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March 2015-Minnesota Economic Trends

Wages are the focus of three stories in this issue of Trends. Mustapha Hammida examines how wages for Minnesotans who left their jobs and found new jobs during the recession compare with the wages of people who left jobs and found new work after the recession. In another story, John Clay looks at DEED's new Cost of Living tool and explains how it can help business owners decide how much to pay employees and help workers decide whether their pay is enough to meet basic living expenses. Our intern, Kaite DeMartelaere, examines barriers that low-wage workers face in finding and keeping employment.

Ellen Bendewald looks at a feature on DEED's MinnesotaWorks.net job bank that enables employers to designate job openings as "military-friendly." Finally, Dave Senf writes about some of the gaps in data that make it difficult to grasp the size of the freelance or "solopreneur" economy in Minnesota.

Download the full pdf file or select the links below to view individual stories.

Letter from the Editor

We've been hearing a lot lately about wages. By almost every measure, the U.S. job market has steadily improved since the recession ended nearly six years ago.

Wages During and After the Recession

Minnesotans who lost or quit jobs during the recession generally landed in new jobs that paid less. After the recession, however, wage outcomes improved.

Military-Friendly Jobs

A feature on DEED’s MinnesotaWorks.net job bank enables employers to designate job openings as “military-friendly.”

Matching Pay with the Cost of Living

DEED’s new Cost of Living tool can help business owners decide how much to pay employees and workers determine whether their pay is enough to meet basic living expenses.

Barriers to Getting Ahead

Low-income workers in Minnesota and elsewhere in the country face a variety of employment obstacles, including access to affordable child care, transportation and education.

In Search of the Independent Contractor

The freelance worker revolution might be under way, but you can’t prove it by the data.

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