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Colorado Springs Financial Briefs: August 15, 2008
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Colorado Springs Business Journal
- Article date:
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August 15, 2008
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Copyright informationCopyright 2008 Colorado Springs Business Journal. Provided by ProQuest LLC. (Hide copyright information)
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In El Paso County, employment and wages are higher than a year
ago, but the unemployment rate has increased slightly because
workers are entering the labor force at a faster rate than job
growth can accommodate, said Dr. Fred Crowley, senior economist, at
the University of Colorado at Colorado Springs and the Southern
Colorado Economic Forum.
"However, Colorado Springs has yet to have a month of job loss
this year," he said, despite national job-loss patterns of seven
consecutive months, citing statistics from the Southern Colorado
Economic Forum's quarterly Business Conditions Index for El Paso
County.
While single-family home permit activity peaked during early 2005
and began a modest ...
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