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The Minnesota Department of Employment and Economic Development (DEED) is now accepting applications for the $62.5 million Small Business Relief Grants Program for businesses impacted by COVID-19, which he signed into law last week. “COVID-19 has brought historic challenges for our small business owners,” said Governor Walz. “This program is a result of bipartisan collaboration and […]
Minnesota’s seasonally adjusted unemployment rate rose to 9.9% in May according to numbers released today by the Minnesota Department of Employment and Economic Development. Minnesota added 9,800 payroll jobs in May on a seasonally adjusted basis, up 0.4%, with the private sector adding 27,500 jobs, up 1.3%, during the month. Government lost 17,700 jobs from April to May. “Our economy
The Minnesota Department of Employment and Economic Development and Commissioner Steve Grove are offering the following information for businesses and workers to re-open safely. The information and links to valuable information in this hectic time are below – The information/story below is by DEED Commissioner Steve Grove- As Minnesota businesses begin the process of reopening
A day after announcing a statewide strategy for widespread testing, Governor Tim Walz today outlined next steps for the COVID-19 response in Minnesota. The Governor extended distance learning through the end of the school year, announced a plan for up to 100,000 workers to safely return to their jobs, and explained the different factors determining
The Minnesota Department of Employment and Economic Development (DEED) announced today that the agency received final guidance from the U.S. Department of Labor to be one of the first states to make $600 additional compensation payments to people receiving unemployment benefits. These payments were authorized by Congress in the Coronavirus Aid, Relief, and Economic Security
The Minnesota Department of Employment and Economic Development (DEED) is announcing the Minnesota Small Business Loan Guarantee Program, which was approved by the Minnesota Legislature last week. This temporary program, established in response to the impacts of COVID-19, provides another option for financing to help small businesses weather this difficult time. DEED estimates that this
