Content Tagged As unemployment

1 year 7 months ago

Unemployment rate high in Pueblo

As of December, national unemployment was at 7.7%. Colorado's is roughly the same at 7.6%. But Pueblo's is much higher at 11.3%. "Clearly the numbers are higher than we would like," said Jack Rink, PEDCO President and CEO. But change is ahead. "We obviously would like to...

1 year 9 months ago

Local job market still lags national trend

COLORADO SPRINGS - Even with the national unemployment rate holding steady at 7.8 percent in December, those who are out of work in Southern Colorado face a more challenging job market. In November, the most recent month available, there were 25,765 people unemployed in El Paso County, or roughly...

1 year 11 months ago

New resource connection for Pikes Peak vets

A new website launches Tuesday helping connect vets with reputable resources in the Pikes Peak region. It's called the Peak Military Care Network, organized through the Pikes Peak Area Council of Governments; it connects anyone with services designed to help members of the military, veterans, and their families. ...

2 years 3 months ago

Weak hiring for 3rd month in a row

WASHINGTON (AP) - U.S. employers added only 80,000 jobs in June, a third straight month of weak hiring that shows the economy is struggling. The Labor Department says the unemployment rate was unchanged at 8.2 percent. The economy has added just 75,000 jobs a month in the April-June quarter. That's...

2 years 6 months ago

Colorado unemployment rate unchanged

Colorado's jobless rate stayed the same from January to February. It stands at 7.8 percent. The national unemployment rate for February was 8.3 percent. Employers in Colorado added 4,700 non-farm jobs from January to February. The largest job gains were in education, health services, trade, transportation and utilities....

2 years 7 months ago

Colorado unemployment rate drops

The jobless rate in Colorado dropped in January slightly to 7.8 percent. Employers in Colorado added 19,500 nonfarm payroll jobs from December to January for a total of 2,284,800 jobs, according to the survey of business establishments. Private sector payroll jobs increased 22,500 and government decreased 3,000. The...

2 years 8 months ago

Employers could get to check credit before hiring

DENVER (AP) - Lawmakers will hear testimony on a bill to prohibit employers from using consumer credit information against potential employees unless they're applying for a job that involves financial decisions. Democrats sponsoring the proposal say the use of credit information creates barriers for people who have recently lost...

2 years 8 months ago

Unemployment rate falls after hiring burst

WASHINGTON (AP) - The unemployment rate fell for the fifth straight month after a surge of January hiring, a promising shift in the nation's outlook for job growth. The Labor Department says employers added 243,000 jobs in January, the most in nine months. The unemployment rate dropped to 8.3 percent...

2 years 8 months ago

State unemployment rate lower

Colorado's unemployment rate decreased to 7.9 percent in December. The Colorado Department of Labor and Employment said the number of people actively participating in the labor force increased 12,100 to 2,727,300 and total employment increased 12,300 to 2,511,300 causing the number of unemployed to decline 300. The national...

2 years 9 months ago

Fewer people seeking unemployment aid

WASHINGTON (AP) - The number of people seeking unemployment benefits fell further in the final week of 2011, a positive sign for hiring one day ahead of Friday's December employment report. The Labor Department says weekly applications dropped 15,000 to a seasonally adjusted 372,000 last week. It was the fourth...

2 years 10 months ago

Unemployment aid applications drop

WASHINGTON (AP) - The number of people applying for unemployment benefits fell last week to the lowest level in nine months, evidence that the job market is improving. The Labor Department says weekly applications dropped by 23,000 to a seasonally adjusted 381,000. That's the lowest number of applications since...

2 years 11 months ago

Application for unemployment aid drops

WASHINGTON (AP) - The number of people who applied for unemployment benefits last week fell to the lowest level since April, which suggests employers could be stepping up hiring. The Labor Department says applications for unemployment benefits dropped to a seasonally adjusted 390,000, the third decline in four weeks....

3 years 12 hours ago

Unemployment numbers down

Here's some good news on the job front. In both Pueblo and El Paso County the most recent unemployment numbers are down. The State Labor Department just released September's numbers. In El Paso County, unemployment dropped to 8.6% from 9.3% in August. In Pueblo County, it's down to 9.4% from...

3 years 1 month ago

Unemployment up from last week

WASHINGTON (AP) - The number of people seeking unemployment benefits ticked up slightly last week, evidence that the job market isn't improving. The Labor Department says weekly applications for unemployment benefits rose 2,000 to a seasonally adjusted 414,000. The report suggests companies aren't significantly increasing layoffs, despite weak...

3 years 1 month ago

Labor Day pains for the unemployed

WASHINGTON (AP) - Friday's dismal jobs report may be even worse than the numbers suggest. The 9.1 percent jobless rate doesn't count part-timers looking for full-time work and the unemployed who've given up looking. The Labor Department says those people make up more than 16 percent of working-age Americans.

3 years 2 months ago

Unemployment applications down

WASHINGTON (AP) - The number of people seeking unemployment benefits dipped last week, a sign the job market may be improving slowly. The Labor Department says that applications for unemployment benefits edged down 1,000 to a seasonally adjusted 400,000. That's the lowest level in four months. The previous week's...

3 years 2 months ago

Unemployment could be decreasing

The number of people seeking unemployment benefits dropped last week to the lowest level since early April, a sign the job market may be healing after a recent slump. The Labor Department says weekly applications fell 24,000 to a seasonally adjusted 398,000. That's the first time applications have...

3 years 3 months ago

Unemployment benefits increase

More people applied for unemployment benefits last week, evidence that layoffs are rising and the job market is weak. The Labor Department says applications for unemployment benefits rose by 10,000 to a seasonally adjusted 418,000. The four-week average, a less volatile measure, dipped to 421,250. Applications have topped...

3 years 3 months ago

Unemployment Benefits

DENVER (AP) - Legislative economists say a Colorado fund that pays out unemployment benefits should be solvent again in the coming fiscal year. Heavy job losses during the recession pushed the Unemployment Insurance Trust Fund into insolvency, and the state started borrowing federal money in 2010 to keep paying...

3 years 4 months ago

Balance in Colorado unemployment fund improves

DENVER (AP) - Legislative economists say a Colorado fund that pays out unemployment benefits should be solvent again in the coming fiscal year. Heavy job losses during the recession pushed the Unemployment Insurance Trust Fund into insolvency, and the state started borrowing federal money in 2010 to keep paying...

3 years 4 months ago

State unemployment rate falls

DENVER (AP) - Colorado's unemployment rate continues to fall as employers in Colorado added 4,200 nonfarm payroll jobs from April to May. The largest over the month private sector job gains in May were in construction and trade, transportation and utilities. According to the Colorado Department of Labor and Employment...

3 years 5 months ago

Stocks gain after drop in jobless claims

NEW YORK (AP) - Stocks are opening higher, extending Wednesday's gains, after a government report showed a sharp drop in new claims for unemployment benefits for a second straight week. It's a sign that the job market is slowly recovering. The Department of Labor is reporting that applications for...

3 years 6 months ago

El Paso County unemployment takes big drop

Unemployment fell sharply in El Paso County in March. The latest numbers from the Colorado Department of Labor put the Colorado Springs area jobless rate at 9.7 percent in March, compared with 10.2 percent in February. Those numbers are from Teller and El Paso Counties. Pueblo's unemployment numbers fell...

3 years 6 months ago

Colorado unemployment rate drops slightly

DENVER (AP) - Colorado labor officials say the state unemployment rate dipped to 9.2 percent in March, as employers added about 500 nonfarm payroll jobs over the month. The unemployment rate was 9.3 percent in February. The state labor department also said Tuesday that Coloradans are earning slightly more...

3 years 6 months ago

Benefits upheld for dismissed Mesa County jailer

GRAND JUNCTION, Colo. (AP) - The Colorado Court of Appeals upheld unemployment benefits for a Mesa County jailer dismissed for alleged incompetence. In its ruling last week involving a former booking technician, the court rejected county arguments that the former employee was "at fault" for separation from the county....

3 years 7 months ago

Local jobless rate jumps

DENVER (AP) - The Colorado unemployment rate hit 9.1 percent in January, topping the U.S. rate of 9 percent. That's up from 8.9 percent in Colorado a year earlier. The Colorado Department of Labor and Employment said Thursday that almost 2.43 million Coloradans have jobs, down about 1 percent...

3 years 9 months ago

Positive job numbers, negative outlook

December numbers from the Labor Department show improvement in the job market, but for those on the front lines -- trying to find work -- things aren't looking so positive. "People come and go all day long," says Byron Gunn, who's unemployed and spending his days at the Pikes...

3 years 9 months ago

Jobless rate falls

LANDOVER, Md. (AP) - President Barack Obama says a new jobs report shows a trend in the right direction even though the numbers are fluctuating and hiring and growth must still accelerate. The December jobs report out Friday morning showed the natio.n's unemployment rate fell to 9.4 percent, the...

3 years 10 months ago

Colorado unemployment rate edges up slightly

DENVER (AP) - Colorado has notched its first three months of consecutive job growth since 2007. But more hiring has attracted even more jobseekers to the market, nudging Colorado's unemployment rate up slightly in November. The state Labor and Employment Office said Friday Colorado's unemployment rate has risen to 8.6...

3 years 10 months ago

Colorado's unemployment rate up in October

Colorado's seasonally adjusted unemployment rate increased two-tenths of one percent to 8.4 percent in October. "Despite mixed results in the employment numbers, there are encouraging signs of improvement including recent increases in online job postings," said Donald J. Mares, Executive Director of the Colorado Department of Labor and Employment....

3 years 11 months ago

State jobless rate up slightly

Colorado's seasonally adjusted unemployment rate increased one-tenth of one percentage point to 8.2 percent in September from the revised August rate of 8.1 percent, according to Donald J. Mares, Executive Director of the Colorado Department of Labor and Employment. "Colorado's economy remains relatively flat," Mares said. "We have not seen...

4 years 1 week ago

Economy loses 95K jobs in September

It's official--the jobless rate has now topped 9.5 percent for 14 straight months, the longest stretch since the 1930s. A wave of government layoffs last month outpaced weak hiring in the private sector, pushing down the nation's payrolls by a net total of 95,000 jobs. The Labor Department...

4 years 1 month ago

New filings for jobless benefits tumble

The number of people signing up for unemployment benefits dropped to the lowest level in two months, an encouraging sign that companies aren't resorting to deeper layoffs even as the economy has lost momentum. The Labor Department says new claims for unemployment aid dropped last week by a seasonally...

4 years 2 months ago

El Paso County unemployment rate drops slightly

Colorado's seasonally adjusted unemployment rate remained the same in July at 8 percent. "Four months of stability in the unemployment rate combined with two months of notable private-sector job growth is encouraging news," said Donald J. Mares, Executive Director of the Colorado Department of Labor and Employment. "Our challenge...

4 years 2 months ago

Worst unemployment report of the year released

New applications for unemployment insurance reached the half-million mark last week for the first time since November, a sign that employers are likely cutting jobs again as the economy slows. The Labor Department said Thursday that initial claims for jobless benefits rose by 12,000 last week to 500,000, the...

4 years 2 months ago

New unemployment claims on the rise

Initial requests for jobless benefits rose last week to their highest level since April, a sign that hiring remains weak and some companies are still cutting workers. The Labor Department says new claims for unemployment insurance rose by 19,000 to a seasonally adjusted 479,000. Analysts had expected a small...

4 years 2 months ago

Meg Whitman: No interest in White House run

Republican California gubernatorial candidate Meg Whitman says she has no interest in a future run for the United States presidency. She says she is focused on helping recession wracked California climb out of its 12.3 percent unemployment rate. Whitman says she would target tax cuts for employers and reduce...

4 years 3 months ago

New jobless claims jump from two-year low

New jobless claims jumped last week by the most since February, reversing a sharp fall two weeks ago. The rise is partly a result of seasonal factors but also reflects the job market's weakness. The Labor Department says new claims for unemployment insurance jumped by 37,000 to a seasonally...

4 years 3 months ago

Mixed review

Recently released national labor statistics show the unemployment rate dropped in June from 9.7% to 9.5%, but the number of jobs dropped as well. At the Pikes Peak Workforce Center, employees can only judge by what they've seen, and that's been fewer faces coming in for help. "That...

4 years 4 months ago

Colorado jobless rate hovers around 8 percent

The Colorado unemployment rate held steady at 8 percent in May. That's slightly lower than 8.2 percent a year ago. The rate is adjusted for seasonal differences. Colorado Department of Labor and Employment Executive Director Donald Mares said Friday that the labor market is still weak, although hiring by...

4 years 4 months ago

Economy sending mixed signals

How's the economy doing? It depends on which report you're reviewing--and a whole slew of new information was released Thursday morning. Retail sales: Retailers are reporting tepid business in May after cool weather and fresh concerns about the economy had shoppers cutting spending on clothing and other nonessentials. The...

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