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It’s a staggering – and sobering – statistic. While construction accounts for one fifth of the U.S. work force, the recession has battered the construction industry. The result has been the loss of 990,000 jobs and a climb in unemployment to 18.7 percent for the year ending in April, according to Ken Simonson, chief economist… Continue Reading Region’s construction employment: stayin’ alive

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From the firm’s new headquarters on South 8th Street, John Egan, president of Southwestern Commercial Properties, took a few minutes to provide an overview of an ever-changing and sometimes challenging real estate development market. Among his top picks for the next round of new neighborhood and destination retail centers were the town of Monument, neighborhoods… Continue Reading Monument, Falcon lead likely development rebound list

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Doctors – from internists to specialists – are increasingly unwilling to accept new Medicare patients, and many are opting out of the program completely. In Colorado Springs, 5,000 Medicare patients were left with no primary care doctor when the Colorado Springs Osteopathic Foundation closed. Many doctors opt out of Medicare because of the “hassle factor,”… Continue Reading ‘Hassle’ causing doctors to avoid new Medicare patients

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Michael Velez had been a downtown retailer for 20 years, but last month he relocated Velez Gallery to Old Colorado City. The move was necessitated by what he believes is a changing retail environment in the downtown area. “I think downtown is a great place for night life, but people aren’t looking for window shopping,”… Continue Reading Velez already benefiting from move to Old Colorado City

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By Becky Hurley and John Hazlehurst   The U.S. Olympic Committee and the city are near agreement on a renegotiated deal that would ensure the USOC’s continuing presence in Colorado Springs. A high-ranking USOC official, who requested anonymity, characterized yesterday’s announcement that LandCo Equity Partners had dropped its lawsuit against USOC as “a positive step… Continue Reading New USOC deal nearing completion?

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A company that was created to help people walk away from their car leases early, seen a 29 percent increase in business in Colorado. “Last year, people wanted out of their SUV leases because of gas prices,” said spokesman Evan Sneider. “Now, they want out of their leases because of the economy.” People who want to… Continue Reading More drivers opting to leave car leases early

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A greater number of job ads might boost consumer confidence, but state legal officials and local workforce experts say not all ads are real and should be researched. Attorney General John Suthers warned Coloradoans today to be cautious of positions advertised on Web sites. And, the same old adage applies. “If a job sounds too… Continue Reading Job ads on the rise, but many false

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Americans are apparently using a household move as an opportunity to downsize their belongings. The average weight of a household move has decreased during the last four years, according to Mayflower Transit. The company said shipping weights has decreased 10 percent since it began tracking weights in 1994. Last year the average weigh was 6,751… Continue Reading Moving a chance to lighten the load of possessions?

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Jobs in Colorado’s clean energy economy grew more than twice as fast as overall jobs between 1998 and 2007, according to the Pew Charitable Trust. In its The Clean Energy Economy: Repowering Jobs study, Pew conducted national count of the jobs, companies and venture capital investments that supply the demand for environmentally friendly products and… Continue Reading Colorado green jobs growing twice as fast as other jobs

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The results of a new nationwide Office Team survey are clear: once summer rolls around, employees crave flexible schedules and early Friday quitting times. About 38 percent of 457 workers polled said they want the flexible schedules , and 32 percent said they want to leave work early on Fridays. “Employees appreciate flexibility in their… Continue Reading Poll states obvious: workers want to leave early on Fridays, be outside in summer

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