Colorado: Private sector companies only added 1,100 jobs last year
Colorado added an anemic 300 nonfarm jobs in December, according to a monthly update from the Colorado Department of Labor and Employment.
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Colorado added an anemic 300 nonfarm jobs in December, according to a monthly update from the Colorado Department of Labor and Employment.
Despite job gains moving at their slowest pace since 2011 and extreme stress in commercial real estate, Colorado managed to stave off a recession this year. Many are wondering whether it can keep an economic downturn at bay again next year.
But neither will it be a bed of thorns, as inflation eases and a recession doesn't set in, according to the 2024 Colorado Business Economic Outlook.
Colorado's economy next year won't be a bed of roses, with job gains running at their slowest pace since 2011 and commercial real estate under extreme stress.
But neither will it be a bed of thorns, as inflation eases and a recession doesn't set in, according to the 2024 Colorado Business Economic Outlook.