Posts Tagged ‘unemployment’
The economy in the mountain states of Colorado, Utah and Wyoming continues to grow, but that growth has slowed slightly, according to the Business Conditions Index put out by the Goss Institute for Economic Research. For nearly two years, the indicators show growth above neutral. The overall index slipped to 56.8 this month from 57.4 [...] [...]
Colorado saw no change in the state unemployment rate from June to July of this year, according to figures from the Colorado Department of Labor and Employment. The state added 3,200 nonfarm payroll jobs, for a total of 2.2 million people employed in the state, according to the monthly survey of business establishments. Government jobs [...] [...]
Hiring picked up slightly in July and the unemployment rate dipped to 9.1 percent. The modest improvement may quiet fears of another recession, but it wasn’t enough to prevent another losing day on Wall Street. Employers added 117,000 jobs last month, the Labor Department said Friday. That’s better than the past two months, which were [...] [...]
Stocks slumped again Wednesday as worries about the U.S. economy deepen. The Dow Jones industrial average was down 101 points in afternoon trading, putting in on track for its ninth straight day of losses, the longest losing streak since February 1978. The S&P 500 index was headed for its eighth straight loss. Investors are becoming [...] [...]
The overall economic index for the mountain states region shows slow, positive growth in the months ahead. Colorado’s leading economic indicator dipped slightly – but is still growing. New orders, sales and production, inventories and employment all showed gains. “Driven by solid employment gains and unemployed exiting the work force, Colorado’s unemployment rate has declined [...] [...]
Colorado Springs unemployment rate in March fell to 9.7 percent, the drop in more than a decade. Even though the news is encouraging, it still means more than 30,000 residents were out of work during the month. The March rate is down from a revised 10.2 percent in February Area payrolls in March grew 0.2 percent [...] [...]
by Associated Press Published: February 17,2011
Tags: unemployment
More people applied for unemployment benefits last week, one week after claims had fallen to the lowest level in nearly three years. The big drop a week earlier had occurred largely because bad weather in many parts of the country had kept people from applying for benefits. The Labor Department said Thursday that 410,000 people [...] [...]
by Associated Press Published: February 16,2011
Tags: unemployment
Are companies saying no to jobless applicants when there are job openings? After news accounts about the practice and requests from concerned lawmakers, the Equal Employment Opportunity Commission has jumped in, trying to figure out whether it’s widespread and could violate federal job discrimination laws. Commissioners at an EEOC hearing Wednesday said they are investigating [...] [...]
by Associated Press Published: February 10,2011
Tags: unemployment
The number of people applying for unemployment benefits plunged last week to the lowest level in nearly three years, continuing a downward trend that suggests hiring could pick up this year. Applications sank by a seasonally adjusted 36,000 to 383,000, the lowest point since early July 2008, the Labor Department reported Thursday. Some analysts cautioned [...] [...]
by Associated Press Published: February 4,2011
Tags: unemployment
The unemployment rate is sinking at the fastest pace in half a century because a surprisingly large number of people say they’re finding work. The decline conflicts with a survey of businesses that showed weak job growth last month. But that survey doesn’t count the self-employed and likely undercounts the nation’s smallest businesses. Also, harsh [...] [...]
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