fbpx

Job Reports

Colorado Jobs and Labor Force Update: May 2022

Colorado Jobs and Labor Force Update: May 2022

Share
Colorado’s robust economy has added 405,400 jobs since April 2020, eclipsing the 374,500 jobs the state lost in March and April 2020. This represents a recovery rate of 109.6 percent which is 13.3 percentage points higher than the nationwide recovery rate of 96.3%.

Colorado Jobs and Labor Force Update: April 2022

Colorado Jobs and Labor Force Update: April 2022

Share
Colorado’s robust economy has added 405,400 jobs since April 2020, eclipsing the 374,500 jobs the state lost in March and April 2020. This represents a recovery rate of 108.3 percent which is 13.3 percentage points higher than the nationwide recovery rate of 95%. Colorado added 14,600 jobs in April and March’s employment level was revised downwards by 500.

Colorado Jobs and Labor Force Update: March 2022

Colorado Jobs and Labor Force Update: March 2022

Share
Colorado’s robust economy has added 391,300 jobs since April 2020, eclipsing the 374,500 jobs the state lost in March and April 2020. This represents a recovery rate of 104.5 percent which is 11.6 percentage points higher than the nationwide recovery rate of 92.9.

Colorado Jobs and Labor Force Update: January 2022

Colorado Jobs and Labor Force Update: January 2022

Share
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.

Colorado Jobs and Labor Force Update: December 2021

Colorado Jobs and Labor Force Update: December 2021

Share
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.

Colorado Jobs and Labor Force Update: November 2021

Colorado Jobs and Labor Force Update: November 2021

Share
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.

Colorado Jobs and Labor Force Update: October 2021

Colorado Jobs and Labor Force Update: October 2021

Share
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.