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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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Companies in March advertised the most jobs since the peak of the 2008 financial crisis, a sign that hiring is likely to remain healthy in the months ahead. Job openings rose by 99,000 to 3.1 million in March, the Labor Department said Wednesday. That’s the highest level of openings since September 2008 and the second… Continue Reading Job openings rise to highest level since Sept. ’08

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Businesses in February posted the largest number of job openings in more than two years, evidence that hiring is picking up as the economy grows. The Labor Department said Wednesday that employers advertised 3.1 million available jobs that month, the most since September 2008. That was the height of the financial crisis, when Lehman Brothers… Continue Reading Job openings rise to highest level since September 2008

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Fewer Americans applied for unemployment benefits last week, a sign that layoffs are dropping and employers may be hiring more workers. The Labor Department says the number of people seeking benefits dropped 10,000 to 382,000 in the week ending April 2. That’s the third drop in four weeks. The four-week average of applications, a less… Continue Reading Fewer Americans sought unemployment aid last week

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Vectra Bank’s Small Business Index for Colorado measured 113.2 for February, up from a revised 112.8 in January. Improving employment data accounted for the slight uptick. Colorado’s unemployment rate – the most heavily weighted component of the index – was estimated at 8.8 percent in the most recent month, unchanged from the prior month. Twelve… Continue Reading Change in employment outlook gives Vectra business index a boost

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As bad as the job market is for unemployed professionals in El Paso County, the situation is even worse for military veterans looking to enter the workforce. El Paso County is home to nearly 80,000 veterans, and last year 15,277 of them, or 19 percent, registered with the Pikes Peak Workforce Center for help finding… Continue Reading Veterans lining up to battle for jobs after military life

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Wisconsin governor warns of layoff notices

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Wisconsin Gov. Scott Walker warned Tuesday that state employees could start receiving layoff notices as early as next week if a bill eliminating most collective bargaining rights isn’t passed soon. Walker said in a statement to The Associated Press that the layoffs wouldn’t take effect immediately. He didn’t say which workers would be targeted but… Continue Reading Wisconsin governor warns of layoff notices

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Industry economists say the U.S. economic recovery is gaining strength, with more firms expressing positive hiring plans than in over a decade. A new survey from the National Association for Business Economics finds that economists are more hopeful about overall economic growth, the job market and demand for companies’ products and services by many measures… Continue Reading Poll: Hiring plans top layoffs by most in 12 years

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Obama wants to shed rules that hurt job growth

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Taking another step toward mending his relationship with the business community, President Barack Obama will order a review of federal regulations with an eye toward getting rid of those that stifle job creation and hurt economic growth The president planned to sign an executive order Tuesday telling federal agencies to look for rules that place… Continue Reading Obama wants to shed rules that hurt job growth

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More people applied for unemployment benefits last week after retailers shed temporary holiday employees. The Labor Department said today that the number of people seeking benefits jumped by 35,000 to a seasonally adjusted 445,000 for the week ending Jan. 8. It was the highest level since late October. The increase comes after applications had fallen… Continue Reading Unemployment numbers jump after holiday help laid off

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