economy

A year ago, the Rochester area experienced a job growth rate of more than 5%.

Mayo Clinic reported that expenses tied to salaries and benefits rose by just under 6% from last year to about $2.83 billion.

The higher than expected tax payments erased the shortfalls reported for February and March.

The next Mayo Clinic President and CEO is expected to be named in November.

The proposed apartment project would be built along Fourth Street Southeast within easy walking distance of downtown Rochester.

The job losses reported in the Rochester area were the smallest among Minnesota's largest cities.

Seasonal factors contributed, but the latest statistics show overall employment as drop by about 4000 from the record high reached last summer.

A new lawsuit reveals just how deep the economic scars run in Minneapolis and St. Paul — the numbers are shocking.

Larger than expected income tax refunds are getting much of the blame.

2 counties in the region saw unemployment approaching 6% during the first month of the year.