Economy

1:44am

Thu August 28, 2014
Planet Money

A Mall With Two Minimum Wages

Originally published on Thu August 28, 2014 5:20 am

Wetzel's Pretzels employee Emperatriz Orozco hands out free samples at the Westfield Valley Fair Mall.
Steve Henn NPR

The Westfield Valley Fair Mall straddles two cities. One side of the mall is in Santa Clara, but walk a few feet down the mall, and you're in San Jose. In 2012, San Jose voters agreed to raise the city's minimum wage from $8 to $10 an hour.

Philip Sandigo manages a shoe store on the $8-an-hour side. When San Jose raised the minimum wage, he lost about half his staff.

They went to the stores on the side of the mall that paid $2 an hour more.

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5:00am

Fri August 15, 2014
Mile High Life

Who’s Colorado Native? Not As Many As You’d Think

This worn native bumper sticker is surely a sign of a longtime Coloradan. Sames goes for the Moe's sticker. Only the Chicago Blackhawks sticker calls their status into question.
John Fischer Creative Commons

As Colorado’s population steadily rises, many are quick to sport their “native” bumper stickers. The older the Subaru and rattier the bumper sticker, the better the bragging rights. It turns out though that Colorado is one of the most diverse when it comes to domestic migration.

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8:02am

Thu August 14, 2014

7:00am

Wed July 30, 2014
Energy

Oil Overtakes Ag As North Dakota's Economic Breadwinner

A drill rig outisde of Williston, North Dakota pictured in 2011.
Lindsey Gira Flickr - Creative Commons

Farming and ranching have always been the biggest industries in North Dakota. But now, oil has knocked agriculture from the top spot. Mining – which includes oil – is now worth $8.5 billion dollars in the state. Agriculture is closer to 7 billion.

It’s a milestone for a state that had hardly any oil production 10 years ago, and the change has created some tension.

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10:08am

Sat July 26, 2014
Jobs

Moderate Economic Growth Predicted For Second Half of 2014

An incline in job growth in Colorado is expected over the next four to six months.
Credit Ben Simo / Flickr - Creative Commons

Based on the number of new business filings in Colorado for the second quarter of 2014, employment numbers are expected to moderately grow through the remainder of the year. The positive forecast isn’t just based on new companies starting up here, but on year-over-year improvements in existing business renewals, trademarks and trade names that indicate more jobs are on the way.

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