Tag: Wages
-
Colorado Springs electronics manufacturer adding 100 jobs as part of company expansion
—
by
Soaring demand for sophisticated electronic devices that can be as small as a coin has helped propel a major expansion for a Colorado Springs company. Spectrum Advanced Manufacturing Technologies, a more than quarter-century-old microelectronics manufacturer and whose products serve the aerospace and medical industries, the Department of Defense, NASA and other clients, said Tuesday it…
-
Colorado’s unemployment rate creeps up but is still lower than the U.S.
Colorado’s unemployment rate skipped up to 3.1% in August, Colorado Department of Labor and Employment data showed Friday, the first time in more than a year that the state’s rate exceeded 3%. The increase, which state economist Ryan Gedney said was not statistically significant, could be attributed to a small drop in employment and a…
-
Colorado workers see annual pay rates rise, but staffing and living cost issues remain
Coloradans are bringing home higher paychecks, according to a recent study. But is it enough? Recent data indicates that workers in Colorado have seen their pay increase by 7.4% over the last year, according to the June ADP National Employment Report produced by the ADP Research Institute in collaboration with the Stanford Digital Economy Lab…
-
Colorado Springs gains high-paying jobs with arrival of Nooks
—
by
Nooks, a company that offers classified workspaces and networks for businesses and governmental partners, will expand to Colorado Springs, opening its third and largest facility in the nation and bringing 35 jobs to the region in the coming years. Officials with Nooks announced their expansion Tuesday during the Space Symposium, the foremost gathering for the…
-
Skills gap, worker shortage, TABOR – takeaways from economic forum
—
by
Business and community leaders gathered Thursday for the 26th annual University of Colorado — Colorado Springs Economic Forum. It was the first in-person forum since the COVID-19 pandemic took hold in early 2019. In her main address, Tatiana Bailey, director of the UCCS Economic Forum, discussed the headwinds that could be forcing the economy into…
-
Colorado grocery workers reach deal with Safeway
United Food and Commercial Workers Local 7 announced Thursday that it reached a new three-year deal with Safeway and three Albertsons in Colorado and Rock Springs, Wyoming. Details of the tentative deal were not released, but it makes sure workers are “fairly paid and respected,” according to a news release. The deal still needs to…
-
King Soopers strike imminent after ‘last, best and final offer’
With United Food and Commercial Workers Local 7 union representatives rejecting King Soopers/City Market’s “last, best and final offer” Tuesday, it looks as though picket lines in metro Denver stores will materialize at 5 a.m. Wednesday. More than 8,700 workers at 78 Denver metro area stores plan to walk out Wednesday morning. Colorado Springs stores…
-
Colorado care workers hold protest in demand of wage board, investigation
Dozens of care workers rallied at the Colorado Department of Labor and Employment Thursday, demanding the state convene a wage board and investigate care workers’ wages. Protestors said care workers are underpaid, overworked and lack basic benefits, training and support. Over 50% of home care workers in Colorado rely on public assistance and over 33%…