Rocky Mountain Voice

Tag: FAMLI

High Housing Costs Put Colorado Business Growth at Risk
Colorado Public Radio, Approved, State

High Housing Costs Put Colorado Business Growth at Risk

By Sarah Mulholland | CPR News Colorado’s businesses are at risk of losing their competitive edge to companies in other states and it comes down to whether people can afford to live here, according to a report from the Romer Institute of Evidence-based Policy. The reasons behind the state’s economic headwinds are multifaceted, but one thing is clear. The housing crunch is making it harder to recruit workers, the report found. The analysis looks at Colorado’s economy relative to Arizona, North Carolina, Texas, Utah and Washington. The states were chosen because they overlap Colorado’s economy based on region or industry, and they compete for talent, investment and business location decisions, according to the Denver-based nonprofit policy group that bears the name ...
Working Coloradans funded $311M in family leave pay for 62,000 in first six months
The Center Square, Approved, State

Working Coloradans funded $311M in family leave pay for 62,000 in first six months

By Joe Mueller  | The Center Square Approximately $311 million was distributed to 62,000 workers who filed claims under Colorado’s new Family and Medical Leave Insurance Program since payments started in January. Colorado became the first state to establish a partial paid-leave program when voters passed Proposition 118 in November 2020. The initiative allows all Colorado workers to obtain up to 12 weeks of paid leave to take care of themselves or their families during circumstances keeping them from working. Those experiencing pregnancy or childbirth complications can receive an additional four weeks. Colorado businesses and workers began paying premiums to fund the insurance program in 2023. The state provides an online premium and benefits estimates calculator. A worker with a ...