Colorado hiring rebounds in July following losses in June

Colorado employers added jobs in July helping to compensate for the revised loss of jobs in June according to a monthly update from the Colorado Department of Labor and Employment Construction hiring which has been sluggish the past year was especially strong in July with jobs added It was followed by agreement transportation and utilities which gained positions according to a survey of employers Manufacturing and the natural tools employment stayed flat while leisure and hospitality lost jobs and private educational and physical condition services lost jobs Over the past year employers in the state have added a net jobs of which came in the private sector and the remainder from governments which are under pressure to cut positions Colorado s job rise rate over the past year is which is historically low for the state and lags the U S rate of The state s unemployment rate fell from in June to in July according to a separate survey of households It remains above the U S unemployment rate of although the gap is narrowing The number of unemployed workers in the state decreased by between June and July Related Articles ICE plans to open as a large number of as three new detention centers in rural Colorado overview says A year into Aurora s apartments saga tenants city agents and property owners are still dealing with the fallout Certain Colorado employers still fail to follow pay transparency rules Of subject our thin-skinned president retaliates over unfavorable jobs summary Letters Denver Mayor Mike Johnston sets starting date for layoffs of city workers next month Large downward revisions to the May and June numbers and a tepid gain of jobs in last month s U S employment record resulted in President Trump s unprecedented firing U S Bureau of Labor Statistics Administrator Erika McEntarfer whom he accused without evidence of falsifying material to make his administration and Republicans look bad The BLS would have normally put its numbers out at the same time as Colorado did but statewide employment releases by the BLS have been delayed until Aug pending internal reviews Colorado experienced a downward revision of an additional jobs in June beyond the initially shared according to the CDLE analysis But it also had a respectable gain in July The Colorado Job Openings and Labor Turnover which the BLS circulated on Friday exhibited Colorado had job openings in June compared to in May That works out to a ratio of openings for every unemployed person which is greater than the U S ratio of Colorado had the second-largest decrease in its hiring level in June with fewer hires made than in May Virginia led in that category with fewer hires Nationally the number of new hires in June was close to that in May Wages in Colorado for workers holding the same job are up over the past year which ranks the state sixth in the country for wage progress according to ADP the nation s leading payroll services company Workers who held the same job had a median annual salary in July of in Colorado above the median of for the U S Get more business news by signing up for our Economic activity Now newsletter