economy

Minnesota's seasonally adjusted unemployment rate has spiked to a level that has not been seen since at least the mid-1970s.

The Minnesota-based Target Corporation today announced a permanent two dollar per hour increase in the company's minimum wage will take effect next month.

The ranks of the unemployed in the Rochester area set an all-time high last month.

The coronavirus pandemic has pushed Minnesota's seasonally adjusted unemployment rate to the highest point it has been since the summer of 1983.

The data from a respected regional economic report illustrates the impact of the coronavirus pandemic.

Seasonal factors helped push the Rochester area’s unemployment rate higher last month but it remained the lowest in the region.

Downtown Rochester is losing another long-time agricultural business.

A new survey of bankers indicates a waning economy in rural parts of 10 Plains and Western states, and weak farm income is hurting producers' ability to borrow money from banks.

The unemployment rate for the Rochester area was steady last month at just two-percent.

Two planned developments in Rochester are on a list of projects throughout Minnesota that will share in $254 million in state funding.

Rochester is losing another longtime business.

A new report singles out Rochester for having the lowest poverty rate in the nation.

The labor market in the Rochester area is not quite as tight as it was a year ago but unemployment remained extremely low last month.

A Chinese medical technology company is setting up shop in Rochester.