Jun. 7—BEMIDJI — As a part of its statewide policy tour, the Minnesota Chamber of Commerce took a trip to Potlatch Deltic on Monday, June 6, to speak with local business owners on their current challenges.
The chamber, which represents over 2,300 businesses throughout Minnesota, tours the state each year to meet with business owners in different communities and speak with them about what policies could help their businesses thrive the most.
"We do this twice a year to really stay connected to our business communities," said Doug Loon, president of the Minnesota Chamber of Commerce.
This year that tour included a stop at Potlatch Deltic in Bemidji, where Loon began by meeting with local business owners to tell them about the chamber's recent successes and what they are continuing to work on.
Recent achievements include getting the state legislature to refill the unemployment insurance fund, which had been depleted early in the COVID-19 pandemic.
If it hadn't passed, the cost would have been passed on to business owners in a payroll tax increase. As it stands, some businesses had already paid an increased rate before the bill passed, and will now need to be reimbursed.
"It ended up being a pretty heavy lift," said Loon. "That was a really important victory for us."
The conversation also included different challenges businesses are still facing, especially as they recover from the economic downturn caused by the pandemic.
One of these is the ongoing difficulty businesses have had finding and retaining employees, leading to staffing shortages across multiple industries.
The usual baseline measures for economic recovery seem optimistic, such as the unemployment rate, but according to Loon, this is missing part of the picture.
"There's more to the story," Loon said. "There's still a gap between where we were and where we are today."
Unemployment in the state is currently sitting at 2.2%, according to the
Minnesota Department of Employment and Economic Development
, but this isn't counting the number of people who are no longer searching for jobs.
According to Loon, there are still 75,000 Minnesotans who have not returned to the workforce since the pandemic began.
"For us to really fill our true economic potential, we've got to have a workforce," Loon said. "We have an opportunity to do better in this space."
This issue has become one of the top priorities for the chamber and is something that they are going to continue to track and investigate.