Minnesota jobs stagnating

  • Article by: ADAM BELZ , Star Tribune
  • Updated: June 14, 2012 - 9:55 PM

The state shed jobs for a second straight month in May, but its unemployment rate remained well below the 8.2 percent national rate.

  • 27
  • Comments

  • Results per page:
tani12Jun. 14, 1210:23 AM

900 jobs a month. Well thank god we're building a stadium for the Vikings which will create, oh, about a month's worth of jobs for a billion dollars.

27
16
mitchell24Jun. 14, 1211:28 AM

tani12 - I am a little bias since I am in the construction industry, but when you build infrastructure including a new stadium you hit multiple facets of industry in the economoy. For instance when you build a stadium there is the labor force, equipment suppliers, parts suppliers, fuel and oil suppliers, engineers, architects, insurance and bonding companies, union labor, equipment rental companies, attorneys, safety companies & suppliers and the list is endless. Plus it is all taxable which ends up in the states hands. The stadium could really be a great thing for MN.

20
19
brian15Jun. 14, 1211:32 AM

we better use that just discovered tax windfall to hire some government ditch-diggers and paper-pushers. that'l get things cookin!

16
9
one4thepeepsJun. 14, 1211:50 AM

Signs are more positive than this lukewarm report shows. Is your glass half empty or half full? It's positive and hopeful that vital industries in manufacturing, construction, health and education all show great signs of growth. Meanwhile, mortages and real estate are booming, as houses can't sell fast enough. We are on the cusp here of great economic growth!

8
24
research2dayJun. 14, 1211:50 AM

@tani12, Are you really that uninformed? Let's see: About 650 construction jobs, which will need: a couple 1,000 manufacturing jobs (with an incentive for using local manufacturers); and then we have to transport all those materials, and account for them, and inspect them, and secure them (security guards), design them, engineer the grounds to put them on including utilities, water, sewage, traffic, building, urban regulation compliance; then we have to insure all the operators and operations involved, as well as finance the numerous construction stages. And did I mention, all those construction people need transportation to and from the site, they need lunch and cold water to drink. All that dirt that has to be excavated and removed has to purchased by yet another company that employs others to move it for them. And how about all the technology that has to go into it: locking systems, safety systems, computer and communications systems, video security systems, phone systems; all of which requires the employment of hundreds of highly skilled specialists, designers, engineers and installers. Tani12, to be honest, there is much more but my fingers are going numb. As for all of this lasting only a month; .... are you kidding? This will take about five years. That's about one-quarter to one-sixth of a working career. So please, stop the ridiculous comments. The reality of our society is that jobs are no longer for life. You have to compete for jobs and for commerce as a whole. If you can't employ all those people, let those who can, do so. I think those who get the work will be very happy to accept it.

15
15
research2dayJun. 14, 1211:53 AM

@brian15, Are you kidding? You have no clue how many people are going to get work because of that project. There are many of us who see working hard and creating something better as a far better alternative to crawling into some hole and complaining. Yes, people are going to make money. That's how our society works. Get over it.

11
14
stoneageJun. 14, 1212:08 PM

"The stadium could really be a great thing for MN."........Yep! Against all studies and research over decades discounting that, THIS stadium project will be THE one that changes everything. Right!? We are definitely the most shortsighted society ever.

21
11
alanfromplyJun. 14, 1212:32 PM

I wonder how many of the companies that cut jobs also cut the dividend they pay their shareholders (remember that dividends are taxed at only 15% - far lower than the rate the 900 people will pay on their unemployment benefits) or how many of the CEO's of those companies had their compensation. Wait, I think I do know - None.

10
15
theagonybhoJun. 14, 1212:36 PM

one4thepeeps, what planet are referring to? Mn losing jobs 2 months in row, nationally 3 months of increasing unemployment, stocks headed south, economy flat, retail sales down, consumer confidence down, manufacturing down, gas high, housing market flat and the biggest tax increase coming in January in the history of the country and you say were on the cusp of great economic growth?

14
7
glamorousvivJun. 14, 1212:40 PM

"Is your glass half empty or half full?" one4thepeeps, this has got to be one of the most naive posts I have ever seen. It's not 'my glass' that I'm worried about. It's my bank account. I need to pay my bills or I will lose everything. And at this point in time, I am just praying something breaks in the next few weeks, or I will be out on the pavement. Has nothing to do with my outlook. Has everything to do with the notice I received from my mortgage company.

15
4

Comment on this story   |  

ADVERTISEMENT

Connect with twitterConnect with facebookConnect with Google+Connect with PinterestConnect with PinterestConnect with RssfeedConnect with email newsletters

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT