Fed sees faster job growth for Minnesota

Article by: ADAM BELZ , Star Tribune
Updated: January 3, 2013 - 9:44 PM

Federal Reserve economists expect the state's unemployment rate to slip below 5 percent in 2013.

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tooty123Jan. 4, 13 3:14 AM

This is good news but some will state that the numbers are just wrong. Nothing can be said about naysayers.

bigj111Jan. 4, 13 8:02 AM

The numbers are right, but the take-home messge is wrong. Minnesota is better off than many other states because we never had quite as over-heated real estate market as some (California, Nevada, Florida) and we didn't have massive failure of our core businesses (Michigan). So we have much less of a hole to dig ourselves out of. This is a good thing. But this is nothing to get too excited about either. There are plenty of states doing better than we are. Some for the same reasons, some because they have more going for them. But we aren't nearly as bad off as the worst out there.....minimal achievement, in my opinion.

west336Jan. 4, 13 8:29 AM

It sounds like the state economy (along with every other U.S. economy) was just waiting for the fallout of the Fiscal Cliff, and now that we're much closer to knowing that the country will slowly start to gain momentum again in 2013. Seems like the culprit for lower-than-expected 2012 growth...

member11Jan. 17, 13 1:37 PM

The GOP (Group of Pretenders) folks will soon be visiting here to tell you all how this is actually bad news, or BS news, and how you better "hang onto your wallets" because there is nothing but doom and despair on the immediate horizon. Thanks GOP, we can always count on you..