News
Inflation is impacting everything - from manufacturing, grocery, and retail to small businesses. Inflation has been reported to range from 6.8 to 8.2% for 2022 - staggering rates of inflation that haven’t been seen since the 1980s. The all items index increased 9.1 percent for the 12 months ending June...
It has been found that amenities such as recreation opportunities are as important for healthy local economies as traditional “business-friendly” measures such as lower taxes and labor costs. Smaller cities with a higher quality of life experience higher employment and population growth than similarly situated communities, including those that ran...
The unemployment rate ticked down two-tenths of a point to 1.8% in June 2022 – yet another record low since the metric has been tracked in 1976, according to numbers released today by the Minnesota Department of Employment and Economic Development (DEED). The lowest pre-pandemic unemployment rate was 2.5% i...
Today, the Minnesota Department of Employment and Economic Development (DEED) launched the latest round of Child Care Economic Development Grants. These grants authorize $4.85 million over two fiscal years for grants to community partners to increase quality child care providers to support economic development across Minnesota. A total of $2.42...
Number of Latino farmers small, but growing
Jul 15 2022Javier Garcia starts the green John Deere tractor and slowly moves it forward toward the rows of onions and squash. The blades behind the tractor dig into the soil, uprooting weeds and turning the earth as it goes.
Garcia is one of a small but growing number of Latino farmers i...
The city of Staples is located at the junction of U.S. Highway 10 and Minnesota Highway 210. Perched on the border between Todd and Wadena Counties, about 150 miles northwest of Minneapolis-St. Paul, Staples’ residents enjoy small town living along with all the advantages offered by greater Minnesota.
Staples is wel...
For many of us, a home is more than just a residence. It is a place that evokes a feeling - that of pride, security, comfort, and joy. A home is where we can face life’s challenges and watch our children grow. Across the country, National Homeownership Month is celebrate...
St. Paul – Today, the Minnesota Department of Employment and Economic Development (DEED) launched a Request for Proposals (RFP) that will award $95 million in broadband grants across the state, applications must be submitted by August 4, 2022 at 4:00 p.m. Building on appropriations from both the 2021 and 2022 legislative sessions, this grant roun...
How to Effectively Hire During the New Normal
May 23 2022The way businesses in the industrial sector approach hiring new employees has changed. Companies can no longer rely on posting a job ad and sitting back to wait for resumes to flood in. With unemployment rates at an all-time low after the advent of the Great Resignation, the best candidate...
Are you completely new to the world of search engine optimization (SEO)? Or, are you an old pro launching a new campaign? If so, you're going to be excited about the prospects of ranking first in Google for a given keyword or phrase. It's an important foundational achievement to se...
St. Paul – Early care and education (ECE), a critical part of the economic infrastructure in Minnesota, is dealing with a long-standing crisis. Under the State’s Department of Employment and Economic Development (DEED), a working group charged by DEED’s Minnesota Business Vitality Council (MBVC) has released a final report an...
For over 50 years, the U.S. Small Business Administration (SBA) has organized and hosted National Small Business Week (NSBW) during the first week of May. With over 32.5 million small businesses employing 61.2 million employees across the country in 2021, Todd County Development Corporation recognizes the importance of small businesse...
The Labor Challenges of Site Selection
Apr 26 2022You’re evaluating a new site. It checks all the boxes when it comes to the property, local infrastructure, and business climate. You have one more box to check — labor supply. You’re presented with a hodge-podge of numbers. How can you make sense of it all? And what’s the botto...
Where Vertical Farming Is ‘Smart’
Apr 25 2022Bowery Farming, a leading vertical farming company based in New York City, plans to open smart indoor vertical farms in Locust Grove, Georgia, and Arlington, Texas, it announced in January. Each facility will create more than 100 jobs, and they are to be powered by 100% renewable sources. The compan...
The youth of today are the leaders of tomorrow; creating a firm bedrock of opportunities for them to grow, learn and shine can benefit generations of the future.
Our country has dedicated the month of February to National Youth Leadership, which is a perfect time for young people to take stoc...
Automation has been painted as a threat to employees, and the idea that robots will replace workers and lead to unemployment continues to circulate in some circles. The truth, however, is quite the opposite. According to McKinsey & Company, automation and AI technologies will boost business productivity and GDP growt...
Networking is one of the most important business skills to master in the franchise industry. It’s equally as important for a franchisor as it is for a franchisee. Developing and nurturing a network of professional peers is vital to career success and can give you a competitive edge in variou...