Park Street Public

Today I had the opportunity to join Club Management Association of America at their world conference in Tampa to share about the impacts of elections & trending policy issues in the labor and employment space. Thank you to Brad D. Steele, J.D. for letting me join the discussion and share a little about what we do at Park Street Public!

New Today: Minnesota Management and Budget (MMB) released its November Budget and Economic Forecast — a critically important projection for lawmakers as they return next month and begin to craft a budget. The bottom line, from MMB: “MMB forecasts a $616 million balance at the end of the FY26-27 biennium, $1.1 billion less than prior estimates. Projected reductions in income and sales tax revenues combined with higher spending for long-term care and special education result in a growing structural imbalance throughout the budget planning horizon.” More details from MMB available here: https://lnkd.in/gn39i7P3

Senate Democrats gave Sen. Amy Klobuchar a promotion Tuesday as they boosted the Minnesota lawmaker to the No. 3 leadership position in the next Congress.

How hiring from Summit’s talent pool can address the growing workforce skills gap ? Did you know, Springboard's 2024 State of the Workforce Skills Gap?report found 60%?of employers say difficulty finding qualified candidates is the biggest challenge they face when hiring? The report found that as new technologies drive business transformation, demand for cognitive skills like problem-solving and creative thinking is growing more rapidly than the demand for technical skills. The way we work is changing and it’s creating an undeniable skills gap. According to the World Economic Forum, six in 10 workers will require training and/or reskilling by 2027. As employers look to bridge these gaps, over half are turning their focus to intentional hiring. For many in the Twin Cities region, we are the solution. At Summit Academy, we connect employers to skilled, diverse talent year-round. Summit students go through 20 weeks of hands-on, accredited training and gain industry-recognized credentials to fill the workforce demand in IT, financial services, construction, and healthcare. During their training, Summit students develop not only technical skills, but cognitive soft-skills focused on ensuring they are ready to hit the job market on day one—increasing both your employee retention and overall company’s success. To learn more about how Summit can help you bridge skills gaps and fulfill your workforce needs, contact us today! https://lnkd.in/gD4YGJV3 #TradesTraining #WorkforceDevelopment #SkillsForSuccess #TalentPipeline

A great opportunity to join the teriffic team at The Nature Conservancy in Minnesota.

Justice Action Network Executive Director Lauren Krisai joined Minnesota State Auditor Julie Blaha and top lawmakers this week for the release of a report finding a significant reduction in civil asset forfeitures across Minnesota since the passage of a bipartisan 2021 reform bill. The report found forfeitures are down by roughly 37% in the two years following the passage of 2021 law, with a?50%?reduction?since 2019.?The 2021 law is largely credited for this reduction.?

For those looking to support those affected by recent storms, NMMA has compiled a list of resource organizations. The priority remains to ensure the safety & well-being of those impacted, including many member companies, their employees and families. ?? https://lnkd.in/ePNWxjdW

There's still time to weigh in on the Minnesota Chamber of Commerce's Coolest Thing Made In Minnesota contest!

The Minnesota Star Tribune reports more non-profits across the state are feeling the crunch of rising costs and declining donations -- more so than at any other time since before the pandemic. "Nearly 80% of nonprofits in a new statewide survey reported that they have less than 12 months before they face financial distress — an increase from?last year when nearly two-thirds of nonprofits?said the same. In 2021 and 2022, about half of nonprofits said they had less than a year before they’d be struggling financially."

A terrific story by Sheletta Brundidge for WCCO | CBS News Minnesota on how Summit Academy OIC's Medical Administrative Assistant training is helping our region build its healthcare workforce.