Consumers are spending less, productivity is dropping and there are still a ton of job openings. Is that why a recession may be coming? But first, let’s get to business. Colorado continues to invest in attracting startups and small businesses, if you recall last week’s dive into the state’s own venture capital agency. This week, […]
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What’s Working: Here’s how Colorado plans to dole out $104.7 million to small businesses
Colorado’s unemployment rate fell for the sixth straight month to 3.3% in July, the lowest (again) since the pandemic began but not quite down to its pre-pandemic low of 2.8%. However, a state economist thinks we’ll get back to that low rate, despite talk of recession, by the end of the year. But first, last […]
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Colorado schools’ hardest jobs to fill: Bus drivers and special education
For Lacey Nelson, the weeks leading up to the start of school are a blur of spreadsheets, meetings, and calls from principals about last-minute teacher resignations. With less than two weeks to go, Denver Public Schools’ director of talent acquisition is still looking to hire 150 teachers, 275 paraprofessionals, and up to 45 bus drivers. […]
Posted inBusiness, Economy, News
Where Colorado jobs would be if the pandemic hadn’t happened
What’s Working: A version of this story first appeared in a segment of our weekly What’s Working column on July 23, 2022. Additional details are included in this story. Read the full column. >> Sign up for the newsletter Thanks to a gain of 4,500 nonfarm payroll jobs in June, Colorado has now recovered 110.1% of jobs lost […]
Posted inBusiness, Economy, Housing, News
What’s Working: Colorado’s economic data shows a robust recovery. Coloradans, however, are uneasy.
The signs pointing to Colorado’s recovering pandemic economy are optimistic. All the lost jobs have returned — and then some. The state’s unemployment rate is now at its lowest in two years. Businesses continue to move here, new business filings are still near record levels and the number of businesses in good standing is at […]
Posted inBusiness, Economy, News, Politics and Government
What’s Working: The politics of unemployment debt in Colorado
There are just a few days left of Colorado’s legislative session as lawmakers push through a flurry of bills before the session adjourns on May 11. One of the more relevant proposals to impact employers and workers statewide — and touches on why this weekly column even exists — is Senate Bill 234, which passed […]
Posted inEconomy, Events, News
WATCH: Life after High School – Opportunities in the Trades
College is far from the only option for Colorado’s high school graduates, many of whom find themselves better suited to careers in skilled trades, such as plumbing, electricity, welding and construction. Students can get a jumpstart on a career in the trades while still in high school, with vocational training and apprenticeship opportunities that give […]
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 inBusiness, Economy, News
What’s Working: Colorado’s inflation rate is higher than the nation’s
Paying more for food, housing and other living expenses has become part of the pandemic recovery routine, as inflation has grown faster than some incomes — and especially evident to those on fixed incomes. That includes Marty Bruno, a retired Littleton resident who’s now 73. His wife will retire soon and move over to Social […]