Mar 14, 2022 | 2022 Research, Featured Research, Job Reports, Jobs & Our Economy, Recent Research, Research
Colorado added 6,700 jobs in January and December jobs were revised upwards by 28,100. January non-farm employment rose to 2,813,500 which is just below that of January 2020’s 2,820,300. Though employment has nearly returned to the pre-pandemic level of January 2020, job growth needs to accelerate for employment to keep pace with population growth.
Jan 25, 2022 | 2021 Research, 2022 Research, Featured Research, Job Reports, Jobs & Our Economy, Recent Research, Research
Colorado added 9,000 jobs in December and November jobs were revised upwards by 5,000. The combined growth over the last two months of 2021 of 23,100 jobs presents a stark contrast to the prior year, when the two months combined for 25,500 job losses.
Dec 17, 2021 | 2021 Research, Featured Research, Job Reports, Jobs & Our Economy, Recent Research, Research
Despite concerns of rising inflation and a new COVID-19 variant, November job growth in Colorado remained relatively strong at 9,800 jobs. This is above the monthly average job growth needed to fully recover to a pre-pandemic employment-to-population ratio by 2023.
Nov 19, 2021 | 2021 Research, Featured Research, Job Reports, Jobs & Our Economy, Recent Research, Research
Driven by labor shortages and increased employment opportunities, job growth in October surged to its highest monthly amount since July. Labor force participation of mothers during the pandemic lagged consistently up until September. Their overall participation rate in October remained higher than pre-pandemic levels for the second straight month.
Oct 22, 2021 | 2021 Research, Featured Research, Job Reports, Jobs & Our Economy, Recent Research, Research
Although September job growth was lower than what is needed to achieve a full recovery by January 2023, adjusted for population growth, Colorado reached an important recovery milestone last month. For the first time since the start of the pandemic, the labor force participation rate for Colorado mothers exceeded its pre-pandemic level.
Sep 17, 2021 | 2021 Research, Featured Research, Job Reports, Jobs & Our Economy, Recent Research, Research
In April 2020, Colorado lost over 360,000 jobs, experienced the worst month of economic performance in its history, and launched into a deep and abiding recession. A little over a year later, the latest data from the Bureau of Labor Statistics (BLS) show that, though Colorado’s workforce has already endured the worst of the recession and is ahead of pace to recover fully by 2023, much progress remains to be made.
