Economy

Recent Stories

Food Stamp Assistance in Colorado Has Doubled Since Great Recession

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More Coloradans are receiving food assistance today than even during the worst months of the Great Recession. Since 2007 the number of people receiving benefits from the Supplemental Nutritional Assistance Program — formerly known as food stamps — has more than doubled. An average of 508,200 residents qualified for SNAP dollars each month during 2013, according to the Colorado Department of Human Services. This year the state predicts that an additional 44,000 Coloradans will sign up to receive help putting food on the table. However, the assistance available is limited. Continue Reading →

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New Nielsen Research Cites Economic Clout of Latinas

New Nielsen research shows that Latinas are the primary decision-makers in much of the spending by Latino households. The study said that, taken together, Latinos comprise 52 million people in the U.S. population and are the most influential economic sub-set since the baby boomers.

Latinas RMPBS I-News from I-News on Vimeo. New Nielsen research shows that Latinas are the primary decision-makers in much of the spending by Latino households. The study said that, taken together, Latinos comprise 52 million people in the U.S. population and are the most influential economic sub-set since the baby boomers. Women are the primary decision-makers in Latino households when it comes to spending, according to a recent Nielsen study, and often have significant incomes and  buying power. Nielsen reports that middle-class Latino families, earning between $50,000 and $100,000 a year, make up the powerful consumer demographic. Continue Reading →

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Marijuana Shops Expect New Year’s Day Surge

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Marijuana Shops Expect New Year's Day Surge from I-News on Vimeo. Marijuana businesses and regulators are gearing up for the biggest change in the industry's brief history. Colorado dispensaries will be able to begin selling recreational pot on January 1 to anyone 21 or older. "We're going to be looking at three to four times the demand," said Andy Williams, president of the Medicine Man medical marijuana dispensary in Denver. He predicts long lines outside his east Denver store when it opens at 8:30 a.m. on New Years Day. Continue Reading →

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Community Groups Continue to Grapple with Resolving the “Cliff Effect”

The measures passed by Congress and signed by President Bill Clinton in 1996 “to end welfare as we know it” were heralded as a ticket to economic self-sufficiency. The poor would be encouraged to enter the workforce and eventually leave all welfare assistance behind. But an I-News at Rocky Mountain PBS examination of one of the most important programs in Colorado – subsidized child care – shows the opposite may be happening. Those closest to economic self-sufficiency –  considered to be about 225 percent of the federal poverty level – are endangered by a phenomena called the “cliff effect.” A family’s rising income can lead to a sudden termination of an important benefit, plunging the family more deeply  back into poverty. The I-News inquiry, which resulted in a Rocky Mountain PBS documentary, also shows that tens of thousands of working poor families in Colorado have no real shot at economic self-sufficiency. Continue Reading →

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