Minnesota's Economy Stabilizes, but Disparities Continue
St. Paul, Minnesota - September 20, 2012 - Minnesota’s economic slide has leveled off, but too many families are still struggling to make ends meet in today’s economy, according to U.S. Census data released today.
The American Community Survey found that while the state’s income and poverty levels held steady between 2010 and 2011, significant racial disparities persist. Minnesota’s communities of color have lower median incomes, less access to health insurance, and higher rates of poverty than their white counterparts.
“All is not well in the state of Minnesota,” Minnesota Budget Project Deputy Director Christina Wessel said. “The benefits of our economy are not reaching all communities. That must be reversed if Minnesota wants to remain strong and economically competitive. We cannot look forward to a prosperous future if a significant portion of our population is being left behind.”
Check out our blog post for more information and a table showing the disparities.