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U.S. Economy Added 200,000 Jobs In January; Wages Rose

The U.S. added 200,000 jobs in January, continuing the trend of steady job growth for another month, the Bureau of Labor Statistics reported on Friday.

That means the economy has now added jobs for 88 months in a row. Average hourly earnings rose by 9 cents to $26.74, with a year-over-year growth of 2.9 percent — the highest rate of growth the BLS recorded since June 2009.

The rise in employment was driven by the construction industry, restaurants, health care and manufacturing, all sectors that added jobs last month.

NPR has the full article.

Wind-energy generation grows, Colorado 9th

By the end of 2017, U.S. utilities were generating 89,077 megawatts of electricity from wind turbines. Of that, 3,104 MW were generated in Colorado.

Colorado ranks higher as a developer of wind energy technology. The state has 17 manufacturing facilities including the Vestas blade and turbine plants in Northern Colorado, according to the report. Those manufacturing facilities place the state fourth among the states in wind energy employment with between 6,000 and 7,000 jobs either directly or indirectly in the industry.

About 17 percent of the electricity consumed in the state comes from wind power, the report said.

Read full article that mentions PEDCO member Vestas here!

Colorado’s economy continues to grow

Photo courtesy of B. Rivera

“US News and World Report lists Colorado in the top ten states for percentage of residents employed.  The periodical lists Colorado as having the second most job growth in the country and among the best suited for the ‘new economy’. Factors taken into consideration include growth of companies, a highly educated workforce and the number of inventor patents held by companies in the state.”

Colorado’s economy is bolstered by the growth and expansion of Outdoor Recreation, hemp, and energy. Read the full article here and learn more about how the different economic regions bring more people to Colorado each year and maintain jobs!

CSU-Pueblo shows off $34M student center facelift

The renovation was presented to the public Tuesday to thunderous applause — and even a few howls — from school officials, staff, students, elected officials and the public. They crowded into the new facility’s “Great Hall” for a grand opening and re-dedication. Students were seen going about their business in the facility in the beginning of this new semester.

Associated Student Government President Jake Harmon thanked student leadership involved in the project. “Without your leadership — the student leaders — we wouldn’t be where we are today,” he said. “This is an amazing facility … It’s fantastic to finally see it all come to fruition.”

Read full article on The Chieftain!

Manufacturing in US Caps Best Year Since ’04

U.S. manufacturing expanded in December at the fastest pace in three months, as gains in orders and production capped the strongest year for factories since 2004, the Institute for Supply Management said on January 3.

The group’s factory index climbed to 59.7 from 58.2 a month earlier.

The gauge of new orders advanced to 69.4, the highest in nearly 14 years, from 64.

The acceleration in bookings indicates production will remain robust in coming months as factories race to limit mounting order backlogs amid declining customer inventories. Increasing export orders underscore improvement in global markets.

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New Pueblo-area homes back in demand

Home construction in the Pueblo area reached a nine-year high in 2017.

There were 361 single-family building permits issued last year, according to Pueblo Regional Building Department data.

It was an increase of 42 percent from the prior year (255 permits) and the most since the 394 permits issued in 2008, the second year of the 2007-2009 U.S. housing crash and recession.

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PBR opens 25th season this weekend in Madison Square Garden

A pair of national sponsors, Monster Energy and YETI, will continue the ride with the Professional Bull Riders as the tour opens its 25th season this weekend at Madison Square Garden in New York City.

The elite series, which awards its annual champion with a $1 million bonus and gold belt buckle each year, had previously been named the PBR Built Ford Tough Series. Ford remains the official vehicle of the PBR, the tour said.


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Construction Skills Training 2018


Here’s some information on Pueblo Corporate College’s Construction Skills Training that will start in February 2018!

Vestas sets wind turbine sales record, plans to keep Colorado plants busy


Vestas Wind Systems, the Danish wind turbine manufacturer that employs thousands of Coloradans, notched a record-breaking year in 2017, with more than 10,691 megawatts worth of orders from customers around the world.

That beats the 2016 figure of 10,494 megawatts on a global basis, which had been a company record. And the final figure for 2017’s order book is likely to climb even higher.

Vestas said the 10,691 megawatts worth of orders globally, enough to support the power demands of more than 3.2 million U.S. homes, represents orders announced by the company during 2017, as well as previously unannounced orders that were placed in the first nine months of 2017.

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After decades of pushing bachelor’s degrees, U.S. needs more tradespeople

FONTANA, Calif. — At a steel factory dwarfed by the adjacent Auto Club Speedway, Fernando Esparza is working toward his next promotion.

Esparza is a 46-year-old mechanic for Evolution Fresh, a subsidiary of Starbucks that makes juices and smoothies. He’s taking a class in industrial computing taught by a community college at a local manufacturing plant in the hope it will bump up his wages.

It’s a pretty safe bet. The skills being taught here are in high demand. That’s in part because so much effort has been put into encouraging high school graduates to go to college for academic degrees rather than for training in industrial and other trades that many fields like his face worker shortages.

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