jobs growth
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Colorado unemployment rate drops again in May
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Colorado’s unemployment rate fell to 3.5% in May, its lowest level since the pandemic began. And the state’s economy has recovered more than twice as quickly as it did during the Great Recession, the Colorado Department of Labor and Employment announced Friday. May was the 11th month in a row in which Colorado’s unemployment rate either…
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Colorado tries luring Australian green energy company
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Colorado’s Economic Development Commission on Thursday approved almost $9.4 million in incentives to try to lure four companies to the state, including an Australian “green energy” company. The companies could create nearly 1,100 local jobs, officials said. The biggest package would go to a company that the state is calling “Project Chamomile,” which it described as…
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Colorado economy in recovery mode, but mixed signals persist, report says
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Despite a series of mixed or muddled messages, Colorado’s economy remains in strong recovery mode with the number of jobs here exceeding pre-pandemic levels, unemployment continuing to decline and strong gross domestic product growth, according to a report released Tuesday. The Quarterly Business and Economic Indicators report covers the first quarter of 2022 and is…
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Colorado economic indicators report shows strong jobs growth, price hikes
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Colorado’s employment will recover to pre-pandemic levels this year, with some industries already fully recovered, and the state’s inflation rate remained lower than the national average last year, according to the Colorado Secretary of State’s Quarterly Business & Economic Indicators report for the fourth quarter of 2021. “The state is in recovery mode,” according to…
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Colorado’s 2022 economic forecast shines bright, with warnings
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Colorado should recover this year all the jobs it lost during the pandemic, and many industries are poised to return to pre-pandemic levels of business, according to panelists at the South Metro Denver Chamber of Commerce economic forecast breakfast Friday. “Most economic activity is getting back, or will be back in 2022 to where it…
