In Minnesota and no doubt in every U.S. TV market, you are being inundated with political campaign ads from gubernatorial incumbents claiming they created great jobs and economic climates for their state.
Our friends at the State Policy Network conducted a report on how states are doing in the post-pandemic world. In fact, the SPN report ranked states’ progress in post-pandemic job recovery and identifies policy trends impacting recovery.
Considering Minnesota’s response and shutdown of businesses, schools, and even places of worship, Minnesota currently ranks 42nd out of 50 states for economic recovery.
From the State Policy Network:
“Nevada became the fifteenth state to surpass its pre-pandemic jobs count in June 2022, according to the latest 50-state job recovery ranking in SPN’s State Jobs Report. The state now has 3,100 more jobs than it had in February 2020.
“Tennessee, Texas, Montana, Delaware, Florida, and North Carolina are also among the states that continue to experience strong job recovery.
“What do these states have in common that’s driving job growth? A major characteristic is their approach to state-level economic policies. States that adopted lighter pandemic lockdowns lead job recovery, and leading economic states are ones that have embraced lower taxes, eased regulations, and pursued further tax and economic reforms to increase opportunity and prosperity in their states.”