Legislative economists say Colorado will lag the country as it recovers from the recession. Last month the state had its highest unemployment rate since the early 1980s, but economists do point to some positive signs. Bente Birkeland has more from the state capitol.

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One Response to Economic Forecast

  1. Thanks for writing about the unemployment and economic conditions in the State.

    Please consider doing a story about the ’99ers’ in CO:
    There are already nearly 30,000 people in CO who have exhausted all UI benefits – the latest 13 month extension did not help them. There will be another 71,000 in CO who will exhausted all UI benefits within the first 4-5 months of 2011 – that is 71,000 out of the 150,000 in CO who are currently collecting UI benefits. By May or so, there will be 100,000 people in CO who have exhausted all UI benefits.
    Please check with Bill Thoennes of the CDLE it you would like to confirm this fact. (303.318.8004).

    Over the weekend KDVR channel 31 chose to air and post a story online which portrays a couple who has no money, can’t find work, etc – and even liosts an email address where people can ‘help’ the couple. While I don’t wish these circumstances on anyone, I am very disheartened that the local media chose to do this sotry: the man quit a six-figure job in Ohio and chose to move to CO a year ago with no job. His rent is $1640/mo…
    Pat, there are SO many people who have lost everything – people are sleeping intheir cars, in shelters – and many more are living with family because they lost their jobs through no fault of their own – not because they QUIT a six-figure job. Despite repeated requests for the local channels to reorts on the tens of thousands in CO who have already – and will very soon – exhaust all UI benefits – but am just flat ignored.
    http://www.kdvr.com/kdvr-a-christmas-without-joy-for-co-122410,0,5455699.story

    I don’t know how else to put it. I receive emails and comments from readers on my articles on a consistent basis – asking why the media won’t cover or stories. Please take a minute to consider telling the story of someone who has lost everything, still can not find work (the discrimination based on age and long employment gap is blatant – and overwheliming) The prospects of finding work for persons such as myself are very, very bleak.

    KWiedemer
    Denver Unemployment Examiner

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