Thursday, July 27, 2006

Pueblo Jobs

Colorado jobless rate unchanged at 4.5 percent


Pueblo's jobless rate rose nearly a percentage point to 6.2 percent in June from 5.4 percent in May, reflecting both ups and downs in seasonal hiring.
The 6.2 percent rate, however, still was slightly lower than the June 2005 figure of 6.8 percent.
Meanwhile, Colorado's and the U.S. unemployment rate was unchanged from the previous month. Colorado's remained at 4.5 percent and the national rate was unchanged at 4.6 percent, according to state and federal labor departments
In Pueblo, state officials surveyed the private/public sector and found that non-governmental jobs increased by 1,000, but governmental jobs dropped by approximately 400, according to Joe Winter, state labor economist. Winter said the shift was a normal fluctuation given graduations and the drop in academic-related employment.
A hundred new jobs in the natural resource and construction areas were created by companies contracted to help expand Xcel Energy's Comanche plant, said Winter.
He said the increase in private sector jobs mostly came in the lower-paying retail trade arena. That's a reflection of increased consumer retail activity during the summer months, which requires additional workers to serve them.
“It's everything from small mom-and-pop shops to very large big box stores,” Winter said. “The retail trade uptake is something that happens every summer.”
Looking back a year, Winter said the picture last month was brighter with approximately 1,500 more jobs compared to June 2005.
“That's solid job growth. The economy of Pueblo is bigger than it was last year. The labor force itself is expanding and the unemployment, while a little bit of a uptake from May is a half-percent lower than it was this time last year,” he said.
Winter said he expects future hiring for the Comanche Station construction project, the Pueblo Chemical Depot weapons destruction project and the construction of the GCC of America cement plant to have a strong positive impact on the entire Southern Colorado region.
Statewide, overall job growth has ebbed since January, reflecting the slowing national economy, said Rick Grice, executive director of the Colorado Labor Department.
The 4.5 percent growth in June reflected higher numbers of medical and education jobs that were offset by losses in tourism, government and the financial sector, state economists said Friday. In its monthly report, the state labor department said about 1,300 jobs were added last month, putting the nonagricultural work force at 2.3 million, up 2.2 percent from June 2005, based on seasonally adjusted figures.
Most of the jobs created in the past year have been in professional and business services, trade, transportation, utilities and construction, Grice said. The natural resources and mining sector has been the fastest growing of the 11 industry sectors, up 15.8 percent to 19,800 jobs since June 2005.
The educational and health services sector added 1,100 jobs while other industries reported gains from 100 jobs to 600 jobs, according to the seasonally adjusted figures.
Losses were felt in leisure and hospitality, government, financial activities and other services.
The Associated Press contributed to this report.

Sunday, July 16, 2006

Congratulations Gemstar Homes!

Congratulations David Knuth of Gemstar Homes and Lou Lile of PuebCO Properties!

“Affordable Energy Efficiency Award" - Gemstar Solar Home, 250 N. Purcell Blvd. This award is given for the most efficient, affordable parade home. Gemstar Solar Homes received an energy score of 91 and 184 Built Green points.

Monday, July 10, 2006

Very Strange!

While it is very unusual, tornados do happen in Southern Colorado. This is one that hit in Pueblo West July 9th during the Parade of Homes.

There was some damage, but for the most part it was minimal. The Gemstar house had a few things broken and a trash can sucked out of the garage. But boy, talk about rain!

The same day, same storm the Canon City area had 5" of rain. Very unusual, but it gives us something to talk about.

Thursday, July 06, 2006

Residential sales for June '06

There were 243 residential sales for the month of June based on the Pueblo Association of Realtors Navica.

The prices ranged between $11,000 - $599,000
Average price $138,033
Median price $125,000

Days on the Market (D.O.M.) ranged 1-974 median days 83

Information is reliable, but not guaranteed.

June '06 information

In the last six months ( Feb 1 - June 30) 306 parcels of land have been sold in Pueblo West. The average price was $20,642 the median $ 18,500. The lowest price was $1,500 and the highest price was $100,000. It took an average of 183 days to sell. The quickest was 6 days and the longest was 2810. Every property is unique and yours in no exception.