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, 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, 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 didn’t hit a record-high labor force in 2021 after all

Data, statistics and revisions. Constant revisions. Earlier this week we learned that because data has been revised, Colorado’s 2021 unemployment rates last year weren’t as high as initially reported. Colorado appeared to be trending higher than the U.S. the whole year but the revisions reduced the state’s unemployment rate by nearly a whole percentage point […]