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CEOs don’t plan to hire for six months

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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… Continue Reading CEOs don’t plan to hire for six months

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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… Continue Reading New jobless claims fall unexpectedly

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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… Continue Reading Fed officials warn weak recovery won’t spur jobs

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Bookings tighten for holiday air travel

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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… Continue Reading Bookings tighten for holiday air travel

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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… Continue Reading Looking for a job? Network, skip job fairs

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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. Continue Reading Home sales jump good for construction employment

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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… Continue Reading Jobless claims at lowest level since January

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Colorado’s online unemployment claims system crashed repeatedly during the weekend, leaving those required to file progress reports without a method to do so and many more worried they won’t receive their benefits. Technicians are working on the system and hope to have it fixed later this afternoon or tomorrow, but officials confirmed that the crash could… Continue Reading State’s online unemployment filing system crashes

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WASHINGTON (AP) – The total number of people on the unemployment insurance rolls dropped for the first time since early January, the government said Thursday, while new claims for benefits rose slightly.The report shows that job losses are easing after companies made deep cuts earlier this year. But it’s not clear whether recipients of unemployment… Continue Reading Jobless benefit numbers drop by nearly 6.7 million

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State unemployment rate declines slightly

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Colorado’s unemployment rate dropped a tenth of a percentage point from March to April, the first month-to-month decrease since October 2007.However, labor officials cautioned that further jobless-rate increases lie ahead. The April statewide rate was 7.4 percent, down from 7.5 percent in March, according to the Colorado Department of Labor and Employment reported. The April… Continue Reading State unemployment rate declines slightly

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