Greeley’s fast growing economy and low unemployment rate does have its downsides. Rent is on the increase in the oil boomtown.
Originally published on Fri March 7, 2014 9:14 am
The nation's unemployment rate edged up to 6.7 percent in February from 6.6 percent the month before, but employers added more jobs than expected, the Bureau of Labor Statistics said Friday.
According to BLS, the number of jobs on public and private payrolls grew by 175,000 last month — about 25,000 more than economists had expected.
Wrapping up 2013 with positive news, Danish wind turbine manufacturer Vestas has posted a $295 million fourth quarter profit. That’s the company’s first profit following a two year turnaround plan executed by company leaders.
Colorado as a whole faces a growing economic year, but the Front Range and specifically Boulder will feel the greatest benefit of that anticipated success.
Colorado appears poised for strong growth in coming years – both in terms of the economy and the number of people living here.