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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 [...]

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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 [...]

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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 [...]

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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 [...]

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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 [...]

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Responding to criticism from lawmakers and jobseekers, Colorado Gov. Bill Ritter issued an executive order Wednesday directing state agencies to track job creation. The executive order requires the Colorado Economic Development Commission to include information about job-creation activities in its annual report to the state Legislature. It also instructs the commission to prepare a plan [...]

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The economy got what it was looking for in April: A burst of hiring that added a net 290,000 jobs, the biggest monthly total in four years. The improving picture drew so many more people into the labor force in search of employment that the jobless rate rose to 9.9 percent. The hiring last month [...]

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Everest could bring more than 500 jobs

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Everest College, a private, higher-education company with campuses nationwide, could employ 500 or more people at the former Intel plant in Colorado Springs. News surfaced Wednesday that the college had leased 70,000 square feet on the Corporate Ridge Office and Technology Center campus. Competition for the education provider’s new online division headquarters was intense. As [...]

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USAA adding 200 jobs

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Armed forces insurance provider USAA said today it will bring 200 jobs to Colorado Springs when it opens a financial services division in April. “Our mission is to facilitate the financial security of our members, the men and women of the U.S. armed forces and their families,” said Jim Salek, vice president and general manager of USAA’s Colorado [...]

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Small businesses need proper tools to create jobs

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The message from President Barack Obama is clear: we must give small businesses the tools they need to create the jobs America needs. Small businesses are the biggest engine for job creation, having created nearly 65 percent of net new jobs over the last 15 years. However, in this tough economic climate, small businesses still [...]

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