We all know Colorado is a great place to live and do business, thanks to a wealth of high-tech companies, a diverse economy, and plenty of highly educated workers. That’s why it’s not too surprising to see five Front Range cities performing well in Forbes’ Best and Worst Places for Business 2014.
On a June day in 2006, Myron Swisher stood on a highway overpass, watching a history-making moment on Interstate 25. Swisher, who worked for the state Department of Transportation, had labored for the past nine years to open a high occupancy toll lane on the crowded road, and he wanted to watch the first cars use it.
"The day we opened, I hopped in the car and went out to the 58th Avenue Bridge that looks down upon the tolling zone," Swisher said. "It was probably about 2:30 in the afternoon, so I wanted to get out there and see how things are going before rush hour started."
Looking back, Swisher's moment on the bridge may have marked the beginning of a new era in Colorado transportation.
Colorado's jobless rate has continuously been lower than the nation.
Credit Colorado Department of Labor and Employment / Bureau of Labor Statistics
June 2014 marks yet another gain in job growth and a steadily decreasing unemployment rate for Colorado. These gains can be thanked largely on the public sector, although private sector jobs are on the rise as well.
The state comes out ahead compared to the national average with several northern Front Range counties faring significantly better than the rest of the state.
By Stephanie Joyce - Wyoming Public Media & Inside Energy
In the first quarter of 2014, the United States surpassed both Russia and Saudi Arabia as the world’s largest oil producer. It already hit that mark for natural gas in late 2013. All of that oil and gas has to be transported from the fields where it’s drilled to refineries and processing plants.
Most of that is done by pipeline, but the nation’s pipeline infrastructure isn’t currently up to the task.
Ikea, a company famous for keeping its costs down, recently announced that it would raise the average minimum wage for its retail workers to $10.76 an hour. Why would the company volunteer to pay its workers more?
"By taking better care of our coworkers," says Rob Olson, the acting president of Ikea U.S., "they will take better care of our customers, who will take better care of Ikea. We see it as a win-win-win opportunity."