Tag: Economics
-
Colorado Economic Development Commission approves $14 million in incentives
Five companies could potentially bring nearly 1,300 new jobs across Colorado with economic development incentives to entice them. The Colorado Office of Economic Development and International Trade’s Economic Development Commission Thursday approved just over $14 million in economic incentives for five companies identified only by project names to keep the company’s names secret during negotiations. …
-
Colorado unemployment rate falls again in March
Colorado’s unemployment rate tumbled again in March as the state’s economy continues to recover from the COVID-19 pandemic. The rate slid to 3.7%, down from 4% in February, the Colorado Department of Labor and Environment reported Friday. That’s the lowest level since 2.8% in February 2020, right before the pandemic cratered many industry sectors, forcing mass…
-
Colorado unemployment edges lower but for wrong reasons
—
by
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado’s unemployment rate edged lower to 6.1% in July, but only because nearly 3,000 people left the job market and as a result were not counted as unemployed, the U.S. Bureau of Labor Statistics reported Friday. The July jobless rate, which had been 6.2% in…
-
Colorado’s regular unemployment claims break 9,000 for first time since July
Initial regular unemployment claims in Colorado hit 9,171 for the week ending Nov. 14 — the highest number since July 11, according to data released Thursday by the Colorado Department of Labor and Employment. This is the fourth week in a row that initial claims have increased. Initial regular unemployment claims jumped by more than…
-
Aurora City Council narrowly rejects minimum wage increase
The Aurora City Council turned down a watered-down minimum wage increase during a virtual meeting early Tuesday morning. Community members turned out in droves for the meeting, discussing a proposal to increase the city’s minimum wage to $17 by 2025. The proposal, led by council members Alison Coombs and Juan Marcano, would have raised Aurora’s…
-
Experts say gasoline demand, prices dropping nationally and statewide
—
by
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Facebook Twitter WhatsApp SMS Email Print Copy article link Save Gasoline demand in the U.S. has decreased to the lowest levels since June, according to an American Automobile Association analysis released Monday. The analysis found that national gasoline demand is at 8.3 million barrels per…