Colorado Democratic legislative leaders are poised to introduce a bill establishing a paid-family-and-medical-leave system in this state for the sixth time in the past seven years — but will offer a major compromise to the business community this year and propose that the new mandate be done through a private-insurance-market system rather than a state-run […]
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New Overtime Rule Finalized with Some Changes for Business Community
The Colorado Department of Labor and Employment (CDLE) adopted a new overtime and minimum pay rule this week after 10 months of receiving feedback from stakeholders, including the Colorado Chamber and other business groups. The Colorado Chamber raised significant concerns regarding the new burden it would pose on employers, however, the final version is a […]
The Colorado Chamber of Commerce said five legislative sessions and an interim task force attempting to take on the issue show that it’s a complicated one. It’s important to balance the interests of businesses and employees, Loren Furman, senior vice president of state and federal relations, said in the statement. “These ballot initiatives, however, reflect […]
Colorado activists submit paid-family-leave initiative for November ballot
Loren Furman, senior vice president of state and federal relations for the Colorado Chamber of Commerce, said in an interview that outside pressure could change the dynamics of what are likely to be delicate and issue-driven negotiations. And that would not help reach a proposal that could benefit both employer and employee without imposing costs that […]
COLORADO POLITICS: Task force delivers report to the Colorado Legislature on paid family leave
The day before the commencement of the General Assembly, a special task force delivered a report on how the state could offer more workers paid family and medical leave if lawmakers create an insurance program administered by the state. The Legislature opted for the report last year, when a bill to create the program stalled out against opposition from […]
New Report Shows Fracking Ban Would Hit Hard In Colorado And New Mexico
A national hydraulic fracturing ban being pushed by Democratic presidential candidates would hit Colorado and New Mexico especially hard, according to a new report released by the Global Energy Institute at the U.S. Chamber of Commerce. Combined, the two states would lose more than 600,000 jobs and $250 billion in GDP by 2025 from a […]
Final actuarial study raises cost of potential Colorado paid-family-leave program Loren Furman, senior vice president of state and federal relations for the Colorado Chamber of Commerce, also pointed out that the actuarial study estimates a higher rate of utilization than many proponents have predicted. Read the complete article by Ed Sealover in the Denver Business […]
BIZ JOURNAL: Businesses may face higher taxes for Colorado’s Unemployment Insurance Trust Fund before next downturn
By Ed Sealover, Denver Business Journal Colorado businesses that anted up to bail out the state’s Unemployment Insurance Trust Fund during the last recession may be asked to do so again even before the next downturn hits, in order to try to prevent insolvency of the fund. State Rep. Chris Hansen, a Denver Democrat and […]
The Colorado Chamber of Commerce sent a letter to the state’s labor department expressing reservations about a proposal to gradually raise the salary threshold for workers’ overtime exemption. Read the complete article in The Daily Sentinel.
Colorado Chamber’s Loren Furman Talks Denver Minimum Wage on KOA Radio
Loren Furman, Senior Vice President of State and Federal Relations, joined Colorado’s Morning News on KOA this morning to talk about the City of Denver’s proposal to fast-track a local minimum wage increase beginning in January 2020. If passed, Denver’s minimum wage would raise to $15.87 per hour by January 2021, a $4.77 increase from […]