Businesses added jobs, but more people left the job market in December. Plus: Colorado leads highest increase in gas prices, readers share annoying inflation interactions, and more!
inflation
Posted inEconomy
What’s Working: How Colorado’s high egg and energy prices mesh with its slowing inflation
The Denver metro area’s 8% annual inflation rate in 2022 was the highest in decades. Plus: Readers share their economic outlook, personal savings is in decline, and more!
Posted inEconomy
What’s Working: Colorado sees decline in labor force but job numbers are still better than U.S.
Unemployment rate drops to 3.5% but state sees decline in workforce. Plus: Are there still good jobs out there? Readers and employers respond.
Posted inBusiness
Why the price of eggs went up in Colorado this year
Avian flu has killed off 85% of Colorado’s egg-laying hens amid high inflation. The industry says there’s no egg shortage — just higher costs for everyone.
Posted inEconomy
What’s Working: Thanksgiving meal inflation is higher in Colorado than U.S.
Plus: Unemployment rate increases to 3.6% but troubled tech sector isn’t necessarily to blame, new businesses on the rise, more!
Posted inEconomy
What’s Working: Colorado is expected to follow the U.S. economy’s slight 3rd quarter growth
Despite inflation, job and income growth provided a needed nudge. Plus: The politics of inflation, the state’s VC arm adds its first Black founder-led fund, and more.
Posted inCartoons
Jim Morrissey: Trick or treating in inflationary times
Cartoonist Jim Morrissey jokingly wonders if kids’ Halloween haul might not-so-subtly suggest the rising price of candy has pinched family budgets.
Posted inPolitics and Government
Heidi Ganahl says Colorado’s inflation rate is 16% and the highest in the U.S. Both claims require many asterisks.
Ganahl cited a Republican-led analysis to reach that 16% figure. Bureau of Labor Statistics puts inflation at 7.7%. Here’s where the discrepancy comes from.
Posted inEconomy
What’s Working: Denver inflation slows to 7.7%, which is still historically high
Coloradans spent an average of $850 more last month due to inflation, according to one estimate. Plus: CSU researchers say housing prices need to drop 32% for affordability, Starbucks closes unionized store, more!
Posted inBusiness
What’s Working: Colorado business leaders grow more pessimistic about the local economy
Plus: As 84% of workers surveyed say they plan to keep working past retirement age, Colorado considers the benefits of an older workforce.