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Mountain States economy continues slow growth

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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… Continue Reading Mountain States economy continues slow growth

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Springs unemployment falls to 9.7%

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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… Continue Reading Springs unemployment falls to 9.7%

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Unemployment benefits jump to 410,000

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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… Continue Reading Unemployment benefits jump to 410,000

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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… Continue Reading Are companies excluding applications from the jobless?

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Fewest requests for unemployment aid since 2008

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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… Continue Reading Fewest requests for unemployment aid since 2008

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Unemployment falls to 9%, nearly 2-year low

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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… Continue Reading Unemployment falls to 9%, nearly 2-year low

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Fewer people applied for jobless aid last week

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The number of Americans applying for unemployment benefits plunged last week, reversing a spike from the previous week largely caused by harsh winter weather. Applications for benefits dropped by 42,000 to a seasonally adjusted 415,000 in the week ending Jan. 29, the Labor Department said Thursday. They had surged in the previous week after snow storms… Continue Reading Fewer people applied for jobless aid last week

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How states fared on jobless benefits, at a glance

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Fewer people applied for unemployment benefits last week, the second drop in three weeks. The decline was small – applications dropped by 3,000 to 420,000 – but the downward trend is a sign that the job market is slowly healing. Here are the states with the largest changes in unemployment applications, and some of the… Continue Reading How states fared on jobless benefits, at a glance

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Springs tied for worst job market in the nation

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Forbes has listed Colorado Springs as one of the worst job markets in the country for this winter. The ranking is based on the quarterly Manpower employment outlook survey. The report said Colorado Springs has  a 3-percent employment decline for the first quarter of 2011, based on surveys that said 11 percent of employers plan… Continue Reading Springs tied for worst job market in the nation

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Some yoga studios are offering their own jobless benefit: free classes. With national unemployment just below 10 percent, $20 yoga classes don’t qualify as necessities for many unemployed people who’ve pruned luxuries from their budgets. So, now, in studios in New York, Columbus, Ohio, and other cities, former managers, laid-off limo drivers and other jobless… Continue Reading Unemployed get another jobless benefit — free yoga

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