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Jobs & Our Economy

Colorado Jobs and Labor Force Update: May 2022

Colorado Jobs and Labor Force Update: May 2022

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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%.

Inflation in Colorado: May 2022 Update

Inflation in Colorado: May 2022 Update

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Inflation in the Denver metropolitan area continues to run hot, particularly for housing. Overall price levels increased 3.4% between January and May and 8.3% over the last 12 months.

Colorado Jobs and Labor Force Update: April 2022

Colorado Jobs and Labor Force Update: April 2022

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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.

Bill Spotlight: SB22-234 Unemployment Compensation

Bill Spotlight: SB22-234 Unemployment Compensation

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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. Now, the Trust Fund is projected to remain insolvent until the 2024 fiscal year.