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Colorado economy added way more jobs than first thought in 2023

Colorado’s economy did much better than first estimated when it came to adding jobs last year and hiring is off to a strong start in 2024, according to an update Monday from the Colorado Department of Labor and Employment. The U.S. Bureau of Labor Statistics initially reported Colorado employers adding 24,100 nonfarm jobs between December 2022 and December 2023, with the private sector adding only 1,100 jobs and the public sector adding 23,000. That worked out to a 0.8% growth rate, which lagged behind the U.S. rate of…

Colorado’s auto insurance rates among highest-rising in country

Kyle Shirley put off a marketing plan for his roofing company after insurance premiums for his work trucks shot up 55%. Becky Brinkerhoff’s insurance bill has doubled and she is checking with other companies for a better deal. Stephanie Rankin will likely reduce the coverage on one of her vehicles to help cover the 44% increase in her insurance rates. The three Denver-area residents are among Coloradans reeling from rising auto insurance costs on top of higher grocery bills and other expenses. The insurance rates are…

Colorado’s Front Range ranks high in hail damage

Colorado’s Front Range faces a risk of hail damage unlike any other area in the country, and it also happens to bewhere homeowners have installed solar panels on their roofs at some of the highest rates, according to a study from Roof Gnome, a platform that connects consumers with roofing and solar installation contractors. The combination can be a costly one when storms do hit and a contributor to rising home insurance premiums in the region. “Hail accumulation is an uncommon phenomenon but is most prevalent along the…

Golden eyes tubing reservation system on Clear Creek

As another season of tubing down Clear Creek in Golden beckons, the city is considering a novel approach to controlling the crowds that descend on the popular waterway: a reservation system. The discussions are still in the early stages and the system, if it moves forward, wouldn’t be implemented until 2025. But the mere idea of requiring people to sign up for a float down Clear Creek is a testament to the increasing number of people Golden has had to manage on the water in recent years, especially in the wake of a…

Denver, Boulder require new development to contribute to affordable housing

When Gov. Jared Polis and Democratic allies sought to overhaul land use rules in the state last year in hopes of spurring more housing development they faced immediate blowback from municipalities intent on protecting their local control. Seeking housing solutions From the mountains to the prairies, Colorado’s housing crisis is squeezing state residents in ways that make drastic choices an all-too-common part of their cost-of-living calculus. Click here to read more from this series. But one Front Range city publicly…

I-25 corridor prosperous while southeast corner distressed

If Colorado’s economy were viewed as a drought map, the Front Range from the Wyoming border to Colorado Springs has abundant water and ranks high for prosperity, with Douglas County the equivalent of Blue Mesa Reservoir. Economic strength stretches up the Interstate 70 corridor across the mountains west through Garfield County to the Utah border, with roaring tributaries of prosperity pouring down from Steamboat Springs and Aspen and Telluride. Other pockets of prosperity include Lake, Custard, Park, Chaffee and Ouray…

A housing fix? Colorado at crossroads to find solutions to lack of affordability

From the mountains to the prairies, Colorado’s housing crisis is squeezing state residents in ways that make drastic choices an all-too-common part of their cost-of-living calculus. Colorado faces a shortfall of 100,000 homes and apartments, the second worst deficit of any state after California, according to a study last year from Up for Growth. A homebuyer misery index from the Common Sense Institute found households in the state’s largest counties facing record-high levels of stress. When The Denver Post put out a call…

Colorado mountain resorts pioneered inclusionary zoning

Decades ago, Colorado’s mountain communities, struggling with sky-high real estate values, implemented “inclusionary” ordinances that required developers to set aside a share of the units they built at a lower price or lower rent. Aspen, Colorado, consistently tops the list of the most expensive places in the world to live on March 4, 2024. Nestled in the Roaring Fork Valley, Aspen boasts one of the highest concentrations of ultra-expensive real estate globally, intensifying the struggle for affordable housing options…

Humanoid robot-maker Figure partners with OpenAI

By MATT O’BRIEN (AP Technology Writer) ChatGPT-maker OpenAI is looking to fuse its artificial intelligence systems into the bodies of humanoid robots as part of a new deal with robotics startup Figure. Sunnyvale, California-based Figure announced the partnership Thursday along with $675 million in venture capital funding from a group that includes Amazon founder Jeff Bezos as well as Microsoft, chipmaker Nvidia and the startup-funding divisions of Intel and OpenAI. Figure is less than two years old and doesn’t have a…

Streaming prices keep going up. Here’s how to manage subscriptions.

The dream of streaming — watch what you want, whenever you want, for a sliver of the price of cable! — is coming to an end. With all the price increases for video streaming apps like Amazon Prime Video, Netflix and Hulu, the average household that subscribes to four streaming apps may now end up paying just as much as a cable subscriber, according to research by Deloitte. To name a few of the price jumps for streaming video (without ads) in just the past year: Amazon’s ad-free Prime Video is now $12 a month, up from $9;…