Posts Tagged ‘unemployment’

Unemployment rate edges up to 7.4 percent

by admin Published: March 10,2010

Tags: unemployment

Colorado’s unemployment rate is up one-tenth of a percentage point to 7.4 percent. The state Department of Labor and Employment released seasonally adjusted figures for January on Wednesday. Donald Mares, director of the department, says Colorado’s unemployment rate may be volatile throughout 2010 but he expects it to improve. The number of Coloradans with jobs declined by 4,700 [...] [...]

Layoffs increase after four months of lower claims

by Amy Gillentine Published: February 23,2010

Tags: Bureau of Labor Statistics, mass layoffs, unemployment

Employers took 1,521 mass layoff actions in January, which resulted in 182,261 workers losing their jobs, said the Bureau of Labor Statistics. Each mass layoff involved at least 50 people from a single employer - and both layoff events and initial claims increased during January, after four consecutive decreases. Manufacturing had the most number of mass layoffs, [...] [...]

Colorado to borrow money to pay unemployment

by Staff Writer Published: January 11,2010

Tags: recession, unemployment

Colorado is likely to join 25 other states in borrowing from the federal government to continue paying unemployment benefits. Department of Labor and Employment Executive Director Donald J. Mares made the announcement to the state’s Joint Budget Committee last week. He said quick action is needed to address the projected shortfall in the state’s unemployment trust fund. “Like [...] [...]

CEOs don’t plan to hire for six months

by Associated Press Published: December 8,2009

Tags: CEOs, recession, unemployment

WASHINGTON - The CEOs of America’s largest companies do not expect employment to significantly improve in the next six months. A quarterly survey from the Business Roundtable found that 19 percent of companies expect to grow their work forces, while 31 percent predict a decrease in the next six months. That’s slightly better than the 13 [...] [...]

New jobless claims fall unexpectedly

by Associated Press Published: December 3,2009

Tags: unemployment

WASHINGTON (AP) - The tally of newly laid-off workers seeking unemployment benefits fell unexpectedly for the fifth straight week, a hopeful sign that the job market is slowly improving. Still, claims remain above the levels that most analysts say would be consistent with an economy that is adding jobs. The unemployment rate is at 10.2 [...] [...]

Fed officials warn weak recovery won’t spur jobs

by Associated Press Published: November 10,2009

Tags: recession, unemployment

WASHINGTON (AP) — Unemployment likely will remain high for the next several years because the economic recovery won’t be strong enough to spur robust hiring, Federal Reserve officials warned Tuesday. The cautionary note struck by the presidents of regional Fed banks in San Francisco and Atlanta were the first public remarks of Fed officials since the [...] [...]

Bookings tighten for holiday air travel

by Associated Press Published: October 8,2009

Tags: unemployment

A September increase in Colorado Springs enplanements - the first year-over-year monthly increase of 2009 -  might mean holiday travel seats will be scarce. Aviation Director Mark Earle said he expects the uptick to continue and officials are advising would-be travelers to book early. “We’ve seen evidence of improvement since early in the year, but so far it’s been a [...] [...]

Looking for a job? Network, skip job fairs

by Rebecca Tonn Published: August 17,2009

Tags: job fair, networking, unemployment

Job seekers can skip the job fairs, but need to brush up on social skills and networking, say researchers from the job-placement firm Challenger, Gray & Christmas. Networking is the most valuable tool for job seekers, their most recent survey said, followed by social/professional networking sites, such as Twitter, Facebook and LinkedIn. The survey of human resource [...] [...]

Home sales jump good for construction employment

by Becky Hurley Published: July 28,2009

Tags: new home sales, unemployment

The latest Census Bureau new home sales statistics showed sales of new homes in 13 western states, including Colorado, jumped in June from the previous month. [...]

Jobless claims at lowest level since January

by Associated Press Published: July 9,2009

Tags: jobless, unemployment

WASHINGTON (AP) - The number of newly laid-off workers filing initial claims for jobless benefits last week fell to lowest level since early January, largely due to changes in the timing of auto industry layoffs. Continuing claims, meanwhile, unexpectedly jumped to a record-high. While layoffs are slowing, jobs remain scarce and the unemployment rate is rising, [...] [...]

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