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Labor Market Information Colorado Department of Labor and Employment Economic Climate and Employment Outlook Through 2018 Alexandra Hall Director, Labor.

Published byWhitney Lesley Copeland Modified over 9 years ago

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Presentation on theme: "Labor Market Information Colorado Department of Labor and Employment Economic Climate and Employment Outlook Through 2018 Alexandra Hall Director, Labor."— Presentation transcript:

1 Labor Market Information Colorado Department of Labor and Employment Economic Climate and Employment Outlook Through 2018 Alexandra Hall Director, Labor Market Information Colorado Department of Labor and Employment

2 Labor Market Information Colorado Department of Labor and Employment Today’s Presentation What is Labor Market Information? Colorado’s Current Economy Colorado’s Future Economy Growing/Declining Industries Top Jobs

3 Labor Market Information Colorado Department of Labor and Employment Economic activity peaked December 2007 Since then, almost 7 million jobs lost nationwide Perspective – About 1 in 3 temporary help, 1 in 5 construction and 1 in 7 manufacturing jobs have been lost in the U.S. Job losses have slowed substantially Current Economy: Nation

4 Labor Market Information Colorado Department of Labor and Employment

5 Labor Market Information Colorado Department of Labor and Employment

6 Labor Market Information Colorado Department of Labor and Employment

7 Labor Market Information Colorado Department of Labor and Employment

8 Labor Market Information Colorado Department of Labor and Employment

9 Labor Market Information Colorado Department of Labor and Employment

10 Labor Market Information Colorado Department of Labor and Employment

11 Labor Market Information Colorado Department of Labor and Employment

12 Labor Market Information Colorado Department of Labor and Employment

13 Labor Market Information Colorado Department of Labor and Employment Debt

14 Labor Market Information Colorado Department of Labor and Employment Federal Funds Rate

15 Labor Market Information Colorado Department of Labor and Employment

16 Labor Market Information Colorado Department of Labor and Employment

17 Labor Market Information Colorado Department of Labor and Employment Employment Change

18 Labor Market Information Colorado Department of Labor and Employment Current Economy: Colorado Employment peaked 9 months later in August 2008 Lost over 110,000 jobs through August 2009 Unemployment rate may have peaked at 7.8% in July 2009, down to 7.3% in August

19 Labor Market Information Colorado Department of Labor and Employment

20 Labor Market Information Colorado Department of Labor and Employment

21 Labor Market Information Colorado Department of Labor and Employment

22 Labor Market Information Colorado Department of Labor and Employment Colorado Employment Changes

23 Labor Market Information Colorado Department of Labor and Employment Current Economy: On the Bright Side, Modest Improvement Consumer confidence may have turned the corner Job losses have slowed substantially Stimulus dollars are flowing According to many experts, Colorado is poised to lead the nation out of recession

24 Labor Market Information Colorado Department of Labor and Employment Looking Forward: Colorado Employment Through 2018

25 Labor Market Information Colorado Department of Labor and Employment Looking Forward: Regional Perspective

26 Labor Market Information Colorado Department of Labor and Employment

27 Labor Market Information Colorado Department of Labor and Employment Looking Forward: Colorado’s Top Occupations

28 Labor Market Information Colorado Department of Labor and Employment

29 Labor Market Information Colorado Department of Labor and Employment

30 Labor Market Information Colorado Department of Labor and Employment

31 Labor Market Information Colorado Department of Labor and Employment Contact Us Alexandra Hall Labor Market Information Colorado Dept of Labor & Employment 633 17th St, Ste 600 Denver, CO 80202 303 318-8850 phone

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