Mar 25, 2022 | 2022 Research, Featured Research, Job Reports, Jobs & Our Economy, Recent Research, Research
Colorado’s robust economy has added 381,800 jobs since April 2020, eclipsing the 374,500 jobs the state lost in March and April 2020.
Mar 18, 2022 | 2022 Research, Featured Research, Jobs & Our Economy, Recent Research, Research
In the coming years, mature and older workers will play an increasing role in Colorado’s workforce. Between 2010 and 2040, the category of Coloradan workers over the age of 54 is expected to grow from 1 in every 5 workers, to nearly 1 in every 4.
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.
Mar 8, 2022 | 2022 Research, Featured Research, Recent Research, Research, Taxes & Fees
Colorado economic activity as proxied by taxable sales, generated from the purchase of taxable goods and services, has more than fully recovered. Through the end of 2021, this crucial driver of both state and local sales tax revenue has grown well beyond pre-pandemic levels, even after adjusting for population growth and recent inflation.
Feb 10, 2022 | 2022 Research, Featured Research, Inflation Reports, Jobs & Our Economy, Recent Research
In 2021, inflation in the Denver metropolitan area was the highest it’s ever been since the Bureau of Labor Statistics began tracking it in 1986. The largest two-month period of inflation occurred in late spring and a resurgence at the end of the year through January added an additional 2.6%.
Feb 2, 2022 | 2022 Research, Featured Research, Recent Research, State Budget, Taxes & Fees
The recent changes in state government employment vary greatly across each department. Though the Governor’s FY23 budget request proposes a 0.85% increase in the overall level of the state government’s workforce, five agencies are proposed to grow above 6%.
