Posted inNews

What’s behind next year’s 9% minimum wage increase in Denver and Colorado

At The Preservery, a neighborhood eatery in Denver’s RiNo neighborhood, the cost of food and other expenses has gone up at least 20% since the pandemic. Rent is higher. There are also additional costs to boost job openings online, which has “for sure” added 60% to recruitment expenses, said co-owner Whitney Ariss. But faced with […]

Posted inBusiness, Economy, News

What’s Working: Colorado is offering up to $50,000 to tap into an old-timey resource — apprenticeships

As the challenge continues for employers to fill job openings — and workers try to get a job offer — there’s been a big push by the state of Colorado to tap into an old-timey resource: apprenticeships. But first, in local economic news, Colorado’s February unemployment rate came in at 4%, which is slightly lower […]

Posted inBusiness, Economy, News, Technology

What’s Working: Denver business leaders say $45,000 is the new “scrape-by” wage

If you’ve been wondering what Denver’s business leaders think about work, jobs and unemployment, a pretty large source of influence had already taken a stand.  “An economy that doesn’t work for all Coloradans doesn’t work for us,” Prosper CO says on its website. The organization was started as a committee two years ago by the […]

Posted inBusiness, Economy, News

Unemployed Coloradans want work that pays a livable wage as employers struggle to fill openings

With the summer season just days away, Island Grill at the Frisco Bay Marina is short 70% of its usual seven-person kitchen crew.  Owner Bob Kato, who also operates the Tavern West restaurant on West Main Street, says the labor crunch is especially hard this year. Both restaurants are hiring just as other businesses in […]

Posted inOpinion, Opinion Columns

Opinion: To help save Colorado restaurants, we need another round of alcohol to go

Over the past 15 months, Coloradans have experienced many things that we never could have imagined prior: a global pandemic, the shutdown and closure of scores of beloved local businesses, remote schooling for countless children, and so much more.  Colorado restaurants have been severely impacted between the spring and winter 2020 indoor-dining shutdowns and the […]

Posted inBusiness, Economy, News

Colorado is offering up to $1,600 to people on unemployment who find a full-time job

Start a full-time job by May 29, stick with it for two months and get a $1,600 signing bonus from Colorado. That’s the new message Gov. Jared Polis began promoting to Coloradans on unemployment on Wednesday.  But the new Colorado Jumpstart Program incentive has some disqualifiers even for jobless workers who end up with full-time […]

Posted inBusiness, Economy, News

Colorado’s pandemic job losses not as bad as previously announced

Colorado’s job losses weren’t as terrible as previously thought. With newer data, the state Department of Labor and Employment on Monday said it revised December’s unemployment rate to 6.9%, which sounds a lot better than the 8.4% announced earlier. Ryan Gedney, the labor department’s senior economist, said the change is due to the U.S. Bureau […]

Posted inBusiness, Economy, News

New Year, new minimum wage: Colorado’s hourly rate jumps to $12.32 an hour

A new minimum wage increase will take effect in Colorado on New Year’s Day, bringing wages to $12.32 an hour, or $9.30 for tipped workers.  The 2.7% statewide increase is based on language in the Colorado Constitution, which mandates annual inflation adjustments based on the consumer price index. Colorado voters approved a constitutional amendment in […]