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Federal Reserve Bank of Minneapolis – FOCUS ON Early care costs, Indian Country challenges, and regional economic conditions

Federal Reserve  Neel Kashkari
FOCUS ON
Early care costs, Indian Country challenges, and regional economic conditions
Losing a job hurts earnings for all workers, but those with poorer parents are hurt more. Decades of economic research have shown that “displaced workers” affected by mass layoffs face a steep climb back to stable jobs and healthy earnings.
High quality costs more but produces higher returns.
Survey evidence shows the challenges and advantages of operating a Native-owned business on reservation lands.
Although employment has rebounded, lower labor force participation and a tight job market complicate the recovery.
February 4, 2022
9:00 a.m. – 9:45 a.m. CT
Virtual video event
Our Regional Outreach team recently surveyed businesses across the Ninth District to gauge current economic activity and the near-term outlook of firms in different sectors. Join Ron Wirtz and Joe Mahon, Regional Outreach directors, for a webinar discussing the latest results from a mid-January survey of firms and an annual survey of district manufacturers to learn about how businesses are faring at the outset of a new year.
In case you missed it
The pandemic and related economic impacts have made clear the need for accessible economic data and research in Indian Country, and CICD is committed to playing an ongoing role in expanding understanding of these issues.
Congratulations to financial economist Lindsey Dietz for being named as a 2022 40 Under 40 honoree by Minneapolis/St. Paul Business Journal. Dietz was honored for her achievements and contributions to economic stability.
Ryan Nunn, assistant vice president of Community Development and Engagement spoke with the Star Tribune about the Federal Reserve Bank of Minneapolis’ role in evaluating the program: “We have a rigorous statistical design for learning what the effects are, and we’re excited to find out more.”
Highlighting research from the Minneapolis Fed, the Star Tribune reports on the care challenges facing parents during the pandemic.

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