Tag: Jobs Growth
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Dynatrace growing downtown Denver hub
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Software and technology company Dynatrace cut the ribbon on shiny new office space in Denver’s Lower Downtown neighborhood last week to house an expected 400 employees in years to come. It’s one of the rare companies that didn’t take any economic incentives from the city of Denver, or Colorado’s Office of Economic Development and International…
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Colorado’s unemployment drops again, recovers all pandemic job losses
Colorado’s unemployment rate continues its slow but steady decline. June’s household survey found that the state’s unemployment level edged down a tenth of a percentage point to 3.4%, the Colorado Department of Labor and Employment reported Friday. It has been 12 consecutive months of flat or dropping unemployment levels, according to the department. Colorado’s unemployment…
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Northglenn lands Prost Brewing headquarters
Northglenn and Adams County economic development officials said “prost” Tuesday after Denver-based Prost Brewing Co. announced it would move its headquarters to Northglenn and build a German-style biergarten at 104th Avenue and I-25, similar to its biergarten in Highlands Ranch. Prost means “cheers” in German. The 10-year-old brewery was looking to possibly move its headquarters…
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Colorado unemployment rate drops again in May
Colorado’s unemployment rate fell to 3.5% in May, its lowest level since the pandemic began. And the state’s economy has recovered more than twice as quickly as it did during the Great Recession, the Colorado Department of Labor and Employment announced Friday. May was the 11th month in a row in which Colorado’s unemployment rate either…
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Colorado tries luring Australian green energy company
Colorado’s Economic Development Commission on Thursday approved almost $9.4 million in incentives to try to lure four companies to the state, including an Australian “green energy” company. The companies could create nearly 1,100 local jobs, officials said. The biggest package would go to a company that the state is calling “Project Chamomile,” which it described as…
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AUSDenver looks to link ‘outback’ businesses with Colorado
A group of Australian companies new to Denver has teamed with the city to form the AUSDenver Business Hub at Galvanize Denver Platte, 1644 Platte St., according to a news release. The 501(c)(3) nonprofit says its goal is to support “business relationships between Australia-owned businesses and the broader business community in Colorado.” “We are excited…
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Denver office market among top recovering in country
Metro Denver’s office space market is outpacing the activity it saw in pre-pandemic times, one of the top three cities in the nation to do so, according to a January report from commercial real estate giant CBRE. “Office leasing activity in metro Denver jumped 39 points in January, now standing 17% above Denver’s pre-pandemic baseline,”…
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Rocket Lab plans space systems complex in Littleton
Facebook Twitter WhatsApp SMS Email Print Copy article link Save The positive aerospace industry growth news for metro Denver keeps rolling in. The latest is from Rocket Lab USA, Inc. which announced it’s opening a new space systems complex in Littleton “to support growing customer demand for flight software, mission simulation and Guidance, Navigation and…
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Report: Colorado economy in ‘recovery mode’
Colorado’s employment will recover to pre-pandemic levels this year, with some industries already fully recovered, and the state’s inflation rate remained lower than the national average last year, according to the Colorado Secretary of State’s Quarterly Business & Economic Indicators report for the fourth quarter of 2021. “The state is in recovery mode,” according to…