Minnsights Blog

The COVID-19 pandemic has impacted businesses in every corner of Minnesota, from decreased demand for products and services, to break-downs in supply chains, to some closing their doors forever. Reopening the economy and managing the ongoing economic fallout is a top business community concern, according to a recent survey. Lawmakers must focus on steps to avoid additional restrictions on businesses and not raise costs or burdens on businesses already struggling to survive.

Accelerating private-sector workforce efforts to help employers attract and retain the skilled workers they need to compete.

Our members support sensible regulations that will allow Minnesota to maintain a clean environment and healthy business climate while fostering economic change and growth statewide.

Minnesota businesses value the contributions of immigrants to the state. Their roles as workers, entrepreneurs, consumer and a link to the world economy are increasingly important to the development and growth of the economy and communities throughout Minnesota. Demographics show that as the population ages and the economy grows, Minnesota will not have the numbers of people available to fill labor needs, and immigrants are a key solution to this challenge. 

This report provides data to illustrate those initial severe and unprecedented impacts of the pandemic and government interventions as well as the ongoing uncertainty and challenges. An economic imperative stands before us: We must restore livelihoods now and position the state for long-term growth. It’s possible, and it’s a collective effort. Public health and economic recovery must go hand in hand. Whether you are reading this report as a private-sector employer or an elected official, you have a responsibility to move the needle forward into a period of improvement and long-term success.