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In an State of the City address that was part pep rally and part campaign speech, Mayor Steve Bach set one concrete goal for his administration: to create 6,000 new civilian jobs next year. “That’s how many we need to achieve full employment,” he said. “We’ve created 627 in 2012, so we have set a […]
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Colorado Springs unemployment figures remained unchanged in July, according to preliminary data from the Colorado Department of Labor and Employment. The area’s unemployment rate is 9.8 percent, higher than the state’s average of 8.3 percent. Colorado’s unemployment rate went up .1 percent in July from  the previous month. The state’s labor department said the increase […]
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Esuite 360, which leases short-term office space and manages virtual offices, is offering space to businesses impacted by the Waldo Canyon Fire. The company has offices in three Colorado Springs locations, where displaced businesses can set up temporary offices free or at discounted rates. Business owners just need to send their stories in to Esuite. […]
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By the Associated Press The recession that ended three years ago this summer has been followed by the feeblest economic recovery since the Great Depression. Since World War II, 10 U.S. recessions have been followed by a recovery that lasted at least three years. An Associated Press analysis shows that by just about any measure, […]
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The Colorado Springs Regional Economic Development Corp. is moving into the Alamo Corporate Building, 102 S. Tejon St. The EDC has kept its office on the 10th floor in the Wells Fargo Building on Cascade Avenue for about 20 years, when the EDC and the Greater Colorado Springs Chamber of Commerce spilt. That lease is […]
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New York City has its Fifth Avenue and Broadway; Los Angeles its Rodeo Drive; and Denver its 16th Street. They’re signature streets that epitomize the cities in which they’re located — places where a visit is a unique experience. Colorado Springs doesn’t have a Rodeo Drive, but it does have Tejon Street and Colorado Avenue […]
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U.S. employers posted fewer jobs in July than in June, the latest evidence that hiring is weak. Job openings fell to a seasonally adjusted 3.67 million, the Labor Department said Tuesday. That’s down from June’s 3.72 million job openings, which was revised lower. The figures follow Friday’s disappointing employment report, which said the economy added […]
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In some ways, the local economy is showing its strongest performance since bottoming out in February 2009, but there are still concerns about employment and real income, according to the Southern Economic Forum’s quarterly update. The regional manufacturing index is up 43 percent since the recession and consumer confidence is up 19 percent. Economists at […]
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The Greater Colorado Springs Chamber and EDC rallied business leaders, city and county officials, utility representatives, and bankers to form a rapid response team for businesses affected by the fire.
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The annual report about progress of the South Academy Boulevard revitalization project is a mixed bag. City planners presented the report to City Council this week, and while new retail development along the corridor is planned, job opportunities are on a downward slope and overall progress seems to have hit a red light. “I like […]
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Thanks to a state effort, the Pikes Peak Workforce Center added more than $2 million to the local economy and helped 837 people find job training. The Colorado Enhanced Approved Training Program allows people in the state who are receing unemployment benefits to receive 50 percent more a week if they are attending a traning […]
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Colorado Springs has studied its downtown and come up with ideas for improving it. Now, city leaders are hoping one more study will show them how to implement those ideas.
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