Jobs & Our Economy

Impacts of Saving Colorado Businesses on the Current $5.3 Billion Tax Bill: Analysis of the Governor’s Budget Request to Contribute $600 Million to the State’s Unemployment Insurance Trust Fund

Jan 17, 2022

Due to the influence of the COVID-19 pandemic and the state government’s policy responses, Colorado’s unemployment levels spiked in early 2020 and caused the state’s Unemployment Insurance Trust Fund to become deeply insolvent.

Colorado Jobs and Labor Force Update: November 2021

Dec 17, 2021

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.

Inflation in Colorado – November 2021

Dec 10, 2021

In the aftermath of the COVID-19 pandemic and trillions of dollars of pandemic relief spending by the federal government, the rate of inflation in the U.S. has grown sharply in 2021 and become one of the most-discussed economic issues of the day. High inflation levels erode savings and increase the costs of daily commutes, groceries, and other consumer goods.

Colorado Jobs and Labor Force Update: October 2021

Nov 19, 2021

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.

Colorado Jobs and Labor Force Update: September 2021

Oct 22, 2021

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.

Proposition 120: What Voters See, May Not Be What Voters Get

Oct 5, 2021

Proposition 120 – “Property Tax Assessment Rate Reduction” proposes to permanently reduce the statewide property tax assessment rate for several classes of property.

Colorado Jobs and Labor Force Update: August 2021

Sep 17, 2021

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.