Author: By WAYNE HEILMAN
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Amazon planning to hire another 2,700 in Denver area
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Online retail giant Amazon announced Tuesday it plans to hire another 2,700 employees in the metro Denver area for its delivery and processing stations here. The wave of hiring is part of Amazon’s statewide expansion, which also includes hiring another 2,200 in Colorado Springs for its massive fulfillment center which recently opened. The jobs are listed at www.amazon.com/apply and…
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Colorado Springs’ recovery of jobs on fast track, No. 1 in state
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The Colorado Springs area has recovered nearly 90% of the jobs it lost during the COVID-19 pandemic and is on track to recover the rest by next month, if employment growth continues at the current rate. The local job market is recovering faster than the state, nation and any other metro area in Colorado, according…
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Colorado unemployment rate unchanged for third consecutive month
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Colorado’s unemployment remained unchanged in April for a third consecutive month at 6.4% as many employers continue to struggle to find workers, the Colorado Department of Labor and Employment reported Friday. The worker shortage is so acute the department Wednesday began offering bonuses of up to $1,600 to those collecting unemployment benefits if they take…
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Colorado unemployment rate unchanged in March
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Colorado’s economic recovery from the COVID-19 pandemic didn’t make much progress in March as the state’s unemployment rate remained unchanged at 6.4%, the Colorado Department of Labor and Employment reported Friday. The department revised February’s rate to 6.4% from the initially reported 6.6%. The state’s unemployment rate was 4.7% in March 2020, just as the…
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Study: Lowest-paid jobs in Colorado hit hardest by COVID-19 pandemic
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Colorado’s lowest-paid workers have been hit hardest by job losses from restrictions to slow the spread of the COVID-19 pandemic, statistics from the Colorado Department of Labor and Employment show. Jobs such as food preparation and serving, personal care and services and sales-related positions shed the most jobs in the 12 months that ended in…
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Colorado sports betting declines for first time in February
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The Super Bowl didn’t turn out to be all that super for Colorado sports wagers in February — the total amount bet on all sports declined from the previous month for the first time since sports betting was legalized last May. The $266.5 million bet in February was down $60 million, or 18.5%, from January.…
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Colorado unemployment rate unchanged in February
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Colorado’s unemployment rate in February remained unchanged from January at 6.6% even as the state eased COVID-19 pandemic restrictions on businesses early in the month. While 1,900 more people found jobs than returned to Colorado’s job market, that wasn’t enough to push the state’s jobless rate lower, the Colorado Department of Labor and Employment reported…
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Economist: Expect rough winter as pandemic spreads, stronger recovery for Colorado after
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Expect a “rough” winter this year as the COVID-19 pandemic intensifies, but ultimately the Colorado economy will recover stronger and faster than the rest of the nation, economist Tatiana Bailey says. Colorado Springs has enjoyed a stronger recovery than most after state restrictions to slow the pandemic shut down many businesses and triggered massive layoffs.…
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Study: Colorado Springs loan programs saved 8,000 jobs amid pandemic
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Loans and grants to 422 Colorado Springs area businesses and nonprofits helped save nearly 8,000 jobs at risk after those organizations were temporarily closed by state restrictions stemming from the COVID-19 pandemic, a study found. The loans totaled $5.43 million and helped businesses survive that generate $757 million in annual economic activity. The 7,965 jobs…
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Tri-State Generation closing coal plants in Craig, New Mexico
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Tri-State Generation and Transmission Association, which provides power to Limon-based Mountain View Electric Association, plans to close its remaining coal-fired power plants and coal mine in Colorado and New Mexico. Mountain View serves much of eastern El Paso County and parts of seven other Colorado counties. The Westminster-based electricity wholesaler said Thursday in a news release…
