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State personal income growth slowed

State personal income growth slowed

Average state personal income growth slowed to 2.6 percent in 2013 from 4.2 percent in 2012, according to estimates released Tuesday by the U.S. Bureau of Economic Analysis. State personal income growth ranged from 1.5 percent in West Virginia to 7.6 percent in North Dakota, with every state growing more slowly in 2013 than in… Continue Reading State personal income growth slowed

Across the nation, unemployment rates were lower in August than the prior year in 311 of 372 metropolitan areas, higher in 47 areas, and unchanged in 14 areas, the U.S. Bureau of Labor Statistics reported Monday. Although 28 metropolitan statistical areas had jobless rates of at least 10 percent, 41 had rates of less than 5 percent–and 288… Continue Reading BLS shows unemployment largely declining across nation, state

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Prices in the western region of the United States dropped slightly in November, according to the U.S. Bureau of Labor Statistics. The consumer price index dropped .2 percent last month, influenced by lower prices for electricity and gasoline. During the last 12 months, the consumer price index rose 3.2 percent. Energy prices jumped 13.4 percent,… Continue Reading Consumer Price Index drops slightly during November

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Colorado businesses lay off 1,235

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Colorado businesses laid off 1,235 people in the third quarter of 2011, according to the Bureau of Labor Statistics.  Low demand for business was the biggest reason for the layoffs. Across the country, there were more than 184,000 people let go from their jobs, fewer than this time last year. Layoffs due to completion of… Continue Reading Colorado businesses lay off 1,235

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Area prices were down for the month, but up nearly 3.1 percent over a year ago, according to the Bureau of Labor Statistics. The June decrease was influenced by lower gas prices, but the consumer price index for the Western region advanced over the same time last year, said regional commission Stanley W. Suchman. Energy… Continue Reading Consumer index shows year-over-year increase

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Wages, employment up in Colorado counties

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Employment rose in all nine large counties in Colorado for the fourth quarter of 2010, according to the U.S. Bureau of Labor Statistics. El Paso County’s employment growth was an anemic .5 percent, far below the national average and lower than Arapahoe, Boulder and Denver Counties. It was ranked 173rd in the nation. The average… Continue Reading Wages, employment up in Colorado counties

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Nationally, employee costs among private industry employers in the United States averaged $28.10 an hour in 2009– with 70 percent of those costs coming from actual wages and nearly 30 percent for benefits, according to newly released information from the U.S. Bureau of Labor Statistics. In the West, wages and salaries averaged $21.28 and accounted… Continue Reading Average compensation in the West: $29.95 per hour

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Nearly half of the nation’s 372 metropolitan areas saw year-over-year employment increases in November. While 16 remained the same, 176 had decreases in nonfarm payroll employment, according to the Bureau of Labor Statistics. For the same month, unemployment declined. Job less rates in 114 metropolitan areas hovered at or above 10 percent, a decrease from… Continue Reading Employment increases in half of U.S. metro areas

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Hospital pay levels have steadily dropped during the past decade and now match the average pay for all workers, according to the U.S. Bureau of Labor Statistics. Information from the bureau shows that the cost increases to hospitals for wages and salary growth were 5.7 percent higher than they were in the fourth quarter of… Continue Reading Hospital pay not what it used to be

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Private industry employer costs

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In June, private-industry employer costs for employee pay ranged broadly among the four geographic regions of the nation. In the West, average costs for compensation were $24.69 per hour, and the Midwest was $26.64 per hour. The lowest region was the South, at $24.69 per hour, while the highest was the Northeast, at $32 per… Continue Reading Private industry employer costs

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