Tag: Microeconomics
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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. …
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Colorado unemployment matches record-low, pre-pandemic level
Colorado’s unemployment rate matched the record-low rate of 2.8% in January, according to the Colorado Department of Labor and Employment. It’s the most recent information available, and was released Monday. That rate remained steady between December and January while the state added 800 new jobs in that time, according to the department, which also released…
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Colorado unemployment rate continues decline
Colorado’s unemployment rate continued to decline at the end of 2022, and remained below the national average, according to a Friday report from the Colorado Department of Labor and Employment. The state’s unemployment rate declined in December to 3.3%. This is a two-tenths percentage decrease since the previous month, equaling a drop of 6,700 people…
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Colorado unemployment level drops slightly on strength of education and healthcare jobs growth
Colorado’s unemployment level dropped slightly in November to 3.5%, which caps a year of mostly steady decline from the 4.4% level a year ago, according to the Colorado Department of Labor and Employment Friday. That’s still below the national unemployment rate average of 3.7% last month. A state economist pointed to the strong job growth…
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Colorado first-time unemployment claims surge
First-time unemployment claims filed in Colorado last week surged to the highest level in more than three months even as the number of people receiving jobless benefits fell to a six-month low. Colorado first-time unemployment claims up slightly last week The 10,741 claims filed with the Colorado Department of Labor and Employment during the week…
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Colorado Springs unemployment edges lower as thousands return to job market
The Colorado Springs area unemployment edged lower in September, the U.S. Bureau of Labor Statistics reported Wednesday, but that decline doesn’t tell the whole story of the local job market. Colorado unemployment rate falls to lowest level since March More than 6,600 people rejoined the job market, with all but 47 of them finding work,…
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Colorado initial unemployment claims continue to edge higher
Colorado initial claims for 4th week edge higher First-time claims for unemployment benefits in Colorado rose last week for a fourth consecutive week, climbing to the highest level since late August, the Colorado Department of Labor and Employment reported Thursday. Claims filed by payroll workers in the week ending Oct. 10 increased 5.9% from the…
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Colorado first-time unemployment claims rise for second consecutive week
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Facebook Twitter WhatsApp SMS Email Print Copy article link Save Surging claims from self-employed people, independent contractors and “gig” workers sent first-time unemployment claims higher last week for a second consecutive week, the Colorado Department of Labor and Employment reported Thursday. Claims for the week…