How much are Minnesotans working from home compared to other states in the Ninth District? The answer: a lot more. KARE 11 spoke with Regional Outreach's Haley Chinander whose recent article delves into the numbers.

Immigrants make up 18.6% of the U.S. labor force, including naturalized citizens, green card holders, refugees, people with temporary visas, and unauthorized immigrants. In Minnesota, it's 10%. Read more in my new article. minneapolisfed.org/article/2024/t…

The post-pandemic rebound of the immigrant labor force was mostly driven by non-citizen immigrants (green card holders, refugees, temporary visa holders, and unauthorized migrants).

The U.S. and Western allies have introduced a plan to use the interest on frozen Russian assets to guarantee a loan to Ukraine. Some are concerned about the impact it could have on the global financial system, but Minneapolis Fed President Neel Kashkari says he doesn't "see any

A song called Everybody Gets A Kitten by jeremy messersmith just played on The Current and I want to believe it was inspired by David H. Montgomery

PCE inflation moved closer to target. Services prices eased slightly YoY, and goods prices dragged inflation down for the 6th month. Housing’s contribution to services inflation stayed mostly unchanged, while healthcare’s inched higher.

Minnesota's remote workforce differs from the state's working population along socioeconomic and demographic lines. Learn more in my overview of remote workers in Minnesota for Minneapolis Fed: minneapolisfed.org/article/2024/w…

Big thanks to Romaine Bostick from Bloomberg TV for inviting me to talk about foreign-born workers in the Fed’s Ninth District. minneapolisfed.org/article/2024/t…

Erick Garcia Luna, regional outreach director at the Federal Reserve Bank of Minneapolis, discusses the impact of foreign-born workers on the Minneapolis-area economy trib.al/HB9wyc4

.Erick García Luna (Minneapolis Fed Regional Outreach director) and @HaleyChinander (Minneapolis Fed writer/analyst/Gen Zer) add data and their perspective to the @startribune article below. ⬇️

Hispanics, we are an important part of the U.S. economy, making up nearly one-fifth of the labor force. This share varies widely across states, ranging from 2% in ME to 45% in NM. In MN, the share stands at 6%. #hispanicheritagemonth

What jobs do Hispanics work in? 11% work in construction, mostly non-citizens. Non-citizens also dominate farming and cleaning. U.S.-born Hisp. are mostly in admin, transportation, and sales. Naturalized citizens have moderate representation across jobs. #HispanicHeritageMonth

The labor market showed continued resilience. Unemployment down to 4.1% and 254k jobs added in September. Where were those jobs added? 👇🏽

Foreign-born employment has rebounded fast post-pandemic, with 15% more immigrant workers in the U.S. by July vs. early 2020. In the Fed’s Ninth District (MN, ND, SD, MT, WI, MI), it’s up 8%. Learn more 👇🏽 minneapolisfed.org/article/2024/h…

Prices increased at a faster rate in October, according to today’s PCE numbers. Services stubbornly adding some pressure.

Streaming live starting today at 9am 👇🏽 Join us to hear about the state of the regional economy! 2025 Regional Economic Conditions Conference youtube.com/live/R6e61sKwi…

Outreach that enriches our understanding of the economy is perhaps the most important part of our work. Thank you Colby Smith for shinning light on the important work of listening to those who are the economy.

Headline inflation held steady at 2.6 percent in July, while core inflation edged up to 2.9 percent. Notably, goods prices, which had been easing inflation in 2024, have shifted to once again adding upward pressure.

How does citizenship affect retirement savings? Erick García Luna shows U.S.-born & foreign-born workers don’t have equal access to 401(k)s & IRAs—except among top earners. Learn more: bit.ly/4jE6scp