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Economy and jobs


The Day After: How the Dow Jones 'Reacts' to Election Day Results

Gains in the stock market last Wednesday after the GOP wave were only slightly above the historical average; the biggest day-after drops in the market have occurred after the election of Democratic presidents.

Through the Dark-Colored Lenses of Mark Dayton

"Death," "dead end," "decline" and "grim future" were but a few of the words and phrases Minnesota's governor used to frame the problems of his state and country.

Minnesota Labor Force Participation Rate Reaches 29-Year Low

The last time the labor force participation rate was this low in the Gopher State was July 1983.

Will Mitt Romney Win the Battle for the Middle Class?

The former Massachusetts governor has discussed middle class Americans in debates more than all other candidates combined.

Right-to-Work: Red Meat in Red States?

17 of the nation's 22 right-to-work states were carried by John McCain.

All-Star Special: Will Baseball Fans Be Obama's Secret Weapon in 2012?

The real cost of baseball tickets, souvenirs, hot dogs, and beer have all dropped since Barack Obama took office.

Obama Under Fire: Who Launched the Most Attacks at the President during the New Hampshire Debate?

Mitt Romney landed the most jabs at Obama among the seven candidates; Herman Cain and Ron Paul, meanwhile, pulled the most punches.

North Dakota Sets Modern Day Record for State's Largest Monthly Dip in Unemployment

North Dakota's -8.3 percent monthly decline in unemployment from March to April is its largest drop over the past 35+ years

Minnesota Unemployment Rate Falls Extending 3rd Longest Streak in the Nation

Only North Dakota and Vermont have gone longer without a jobless rate uptick

How High Is Too High? Unemployment and the 2012 Presidential Race

Ronald Reagan got reelected in a landslide in 1984 with an unemployment rate of 7.2 percent, while George H.W. Bush was defeated in 1992 with a nearly identical 7.4 percent rate

U.S.-Wisconsin Unemployment Rate Differential at Largest Mark in 17 Years

Not since 1993 has Wisconsin's jobless rate been 2.2 points lower than that of the nation overall

South Dakota Continues Record Unemployment Streak, Despite Uptick to 4.5 Percent

The Mount Rushmore State has now gone more than 27 years without eclipsing the 5 percent jobless mark - best in the nation

Minnesota Unemployment Numbers and Trends at a Glance

Gopher State job data trend lines generally favorable compared to the nation and the Upper Midwest region

Do Higher Minimum Wage Laws Contribute to Increased Unemployment?

States with a higher minimum wage than the federal $7.25 requirement have an average 2-point higher unemployment rate than the rest of the country

Minnesota-U.S. Unemployment Gap Reaches Historic Level

April's 2.7-point unemployment rate difference in Minnesota's favor vis-à-vis the national average is the largest in decades

How Does Tim Pawlenty Rank in the Gubernatorial Class of 2002 on Jobs?

Minnesota Governor has presided over 64.4 percent increase in unemployment, slightly better than his gubernatorial Class of '02 as well as the national average

Counting One's Blessings: Minnesota's New Unemployment Numbers

Minnesota is one of only four states nationwide which has not experienced a rise in unemployment in any month since May 2009

Minnesota Has Lowest Rate of Increase in Unemployment in Nation During Obama's First Year in Office

Gopher State shed the fewest jobs across the country with just a 1.4 percent net rise in its jobless rate from January 2009-January 2010; 50-state average is +25.5 percent

The Pessimistic Purple: Why Are Voters in Swing States the Most Discontented?

Analysis of Rasmussen polling finds purple state residents have the most dire outlook about their financial situation and the war on terrorism; red state residents are the most optimistic

A Content Analysis of Governor Pawlenty's 2010 State of the State Address

Governor's focus on jobs in speech up more than threefold from 2009 Address despite yearly drop in unemployment

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Political Crumbs

Six for Thirteen

Collin Peterson remarked last month that he is leaning to run for reelection to Minnesota's 7th Congressional District in 2016. If he does and is victorious, he will creep even closer to the top of the list of the longest-serving U.S. Representatives in Minnesota history. The DFL congressman is only the sixth Minnesotan to win at least 13 terms to the U.S. House of the 135 elected to the chamber in state history. Peterson trails 18-term DFLer Jim Oberstar (1975-2011), 16-term Republicans Harold Knutson (1917-1949) and August Andresen (1925-1933; 1935-1958), and 14-term DFLers Martin Sabo (1979-2007) and John Blatnik (1947-1974). Andresen died in office, Sabo and Blatnik retired, and Knutson and Oberstar were defeated at the ballot box in 1948 and 2010 respectively. At 70 years, 7 months, 11 days through Monday, Peterson is currently the ninth oldest Gopher State U.S. Representative in history. DFLer Rick Nolan of the 8th CD is the seventh oldest at 71 years, 1 month, 23 days.


Seeing Red

Congressman Nick Rahall's failed bid for a 20th term in West Virginia this cycle, combined with a narrow loss by Nick Casey to Alex Mooney in Shelley Moore Capito's open seat, means that West Virginia Democrats will be shut out of the state's U.S. House delegation for the first time in over 90 years. The Republican sweep by two-term incumbent David McKinley in the 1st CD, Mooney in the 2nd, and Evan Jenkins over Rahall in the 3rd marks the first time the GOP has held all seats in the chamber from West Virginia since the Election of 1920. During the 67th Congress (1921-1923) all six seats from the state were controlled by the GOP. Since the Election of 1922, Democrats have won 76 percent of all U.S. House elections in the Mountain State - capturing 172 seats compared to 54 for the GOP.


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