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 26 percent for [...]
Continue reading …The U.S. economy suddenly looks a lot weaker. U.S. employers created only 69,000 jobs in May, the fewest in a year, and the unemployment rate ticked up. The dismal jobs data will fan fears that the economy is sputtering. It also puts President Barack Obama on the defensive five months before his re-election [...]
Continue reading …The price of oil dipped below $93 a barrel on Thursday, extending a sharp two-week sell-off, as traders monitored Europe’s debt crisis and its potential impact on global growth. Benchmark oil for June delivery rose 8 cents to $92.89 a barrel in midday trading on the New York Mercantile Exchange. The contract hit [...]
Continue reading …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 [...]
Continue reading …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 [...]
Continue reading …Pikes Peak Community College packs a $323 million economic punch to El Paso County, and that’s just a portion of the $3 billion annual economic impact that community colleges bring to Colorado.
Continue reading …The economy – both nationally and locally – is on a slow mend, but no economist in the world is ready to proclaim “mission accomplished,” said a senior economist for Wells Fargo.
Continue reading …Employers posted slightly more job openings in February, suggesting that modest hiring gains will continue in coming months. The Labor Department said Tuesday that employers advertised 3.5 million job openings in February. That was a slight increase from a revised 3.48 million in January but still below the three-year high of 3.54 million in December. [...]
Continue reading …Employer costs for compensation for workers across the nation varied from a low of $25.88 an hour in the south to $32.85 in the northeast regions, according to the U.S. Bureau of Labor Statistics. Employer costs in the West were $29.90 and in the Midwest were $27.66, according to the statistics. Wages and salaries in [...]
Continue reading …The price of oil is falling after Saudi Arabia promised to keep markets well-stocked with petroleum. The world’s biggest oil producer made the announcement Tuesday in reaction to fears that a standoff over Iran’s nuclear program could hurt oil supplies from the Middle East. The Saudis say they’re ready to meet any shortfalls — perceived [...]
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