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 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.