Jobs in Colorado increased by8,800 in October to more than 2.2 million, according to the Colorado Department of Labor and Employment. The unemployment rate decreased by two-tenths of a percent to 8.1 percent. “Some positive trends are beginning to emerge on the Colorado jobs front,” said Ellen Golombek, executive director. “While we still have a […]
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Frontier Airlines will stop all flights out of Colorado Springs in April. The Colorado Springs Airport was notified this week that Frontier Airlines will discontinue its service in Colorado Springs. The move follows an announcement in mid-January, when Frontier announced that it would reduce its service in an out of the Colorado Springs Airport during […]
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As far as post recession recoveries go, the country is right on track. Never mind the screaming headlines that predict the end of the world, said Jim Paulsen, Wells Capital Management chief investment strategist. “I just think there are high odds that (the world) won’t end,” he said. Paulsen, who has been...
Once wrecked, then patched up for several years, the economy locally continues to improve, rolling along at a modest pace. Not that the region — or the nation, for that matter — ought to expect robust growth any time soon, if ever. “The new normal” of economic growth, as Jim Paulsen, chief investment strategist at […]
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  The economy at risk, President Barack Obama accused Republicans on Friday of pursuing policies that would weaken the U.S. recovery, and he simultaneously urged Europe’s leaders to prevent an overseas debt crisis from dragging down the rest of the world.   At a White House news conference five months before Election Day, the president […]
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Companies placed fewer orders with U.S. factories in June from May, signaling further weakness with manufacturing.   The Commerce Department said Thursday that factory orders fell 0.5 percent in June, the third decline in four months.   Orders for core capital goods, considered a good proxy for business investment, dropped 1.7 percent. Demand...
Colorado highway and transportation officials are headed to Washington to fight for an extension of the federal fuel tax. Congress must extend the tax or it expires Sept. 30. The Colorado Department of Transportation receives nearly $400 million a year from the federal fuel tax. Officials from of the Colorado Transportation Commission, the Denver Regional […]
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Your dog needs emergency surgery but you don’t have the cash. And your next payday isn’t for another couple of weeks. One possible solution, if you want your pooch to thrive, is to apply for a payday loan to get quick cash. You’ll come away with a healthy dog, but you’ll pay high interest rates […]
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The Pikes Peak region saw both ups and downs during the fourth quarter of 2014 as the economy continued to climb slowly from recession-era lows, according to a report by the Southern Colorado Economic Forum. The report’s primary component, the Business Condition Index, indicated that the “local economy performed well...
  Colorado labor officials say job prospects for teenagers are brighter this year. The Colorado Department of Labor and Employment says the number of job postings and employers at youth hiring fairs are up this year for adults and teenagers. The most recent state jobs numbers show an unemployment rate of about...
U.S. employers advertised more jobs in May than April, a hopeful sign after three months of weak hiring. Job openings rose to a seasonally adjusted 3.6 million, the Labor Department said Tuesday. That’s up from 3.4 million in April. It’s also the second-highest level in nearly four years, just behind March’s 3.7 million.   Still, […]
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Hiring picked up slightly in July and the unemployment rate dipped to 9.1 percent. The modest improvement may quiet fears of another recession, but it wasn't enough to prevent another losing day on Wall Street. Employers added 117,000 jobs last month, the Labor Department said Friday. That's better than the...