Tag: Senior Economist
-
CU Boulder Leeds report predicts record Colorado employment levels in 2023
Colorado’s economy looks strong heading into 2023, with record employment levels in 2022 expected to continue in the next 12 months and several strong industries here to propel the state through recession worries, according to a 2023 Colorado Business Economic Outlook by University of Colorado Boulder’s Leeds School. This year is expected to be a record…
-
Colorado homeowners misery index rising as cost of purchasing a home doubled in 7 years
The cost to purchase a Colorado home has doubled in the last 7 years, leading the affordability index to be the lowest it has been in 33 years, according to the Common Sense Institute’s most recent report. The median home price in Colorado is currently $580,275 with a 30-year mortgage rate of 5.22%, according to…
-
Colorado’s unemployment drops again, recovers all pandemic job losses
Colorado’s unemployment rate continues its slow but steady decline. June’s household survey found that the state’s unemployment level edged down a tenth of a percentage point to 3.4%, the Colorado Department of Labor and Employment reported Friday. It has been 12 consecutive months of flat or dropping unemployment levels, according to the department. Colorado’s unemployment…
-
Colorado unemployment rate drops for fifth consecutive month
Colorado’s unemployment rate fell in September for a fifth consecutive month to 5.6%, the Colorado Department of Labor and Employment reported Friday. That’s the lowest rate since the COVID-19 pandemic triggered a stay-at-home order in March 2020 that closed many businesses. Last month’s jobless rate was down from 5.9% the month before and down from 7%…
-
Colorado unemployment rate falls to lowest level of pandemic
—
by
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado’s unemployment rate fell to 5.9% in August, the lowest level since just before the COVID-19 pandemic triggered a stay-at-home order that resulted in massive job cuts. Last month’s rate was down from 6.1% in July and 7.1% in August 2020 and is the lowest…
-
Colorado Springs close to recovering all jobs lost in pandemic
The Colorado Springs economy was just 700 jobs away last month from recovering the jobs lost during the COVID-19 pandemic, according to a recent analysis from the Colorado Department of Labor and Employment. Ryan Gedney, the department’s senior economist, estimates area payrolls totaled 304,000 in July, or 700 fewer jobs than the record 304,700 people…
-
Colorado unemployment edges lower but for wrong reasons
—
by
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado’s unemployment rate edged lower to 6.1% in July, but only because nearly 3,000 people left the job market and as a result were not counted as unemployed, the U.S. Bureau of Labor Statistics reported Friday. The July jobless rate, which had been 6.2% in…
-
Colorado unemployment rate falls to lowest level since March 2020
Colorado’s unemployment rate fell to 6.2% in May, breaking a three-month logjam when the rate was stuck at 6.4% and reaching the lowest level since March 2020, when the COVID-19 pandemic triggered widespread restrictions on businesses. Nearly four times as many people found jobs last month as returned to or entered the job market, reducing…
-
Colorado unemployment rate unchanged for third consecutive month
Colorado’s unemployment rate remained unchanged in April for a third consecutive month at 6.4% as many employers continue to struggle to find workers, the Colorado Department of Labor and Employment reported Friday. The worker shortage is so acute the department Sunday will begin offering bonuses of up to $1,600 to those collecting unemployment benefits if…
-
Study: Lowest-paid jobs in Colorado hit hardest by COVID-19 pandemic
—
by
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado’s lowest-paid workers have been hit hardest by job losses from restrictions to slow the spread of the COVID-19 pandemic, statistics from the Colorado Department of Labor and Employment show. Colorado unemployment rate unchanged in February Jobs such as food preparation and serving, personal care…