After receiving numerous CNN/Money Top 20 lists spots over the last few years, Eagan has faced big issue after big issue up to and including job losses, on-going lead contamination and even the slowed redevelopment efforts which have plagued the area right along the Minnesota River.
Recently Eagan has lost jobs at both Thomson Reuters (60) and Lockheed Martin (1000). Reader Bill Wallace who also authors the Dakota County Properties blog hypothesizes that these jobs losses will be, “a huge blow to employment and housing prices in Dakota County as hundreds of homes go on the market should these employees leave Minnesota.” He further states that the Thomson Reuters loss, even though a very small percentage of their ~7000 strong workforce could be the signs of weakness coming to the surface.
With Minnesota’s overall job market continuing to slow as the state’s unemployment rate inching up another tenth of a point to 7.1% some may be concerned that these huge losses seen in Eagan may be a sign of what’s to come.
Are you at all concerned as the unemployment rates ratchets higher and big companies who have rode out this recession while keeping the number of layoffs to a minimum are now starting to let people go showing signs that the local economy is in for a late route of job losses? Do you worry that once other companies see that they are not the only ones considering this type of action that more layoffs may be to come? How about the lead contamination which has been known since at least 2008? Do the harmful effects of lead in the air concern you for the safety of yourself and your family? Whatever you have to say about the job losses and contamination in Eagan go ahead and comment on!