Employers in Colorado added 4,900 nonfarm payroll jobs from April to May for a total of just more than 2.5 million jobs, according to a news release issued by the Colorado Department of Labor and Employment. Private sector payroll jobs increased 4,400 and government increased 500. According to a survey of households, the unemployment rate increased one-tenth […]
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The Department of Labor and Employment is joining forces with several government agencies this month, including community organizations and nonprofits to produce a Military and Veterans Employment Expo. All veterans, particularly those soon to be discharged and those recently separated are encouraged to attend. The Military and Veterans Employment Expo is structured to be several days […]
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Goods and services exported from businesses in the Pikes Peak region account for 40 percent of all business and nonprofit revenue in the area, said Tom Binnings, senior partner of Summit Economics LLC. And that’s good news for the local economy. “The economic foundation [of a region] is based on how much you export from […]
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Summer jobs used to be a rite of passage for many American teenagers. “It’s when you get that initial experience of dealing with customers and handling money and other skills associated with working,” said Jennifer Sweet, owner of Colorado Sno-Balls, at 5698 S. U.S. Hwy 85. “Everybody just needs someone to take a chance on […]
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If women received the same pay as their male counterparts for doing the same work, Colorado’s gross state product would grow by $9.2 billion. That’s the message from the Women’s Foundation of Colorado, a statewide nonprofit focused on economic and workplace issues for women across the state. The group is hosting its annual luncheon in […]
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Dan Eckstein’s first major career transition came when he left his job at Aaron’s Sales & Lease to become an Army combat engineer. For his second, he turned to the Hiring Our Heroes Corporate Fellowship Program. Through hands-on corporate training, mentoring and educational sessions, the 12-week fellowship program gives service members who are transitioning out […]
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It’s almost all good news for Colorado Springs in the state economic outlook released last month. According to the 2018 Colorado Business Economic Outlook, the city is seeing a better standard of living thanks to increased productivity; El Paso County added more than 10,100 jobs in the past year; and the Springs is expected to […]
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Veteran entrepreneurs run businesses that last, and employ 5.8 million people nationwide — but they’re on the decline. Delivering the keynote address at the 11th Annual Veterans Small Business Conference last week, Jessica Fialkovich, president of Transworld Business Advisors, talked about “alarming trends” in veteran entrepreneurship and how to turn them around. Fialkovich said veterans […]
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A news release from the Colorado Office of Government, Policy and Public Relations reported nonfarm payroll jobs increased 5,500 over the month from June to July to 2.4 million jobs. The data is a result of business establishments surveys. Private sector payroll jobs increased 6,000 and government jobs decreased by 500, making July the 33rd consecutive […]
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Controversy surrounded Colorado’s minimum wage increase even before it passed in the November 2016 election, and that hasn’t changed more than a year later as local business owners remain divided on the subject. About 55 percent of Colorado voters were in favor of Amendment 70, which incrementally raises the state’s minimum wage from $8.31 in […]
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The growing skills gap and its impact on the workforce will be one topic of discussion at this year’s Southern Colorado Economic Forum, which will take place at The Broadmoor on Friday, Oct. 23. According to a study entitled “America’s Skills Challenge: Millennials and the Future,” Millennials are the most recent products of the educational […]
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In recent years, “startup” has become among the most frequently used terms in the business world — but along with its ubiquity has come some confusion as to its definition. British venture capitalist Paul Graham defined a startup company as simply one that is built for scalability. “Being newly founded does not in itself make […]
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