Posted inBusiness, Economy, News

What’s Working: Colorado had the nation’s top layoff rate in December, but fewer people quit their jobs

Looks like omicron did have an impact on Colorado’s employers in December. New monthly data from the Bureau of Labor Statistics this week ranked the state as the nation’s highest for the rate of layoffs, tied with Alaska for the top spot.  An estimated 1.6% of Colorado’s workforce was laid off in December, or double […]

Posted inBusiness, Economy, News

What’s Working: Where Colorado’s COVID economic recovery is better and worse than the rest of the country

Colorado’s economy continues to improve from the worst of the COVID-19 pandemic, but that was expected as businesses adapted and employees returned to work. We are, after all, nearly two years from Spring 2020’s massive business disruptions. What makes Colorado’s economy stand out is how much better — or worse — it has recovered compared […]

Posted inBusiness, Economy, News

What’s Working: Colorado was tied for nation’s 4th highest rate of job quitters in September

A lot of things changed in Colorado’s labor market in September. Pandemic unemployment ended, which cut off benefits for 107,000 unemployed workers. Some of the first vaccine mandates took effect. And Colorado went from the state with the nation’s highest rate of layoffs and job separations to the 18th highest. The drop in September was […]