A day after the head of America’s banking system said the nation isn’t in a recession, the U.S. Commerce Department said the nation’s economy shrank. Again. For the second quarter in a row. Conventional wisdom often calls this a recession — or “a significant decline in economic activity that is spread across the economy and […]
Great Resignation
Posted inNews
How a Colorado McDonald’s weathered the Great Resignation with fiesta-themed birthday parties
Tucked in the corner of Longmont, the classic yellow sign seems like any other McDonald’s. The waft of french fries, bustling employees and children running for the playpen. But step inside, and you’ll be greeted with fiesta decorations and birthday cakes. The so-called Great Resignation took a toll on fast-food restaurants all over Colorado, and […]
Posted inBusiness, Economy, Growth, News
What’s Working: Colorado’s blood-plasma industry grew by 170,000 square feet this week
A decline in global plasma donations during the pandemic has one Colorado company hoping to reverse the trend in order to help people with rare and chronic diseases. Terumo Blood and Cell Technologies opened a new manufacturing plant this week and plans to hire several hundred workers. But first, in economic news, two Colorado counties […]
Posted inBusiness, Economy, News
What’s Working: Colorado program is looking for a few good older workers
As far as pandemic pivots go, Lisa Armao’s made a lot of sense. Her goal to set up an intergenerational preschool that paired older adults with mild dementia and preschoolers hit a wall after COVID-19 struck Colorado. Schools went remote. Adults who could, stayed home. And her financial supporters, Boomers Leading Change, morphed into Experience […]
Posted inBusiness, Economy, News
What’s Working: Colorado business leaders lose optimism about economy — but 55% expect to raise wages anyway
No surprise here. Global unrest with the Russian invasion of Ukraine plus ongoing and rising inflation have Colorado business leaders less optimistic about the economy this year than last, according to a new survey. But has that changed how they’re going about their business? According to a new analysis by Leeds Business Confidence Index, 55% […]
Posted inBusiness, Economy, News, Transportation
United Airlines needs more workers as it undergoes one of its largest Denver expansions in years
In the past year, United Airlines touted hiring bonuses as high as $10,000. It upped its starting wages to nearly $20 an hour. Earlier this week, it held an in-person job fair at the United Club at Empower Field at Mile High stadium — its second in eight months. The company needs extra help in […]
Posted inOpinion, Opinion Columns
Opinion: How emotionally intelligent bosses make Colorado a better place to work
Millions of employees left their jobs last year in what has been dubbed “the Great Resignation,” and Colorado, as the state with the fourth-highest number of resignations, is hardly immune. Yet Colorado also is better positioned than most to weather this talent shakeup because we lead the country in offering innovative benefits, work-life balance and […]