The state released its latest employment outlook Friday.
Colorado’s unemployment rate dipped to 5.1 percent in July. That’s the lowest it's been since September 2008. It’s also a full percentage point below the nation’s unemployment rate that sits at 6.1 percent.
However, Colorado did see a dip in nonfarm and private sector payroll jobs. That number decreased by 700 from July to August.
Over the weekend, Governor John Hickenlooper visited several businesses on the Western Slope. In Delta County he toured business that received REDI grants. The Rural Economic Development Initiative gives out grants to rural businesses that are looking to expand.
Originally published on Fri August 1, 2014 8:24 am
New data released by the Department of Labor shows that raising the minimum wage in some states does not appear to have had a negative impact on job growth, contrary to what critics said would happen.
In a report on Friday, the 13 states that raised their minimum wages on Jan. 1 have added jobs at a faster pace than those that did not. The data run counter to a Congressional Budget Office report in February that said raising the minimum wage to $10.10 an hour, as the White House supports, could cost as many as 500,000 jobs.
Originally published on Thu January 30, 2014 5:13 pm
Could closing time change for your local watering hole? That's a statehouse proposal under consideration, allowing Colorado communities to decide whether to extend bar hours. Some feel a change to the law could do more harm than good.
Colorado made history when it opened up licensed marijuana retail shops this year. Aside from just legalizing the purchase of smoke-able marijuana, it also means pot brownies have the potential to be big business.
Food products infused with marijuana’s psychoactive ingredient, THC, are available in stores across the state.
Residents from Montrose County’s West End recently gathered for a screening of “Uranium Drive-In,” a documentary that tells the story of the ill-fated Piñon Ridge Uranium Mill, and a tight-knit community desperate for jobs and some hint of a brighter economy.
The film industry has by and large mandated that starting this year, first-run movies (the blockbusters like "Frozen") will only be distributed digitally. The 35 mm films of old are on their way out and digital films are on their way in.
It’s been a rough season for the coal mines of the North Fork Valley. Last week, Oxbow’s Elk Creek Mine in Somerset laid off another 115 workers, bringing the total number of jobs cut at that mine this fall to over 250.
Originally published on Tue November 19, 2013 12:18 pm
Theater projectors are going where most of the dazzling special effects in summer blockbusters have gone: All digital. In 2014, Hollywood will no longer release movies on traditional film stock. Theaters must convert or be forced to close – including those in rural Colorado.