Gap Inc. today announced that it will close 21 percent of its U.S. stores. There is only one Gap store in Colorado Springs. It’s located at the Chapel Hills Mall at 1710 Briargate Boulevard. Staff at the store directed questions about the store’s future to corporate offices. “With respective to providing a list of stores [...]
Continue reading …Congress and the White House face the choice of continued fighting or a shift toward bipartisan bargaining after the Senate voted to kill President Barack Obama’s $447 billion jobs plan. They’re likely to do both as they seek to produce results sought by a discontented public while also drawing bright political lines for voters as [...]
Continue reading …A bill that would make it easier to create offseason jobs in resort communities has cleared the U.S. House of Representatives. The sponsor, Rep. Diana DeGette, says the bill will revise the current ski-only permitting rules for ski areas on U.S. Forest Service land. DeGette said the bill will create stable, year-round jobs in the [...]
Continue reading …Colorado economists say the state’s job prospects may be doing better than people think. University of Colorado economist Richard Wobbekind says Colorado will see job growth of as many as 25,000 jobs this year, more than double the forecast from just three months ago. Patty Silverstein, an economist and president of Littleton’s Development Research Partners, [...]
Continue reading …President Barack Obama is heading to Denver to pitch his jobs plan in the city where he accepted the Democratic nomination. But as he’s acknowledged at fundraisers up and down the West Coast, this election isn’t like 2008. Obama told a star-studded Hollywood fundraiser Monday night that this time around people are weary, and the [...]
Continue reading …A Honda dealership slated to open at the end of the month at the Powers Auto Park is hiring roughly 50 full-time local employees. The Piercey Automotive Group, based in Southern California, is opening the new dealership, but is only sending a few employees from its headquarters. The rest of the new staff will be [...]
Continue reading …President Barack Obama tapped labor economist Alan Krueger for a top administration post Monday, rounding out his White House economic team ahead of a highly-anticipated announcement next week on a new jobs initiative. Obama announced Krueger’s nomination to chair the White House Council of Economic Advisers in a Rose Garden ceremony Monday morning. The president [...]
Continue reading …There were 3.1 million job openings on the last business day of June – essentially unchanged from May, the U.S. Bureau of Labor Statistics reported today. But for every job opening there are 4.5 unemployed people. The number of job openings has been relatively flat since February 2011 and remains well below the 4.4 million openings [...]
Continue reading …The City of Colorado Springs will contract with private companies for $1.68 million in road projects that are expected fund 20 construction jobs. The projects will be open for bid, and work is scheduled to begin August 22. They include: • Cimarron Street from East Sierra Madre Street to West of Wahsatch Avenue; • Cascade [...]
Continue reading …Employers in Colorado added 4,500 nonfarm payroll jobs from May to June, dropping the state’s unemployment rate to 8.5 percent, according to the state’s Bureau of Labor and Employment. While there was a net increase overall, government jobs dropped by 2,600 jobs, while the private sector added 7,100. June marked the fourth straight drop in [...]
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