By September 26, 2013 Read More →

Denver jobs picture brightens even more

Denver, which achieved a full employment recovery in the first quarter, continued to add jobsin the second, according to a study released Wednesday. The Mountain Monitor report, which tracks the economic recovery in Denver and other cities in the Intermountain West, is done by the Brookings Institute and the University of Nevada, Las Vegas. A PDF of the report can be downloaded here.

The Mountain Monitor tracks quarterly indicators of economic recession and recovery in the sixstate mountain region’s 10 major metropolitan areas that fall within the 100 most populous nationally. The six states are Arizona, Colorado, Idaho, Nevada, New Mexico, and Utah. In Colorado, the report includes data on the Denver-Aurora area and on Colorado Springs. Now fully recovered from job losses resulting from the recession, Denver had a 0.9 percent growth in employment in the second quarter. That’s ahead of the 0.6 percent increase for metro areas in the Intermountain West and also better than the U.S. average of 0.3 percent.

Denver only trailed Provo’s 1.8 percent and Albuquerque’s 1.2 percent for job growth since the first quarter. Colorado Springs, which in the first quarter also regained jobs lost, had job growth turn negative in the second. Colorado Springs had a 0.1 percent decline in jobs during the second.

L. Wayne Hicks is Social Media Engagement Officer / Digital Producer of the Denver Business Journal, writes for the “Cultural Attache” blog, and compiles the daily “DBJ Morning Call” email. Phone: 303-803-9221.

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