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The unemployment rate is one of the most closely watched, yet least understood pieces of economic data. On the surface it appears simple: in December the Colorado Springs unemployment rate was 9.4 percent, while Pueblo’s was an even higher 10.3 percent. Doesn’t that mean that around 10 percent of adults in southern Colorado who wanted… Continue Reading The real jobs numbers aren’t where you think they are

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Dollar tumbles after disappointing jobs report

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The dollar tumbled broadly Friday after a November jobs report showed a higher rate of unemployment in the U.S., a sign that the economic recovery is still struggling. The dollar dove as the U.S. government said the unemployment rate increased to 9.8 percent last month from 9.6 percent in October. That’s the first increase since… Continue Reading Dollar tumbles after disappointing jobs report

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California firm seeking local employees

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A Santa Barbara, Calif., based company is expanded its customer support services to Colorado Springs. Granada Corp., a customer support service company focuses on clients that serve the Hispanic market. The company is seeking bilingual claims customer service people for 20 positions and insurance telephone salespeople in the Springs. The employees will work from their… Continue Reading California firm seeking local employees

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Springs unemployment creeps up to 9.2

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Unemployment in Colorado Springs increased slightly in October, from 9 percent to 9.2 percent the month before, and it increased a full percentage point from October 2009. The unadjusted rate in the Springs was 8.8 percent, up from 8.7 percent in September of this year, and a sharp rise from the 7.6 percent a year… Continue Reading Springs unemployment creeps up to 9.2

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Progressive insurance to hire 200 in Springs

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Progressive car insurance said today it plans to fill 200 new phone sales and service positions in Colorado Springs by the end of January. The phone representatives will sell policies and answer customer questions. The jobs require a minimum of two years’ post secondary education or two years’ work experience in a customer service environment.… Continue Reading Progressive insurance to hire 200 in Springs

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Construction industry begins to recover jobs

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Construction employment expanded in 56 out of 337 metropolitan areas between August 2009 and August 2010 according to a new analysis of federal employment data released this week by the Associated General Contractors of America. More cities added construction jobs during the past year than at any point since September 2008, indicating that the worst… Continue Reading Construction industry begins to recover jobs

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Toys R Us to hire 45,000 workers for holidays

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Toys R Us will hire about 45,000 employees to help with the holiday season, doubling its U.S. work force. The privately held toy company said Tuesday that it is hiring more workers than in the past three holiday seasons because of an additional 600 smaller stores located in malls and shopping centers. Those “pop-up” stores… Continue Reading Toys R Us to hire 45,000 workers for holidays

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FedEx 1Q profit doubles; will cut 1,700 jobs

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FedEx Corp. indicated Thursday that the global economic recovery remains uneven. It touted strength in its international shipping operations while moving to fix the weak spot in its business: its money-losing U.S. trucking business. FedEx did raise its financial outlook for the full fiscal year after its first-quarter net income doubled. But the projections for… Continue Reading FedEx 1Q profit doubles; will cut 1,700 jobs

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Huntsville, Ala., has been beating Colorado Springs at the aerospace jobs game for a long time. As Business Journal reporter Amy Gillentine reported in last week’s issue, the reasons why are numerous. They’re winning because their efforts are coordinated. Huntsville enjoys widespread private and public support for its economic development organizations. There’s a prevailing belief… Continue Reading Let’s see a lot more focus on attracting space jobs

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A $26 billion jobs bill signed this week by President Barack Obama could save 2,600 teaching jobs in Colorado. U.S. Rep. Jared Polis says the bill will provide Colorado school districts with $160 million, to be distributed to school districts throughout the state. He said without the bill, class sizes would be larger for students… Continue Reading Colo. school districts get stimulus to save jobs

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