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Lottery defies downturn

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Despite the poor economy, the Colorado Lottery managed to post its second best sales performance during fiscal year 2009. Sales totaled $493.4 million for the year ended June 30. The Lottery also returned $119.6 million to the state, the third best year in terms of proceeds. “I think we’ve weathered the storm well,” said Colorado Lottery Director Jack Boehm.… Continue Reading Lottery defies downturn

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Shoppers stop shy of the drop

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Discreet is the new chic. After the stock market shocks of last year, consumers and investors were desperate to curb spending. Americans started hoarding money, foregoing what were once considered necessities. However, as the stock market shows signs of recovery, people are investing again, and even buying things other than bare necessities, such as new cars… Continue Reading Shoppers stop shy of the drop

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The Governor’s Energy Office is seeking applications from organizations interested in providing weatherization services to large, multi-family buildings. The project, which is being funded by money from the American Reinvestment and Recovery Act, is designed to help low-income families save energy and cut utility bills. In the past, the majority of weatherization services have focused largely on single-family homes and mobile homes.… Continue Reading State launching multi-family weatherization project

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CHFA gets $45.1 million in stimulus money

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The Colorado Housing and Finance Authority has received $45.1 million in federal stimulus money to help finance the construction of 1,800 affordable rental units and create about 750 jobs. The money is part of the Tax Credit Assistance Program and Tax Credit Exchange Program, both established in the American Recovery and Reinvestment Act. CHFA will distribute the money in… Continue Reading CHFA gets $45.1 million in stimulus money

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The percentage of job seekers starting their own businesses jumped to its highest level since 2007, according to the quarterly Challenger Job Market Index. About 8.7 percent of job seekers gaining employment in the second quarter of this year did so by starting their own enterprises. That’s up from 6.4 percent in the previous quarter, and… Continue Reading Confidence among entrepreneurs could be on the rise

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WASHINGTON (A.P.) – The number of newly laid-off workers filing first-time claims for jobless benefits rose last week, though the increase was mostly because of seasonal distortions. Many economists say new claims, which track layoffs and firings, are trending downward in a modest sign of improvement in the labor market. The Labor Department said today that the… Continue Reading Jobless claims’ downward trend a hopeful sign

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A death from swine flu reported by the El Paso County Department of Health and Environment is the first such death in the state. The victim was a woman in her 40s. No other details were given. Swine flu was declared a pandemic in June by the World Health Organization. Since the first outbreaks of the… Continue Reading El Paso County swine flu death is first in state

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It’s certainly not as strong a sector as it was during the height of the real estate boom two or three years ago, but the construction industry still employs 15,300 workers in Colorado Springs. The loss of 1,600 jobs during June compared to the same month last year represents a mere 9.5 percent work force… Continue Reading City leads state for fewest construction jobs lost

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Nearly 14 months ago, 174 City of Colorado Springs employees with diabetes entered the 10-City Diabetes Challenge, a program to test how much diabetes and its treatment costs could be controlled. They exercised, ate healthy foods and met regularly with a pharmacist to track insulin levels, blood pressure and cholesterol. The results: more than 65… Continue Reading 10-city challenge shows diabetes can be controlled

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The State of Colorado named a new director of the Division of Housing and appointed members to the housing board. Patrick Coyle is the new director of the Colorado Department of Local Affairs’ Division of Housing. Coyle is Housing Director with Denver’s Road Home at the City and County of Denver’s Department of Human Services.… Continue Reading Housing director, housing board members named

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