The latest jobs report from the state shows Minnesota has regained 60 percent of the jobs that were lost during the COVID-19 pandemic shutdown last year.
St. Cloud State Economist and Dean, School of Public Affairs, King Banaian joined me on WJON today. He says the stock market and economy are looking good. Banaian says there is optimism with more and more people getting the Covid-19 vaccine, less likelihood of shutdowns or dial backs and warmer weather approaching.
The president of the Federal Reserve Bank of Minneapolis says getting Minnesotans vaccinated against the coronavirus will be the key to reviving the state's economy.
St. Cloud State Economist and Dean, School of Public Affairs King Banaian joined me on WJON today. He says gas prices which are around $1.90 per gallon now will likely stay the same for at least the next couple of months. He expects when the Covid-19 vaccine become more widespread available that the price will likely rise to around $2.20 a gallon.
St. Cloud State University and St. Cloud Technical and Community College continue to leave a large footprint in our local, state and national economies.
The economy has not been kind to dairy farmers across the Midwest. With the third straight year of poor milk prices, many dairy farmers are selling out, including farms in Stearns County.