bit.ly/3ONdyhI

"We significantly raised wages...and saw an influx of higher quality candidates, lower turnover, and higher job satisfaction,” wrote a Montana business owner in a Minneapolis Fed survey. Read more about what businesses shared with us in my latest article:bit.ly/3TmAl6t

“I’m noticing more people at our job fairs who are currently employed but looking for better opportunities.” The Minneapolis Fed recently partnered with workforce agencies to find out what job fair attendees think of the labor market. Read more here: bit.ly/3TyMZ2z

A recent article by @HaleyChinander was cited Monday in Chris Farrell’s economic news roundup on MPR News with Angela Davis. Visit link to hear what job fair participants are saying about the labor market. bit.ly/4af6Jyd

NEW: Unemployment insurance data for Ninth District states is now on the Minneapolis Fed's Regional Economic Indicators Dashboard! Check out changes to both initial and continued claims data here: minneapolisfed.org/region-and-com…

Congratulations to Senior Lecturer Fahima Aziz for her Excellence in Undergraduate Teaching Award and our Department Chief of Staff Kara Kersteter for her Outstanding Service Award! We are so proud of Econ's contributions to UMN Liberal Arts

The share of remote workers tripled from 6% of US workers in 2019 to 18% in 2021 according to @USCensusBureau's American Community Survey. But what does more recent data reveal about remote work trends? Find out in my latest article for Minneapolis Fed: minneapolisfed.org/article/2024/h…

📢Announcing *new* monthly series of quits and layoffs reported by households! We see a notable sign of labor market softening: layoffs have risen steadily and significantly since January 2024. Do I have your attention #JOLTS and #jobsday fans? #econtwitter 🧵1/n

Resident Minneapolis Fed Gen Zer reporting for duty 🫡

“We had planned to add staff, but the downturn in business has made me postpone that,” a North Dakota business owner wrote in a July Minneapolis Fed survey. Read what else business owners told us about hiring and wages in my summary of survey results: minneapolisfed.org/article/2024/h…

The average number of employees per new establishment is lower than before the pandemic, according to data from BLS-Labor Statistics. Read more about these establishment trends in my latest article for the Minneapolis Fed: minneapolisfed.org/article/2024/n…

New establishments surged after the pandemic, but growth has varied across states and industries. Read more about these business trends in a new article by Haley Chinander. bit.ly/3P1LkQ5

Possibly America's favorite peak millennial. nytimes.com/2024/12/06/bus…