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Employment data aren’t quite as opaque as the unemployment rate that we discussed last week, but there is still room for lots of confusion. Take the December data that were released for Colorado Springs a couple of weeks ago. We learned: Employment, at 275,400 jobs, was unchanged from November, but 4,500 jobs lower than December… Continue Reading Why the local jobs picture is so hard to figure out

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While Congress delays, defense contractors fret

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It’s four months into the fiscal year, and Congress has not passed the defense budget. That inaction has CEOs of the major defense companies, many of which have offices and employees in Colorado Springs, a little nervous. The Department of Defense is operating at 2010 budget levels, which bans starting new programs and limits production… Continue Reading While Congress delays, defense contractors fret

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People on the Move – February 11, 2011

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Infront Webworks has hired Dale Warner as its Internet marketing director. He will develop online marketing strategies for Colorado Springs businesses and nonprofit organizations. BiggsKofford has hired Wendy Rowe as a senior associate. She previously worked as an internal auditor for Atmel. Rowe is a graduate of Husson University, with a bachelor’s degree in accounting.… Continue Reading People on the Move – February 11, 2011

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On the Horizon – February 11, 2011

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Feb. 15 Logo Design Basics­ The Small Business Development Center will offer a class about business logo designs from 9 a.m. to noon Feb. 15 at the SBDC offices on the UCCS campus, 1420 Austin Bluffs Parkway. The class fee is $30. Call (719) 255-3844 to register. Feb. 16 Making ethical business decisions The Small Business… Continue Reading On the Horizon – February 11, 2011

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Much has been written about the 33 Chilean miners whose rescue from their underground prison of 70 days we all witnessed on TV. They were a truly inspiring team of ordinary workers who have much to teach us about how to lead in these trying times. Crises can unite us or destroy us. They can… Continue Reading Key lessons from Chile’s spectacular mine rescue

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Labor unions: From political winners to losers

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Even in politics, things can change pretty darn quickly. Consider the recent ups and downs of labor unions in the political arena. During the 2008 presidential campaign, labor unions went all in on Barack Obama. He was on board with most of their legislative agenda. Make it easier to unionize a workplace? Expand opportunities to… Continue Reading Labor unions: From political winners to losers

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Construction is under way on a $15 million medical office building going up on the east side of the Penrose Hospital campus. The 72,000-square-foot, four-story building will be developed and managed by Denver-based Westfield Development Co. Westfield is leasing the ground from Penrose Hospital, but will own the building and rent out the office space.… Continue Reading $15M medical building under construction at Penrose

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Snow equipment sales soar

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Thanks to La Niña, fans of snow sports spent a record $1B in December. That’s good news for resorts and local retailers. After early-season snow storms blanketed much of the nation, retailers have caught some serious air. Retail sales of snow-sports items hit $1 billion in December, an all-time one-month record. Not surprisingly, sales of lift tickets increased, as… Continue Reading Snow equipment sales soar

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While hospital actuaries crunch their own numbers, Memorial Health System and the Public Employees Retirement Association are at a standstill about how much the hospital should pay to become an independent, nonprofit system. Continue Reading Memorial’s way forward lies in uncharted territory

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Apartment market at tipping point

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It has been a renter’s market in Colorado Springs for most of the last decade, but that’s about to change. Demand for apartments and rental homes is up because homeowners whose houses have been foreclosed upon are renting now, and builders are holding off on constructing apartment complexes until the economy strengthens. Rental vacancy rates… Continue Reading Apartment market at tipping point

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