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The United States should not follow Europe’s example in creating huge subsidies for alternative energy. A study that examines Spain’s success in creating and retaining jobs in the “green energy” sector contains sobering implications for similar policies in the United States. The study says that every renewable energy job created by Spanish government subsidies “destroyed”… Continue Reading Spanish study claims green energy initiatives kill jobs

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Sallie Mae adding 2,000 jobs in 18 months

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RESTON, Va. (AP) — Sallie Mae said Monday that it will bring 2,000 jobs to the U.S. within the next 18 months as it shifts call center and other operations from overseas. The move is welcome news to the country’s jobless, whose numbers have climbed past 13 million. “The current economic environment has caused our… Continue Reading Sallie Mae adding 2,000 jobs in 18 months

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City gets “Top Ten” nod from Forbes

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Forbes.com has ranked the Colorado Springs #10 on its top 10 “Best Place for Business and Careers” list, out of the country’s 200 largest metropolitan areas. The city ranked 25th in the “educational attainment” category, 11th for income growth potential and 28th for job growth projected. Raleigh, N.C., got first place honors, but Fort Collins… Continue Reading City gets “Top Ten” nod from Forbes

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By Sean Paige Executive director of Local Liberty Action and the editor of Local Liberty Online.org. Excellent recent reporting by the Business Journal indicates that the city’s $53 million “private-public partnership” to provide the U.S. Olympic Committee with a new downtown headquarters might be in significant trouble. This seems especially bad news for folks backing… Continue Reading Colorado Springs’ track record on ‘investments’ raises red flags

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By Douglas Stimple CEO of Classic Cos. Do you believe our community needs to take more decisive steps to create, attract and retain jobs for our residents and families? If you are one of the 79 percent of our residents who indicated such a belief in a recent community poll, an opportunity exists to make… Continue Reading Passage of 1A will ensure city’s long-term economic vitality

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USOC cuts budget, 54 jobs

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The United States Olympic Committee has begun reducing its 2009 operating budget by $7.1 million, which will mean the elimination of 54 jobs. Officials say the budget reduction – from $142.6 million to $135.5 million – is necessary because of the economic downturn. The reductions represent more than 10 percent budget that is not allocated… Continue Reading USOC cuts budget, 54 jobs

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MedData adding 25 jobs to Springs

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Emergency medicine billing and management services provider MedData is adding 25 jobs to its Colorado Springs office. The additions come as a result of the cancellation of an outsourced call center in India. The company’s inbound calls will now be routed to Colorado Springs and Brecksville, Ohio, which will also see 25 jobs added. CEO Doug… Continue Reading MedData adding 25 jobs to Springs

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Colorado’s share of weatherization stimulus money could mean some jobs for the state. The federal government will give Colorado more than $128 million for the state’s weatherization and energy programs as part of the American Recovery and Reinvestment Act. Sens. Mark Udall and Michael Bennet said Colorado will get $79.5 million for the weatherization program… Continue Reading Weatherization money could blow a few jobs into town

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USOC to cut work force

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WASHINGTON – The U.S. Olympic Committee announced today it will trim its workforce, further reduce programming and slash more administrative expenses in cost-cutting measures that should save $7.1 million.A gloomy economic forecast prompted the 10-member USOC board to implement the undetermined number of layoffs, expected within a month among 330 employees at the Olympic Training… Continue Reading USOC to cut work force

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Peak Vista Community Health Centers will receive $1.3 million from the American Recovery and Reinvestment Act. The money will aid 5,240 patients and create at least 40 jobs. The money is being distributed by the Health and Human Services Administration and is part of $155 million in grants set aside for community health centers. “These… Continue Reading Peak Vista stimulus money to create 40 jobs

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