• "New Year, New Challenges: Job Losses, Real Estate, and Community Resilience in Minneapolis"

  • Jan 4 2025
  • Length: 3 mins
  • Podcast

"New Year, New Challenges: Job Losses, Real Estate, and Community Resilience in Minneapolis"

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  • Good morning, this is Minneapolis Local Pulse for January 4, 2025.

    We're starting the new year with a mix of news and updates from around our city. First, let's talk about the job market. According to recent reports, Minnesota's job market lost momentum in the latter part of 2024, with a net loss of 1,000 jobs in October. This was largely due to losses in professional services and construction sectors, which were not offset by gains in retail and healthcare[2].

    Moving on to real estate, we have some notable updates. The former UnitedHealth HQ building has gone into receivership as the loan deadline looms for its owner. This significant commercial property development is something we'll be keeping an eye on[3].

    In city hall news, Minneapolis Mayor Jacob Frey recently highlighted the city's progress in 2024, calling it a "historic" year. However, he also outlined concerns for 2025, including the potential impact of new laws and regulations[1].

    Weather-wise, it's going to be a chilly day today, with highs in the Twin Cities barely breaking 20 degrees. This cold snap is expected to continue, so make sure to bundle up if you're heading out[1].

    On the business front, we have some new openings to report. A highly nostalgic gaming spot has opened in St. Paul, offering a modern twist for gamers of all ages. Additionally, the Pizza Man in Columbia Heights is offering free rides, a nice gesture to start the new year[1].

    Looking ahead to community events, several Minnesota state parks will be part of an organized hike as part of a nationwide effort. This is a great opportunity to get outdoors and enjoy our beautiful parks[4].

    In local school news, Jack Taylor is returning to the court, coaching kids on the high school team he once played for. This is a wonderful story of giving back to the community[1].

    On a more serious note, our crime report includes a tragic incident where a drunk driver hit and killed a mother one day before her birthday in St. Louis Park. This is a heartbreaking reminder of the dangers of impaired driving[1].

    Finally, let's end with a feel-good story. Emily Roth, the president of the Minnesota Children of the American Revolution, chose to help homeless veterans as her state project. This is a wonderful example of community service and compassion[1].

    This has been Minneapolis Local Pulse. We'll see you tomorrow with more local updates.
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