22
PRESS RELEASE Colorado Department of Labor and Employment • 633 17 th Street, Suite 1200 • Denver, CO 80202 • (303) 318-8004 • Fax: (303) 318-8070 For Immediate Release Date: March 10, 2011/ 8:00 A.M. Contact: Office of Government and Public Relations Phone: (303) 318-8004 Fax: (303) 318-8070 Web: http://lmigateway.coworkforce.com/lmigateway/ Colorado Employment Situation January 2011 Employers in Colorado added 2,200 non-farm payroll jobs from December to January for a total of 2,223,400 jobs. Private sector payroll jobs increased by 5,000 and government decreased by 2,800. The Colorado unemployment rate increased from 8.9 to 9.1 percent and the national unemployment rate dropped from 9.4 to 9.0 percent over the same period. Over the year, the average workweek for all employees on private nonfarm payrolls increased from 33.6 to 34.5 hours and average hourly earnings increased from $23.71 to $24.25. The largest over the month private sector job gains in January were in professional and business services, education and health services, and trade, transportation and utilities. The largest declines were in leisure and hospitality, construction and information. Over the year, non-farm payroll jobs increased 13,100 with 12,800 of those in the private sector. The largest job gains were in education and health services, professional and business services and leisure and hospitality. The largest declines were in construction, information and financial activities. At 9.1 percent, the January 2011 unemployment rate is up two-tenths of one percentage point from 8.9 percent in January 2010. The number of Coloradans participating in the labor force has declined 29,500 to 2,670,700, total employment has declined 30,900 to 2,427,400, and the number of unemployed has increased 3,300 to 243,300. The national unemployment rate declined from 9.7 to 9.0 percent from January 2010 to 2011. All Colorado estimates from the establishment and household surveys, including greater geographic detail, are available at: http://lmigateway.coworkforce.com/lmigateway . Estimates for all states and the nation are available at: http://www.bls.gov .

Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

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Page 1: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

PRESS RELEASE Colorado Department of Labor and Employment • 633 17th Street, Suite 1200 • Denver, CO 80202 • (303) 318-8004 • Fax: (303) 318-8070

For Immediate Release Date: March 10, 2011/ 8:00 A.M. Contact: Office of Government and Public Relations Phone: (303) 318-8004 Fax: (303) 318-8070 Web: http://lmigateway.coworkforce.com/lmigateway/

Colorado Employment Situation January 2011

Employers in Colorado added 2,200 non-farm payroll jobs from December to January for a total of 2,223,400 jobs. Private sector payroll jobs increased by 5,000 and government decreased by 2,800. The Colorado unemployment rate increased from 8.9 to 9.1 percent and the national unemployment rate dropped from 9.4 to 9.0 percent over the same period. Over the year, the average workweek for all employees on private nonfarm payrolls increased from 33.6 to 34.5 hours and average hourly earnings increased from $23.71 to $24.25. The largest over the month private sector job gains in January were in professional and business services, education and health services, and trade, transportation and utilities. The largest declines were in leisure and hospitality, construction and information. Over the year, non-farm payroll jobs increased 13,100 with 12,800 of those in the private sector. The largest job gains were in education and health services, professional and business services and leisure and hospitality. The largest declines were in construction, information and financial activities. At 9.1 percent, the January 2011 unemployment rate is up two-tenths of one percentage point from 8.9 percent in January 2010. The number of Coloradans participating in the labor force has declined 29,500 to 2,670,700, total employment has declined 30,900 to 2,427,400, and the number of unemployed has increased 3,300 to 243,300. The national unemployment rate declined from 9.7 to 9.0 percent from January 2010 to 2011. All Colorado estimates from the establishment and household surveys, including greater geographic detail, are available at: http://lmigateway.coworkforce.com/lmigateway. Estimates for all states and the nation are available at: http://www.bls.gov.

Page 2: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

Also released are the benchmark revisions to 2006 through 2010 household survey based estimates. This annual revision incorporates updated census population controls, seasonal factors, updated household survey results and unemployment insurance claims inputs. The Current Employment Statistics series estimates for 2009 and 2010 were also revised in the benchmarking process. Updates to seasonal factors caused minor revisions back to the beginning of the series in 1990. The February 2011 Employment Situation will be released on Friday, March 25, 2011. Non-farm payroll jobs estimates are based on a survey of business establishments and government agencies, and are intended to measure the number of jobs, not the number of people employed. Other series based on this survey include private sector average weekly hours, average hourly earnings and average weekly earnings. The unemployment rate, labor force, labor force participation, total employment and the number of unemployed are based on a survey of households. The total employment estimate derived from this survey is intended to measure the number of people employed. The business establishment survey covers about seven times the number of households surveyed and is therefore considered a more reliable indicator of economic conditions. Because the estimates are based on two separate surveys, one measuring jobs by worksite and the other measuring employment and unemployment by household, estimates based on these surveys may provide seemingly conflicting results. Attachments: Benchmark Briefing for January, 2011 Map of Colorado with Unemployment Rates per Region Labor Force Summary for January, 2011 Counties Labor Force Summary for January, 2011

Page 3: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011

Thursday, March 10, 2011 1

Colorado New Unemployment Rate vs. 20102006 - Present

3.4

4.4

5.4

6.4

7.4

8.4

9.4

10.4

Jan-

06

Mar

-06

May

-06

Jul-0

6

Sep-

06

Nov

-06

Jan-

07

Mar

-07

May

-07

Jul-0

7

Sep-

07

Nov

-07

Jan-

08

Mar

-08

May

-08

Jul-0

8

Sep-

08

Nov

-08

Jan-

09

Mar

-09

May

-09

Jul-0

9

Sep-

09

Nov

-09

Jan-

10

Mar

-10

May

-10

Jul-1

0

Sep-

10

Nov

-10

Jan-

11

Source: Colorado Department of Labor and Employment, Labor Market Information

Perc

ent

New Unemployment Rate 2010 Unemployment RateU.S. UR

The unemployment rate published for December 2010, 8.8%, was revised up to 8.9%.

Colorado's Jan-11 unemployment rate is 9.1%, which exceeds the

national rate by 0.1%.

Page 4: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011

Thursday, March 10, 2011 2

U.S. and Colorado Unemployment Rate1976 - Present

2.0

3.0

4.0

5.0

6.0

7.0

8.0

9.0

10.0

11.0

Jan-

76Ja

n-77

Jan-

78Ja

n-79

Jan-

80Ja

n-81

Jan-

82

Jan-

83Ja

n-84

Jan-

85Ja

n-86

Jan-

87

Jan-

88Ja

n-89

Jan-

90Ja

n-91

Jan-

92

Jan-

93Ja

n-94

Jan-

95Ja

n-96

Jan-

97

Jan-

98Ja

n-99

Jan-

00Ja

n-01

Jan-

02

Jan-

03Ja

n-04

Jan-

05Ja

n-06

Jan-

07

Jan-

08Ja

n-09

Jan-

10Ja

n-11

Source: Bureau of Labor Statistics/Colorado Department of Labor and Employment, Labor Market Information

Perc

ent

U.S. Colorado

The last time the Colorado unemployment rate exceeded the U.S. rate by a

significant amount for any length of time was from 1986 - 1989, a difficult period in

the history of Colorado.

Page 5: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011

Thursday, March 10, 2011 3

U.S. and Colorado Labor Force Participation Rate,Colorado Civilian Non-institutional Population 16+ and Labor Force

64.0

65.0

66.0

67.0

68.0

69.0

70.0

71.0

72.0

73.0

74.0

Jan-

06

Apr

-06

Jul-0

6

Oct

-06

Jan-

07

Apr

-07

Jul-0

7

Oct

-07

Jan-

08

Apr

-08

Jul-0

8

Oct

-08

Jan-

09

Apr

-09

Jul-0

9

Oct

-09

Jan-

10

Apr

-10

Jul-1

0

Oct

-10

Jan-

11

Source: BLS/CO Dept. Labor & Emp., Labor Market Information

Perc

ent

2,600.0

2,800.0

3,000.0

3,200.0

3,400.0

3,600.0

3,800.0

4,000.0

Thousands

U.S. LFP CO LFP

CO Labor Force CO Civilian Non-Instit Pop 16+

The Colorado labor force participation rate dropped five percentage points while the U.S. rate dropped only two

percentage points. At the same time, the Colorado labor force declined and the population increased. These

factors suggest there may be strong upward pressure on Colorado's unemployment rate as the economy recovers.

Page 6: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011

Thursday, March 10, 2011 4

U.S. and Colorado Nonfarm Payroll Jobs2001 - Present

129,000

130,000

131,000

132,000

133,000

134,000

135,000

136,000

137,000

138,000

Jan-

01

Jan-

02

Jan-

03

Jan-

04

Jan-

05

Jan-

06

Jan-

07

Jan-

08

Jan-

09

Jan-

10

Jan-

11

Source: Bureau of Labor Statistics/Colorado Department of Labor and Employment, Labor Market Information

Thou

sand

s

2,145.0

2,195.0

2,245.0

2,295.0

2,345.0

Thousands

U.S. CO

This period is sometimes referred to as the "lost decade" in reference to jobs.

Page 7: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011

Thursday, March 10, 2011 5

U.S. and Colorado Nonfarm Payroll JobsOver the Year Growth Rate, 2001 - Present

-6.0%

-5.0%

-4.0%

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

Jan-

01

Jan-

02

Jan-

03

Jan-

04

Jan-

05

Jan-

06

Jan-

07

Jan-

08

Jan-

09

Jan-

10

Jan-

11

Source: Bureau of Labor Statistics/Colorado Department of Labor and Employment, Labor Market Information

-6.0%

-5.0%

-4.0%

-3.0%

-2.0%

-1.0%

0.0%

1.0%

2.0%

3.0%

4.0%

U.S. Colorado

The recovery faltered and resumed at a slower pace as concerns over sovereign

debt and uncertainty over the future grew.

Page 8: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011

Thursday, March 10, 2011 6

U.S. and Colorado Nonfarm Payroll JobsJune 2007 - Present

129,000

130,000

131,000

132,000

133,000

134,000

135,000

136,000

137,000

138,000Ju

n-07

Sep-

07

Dec

-07

Mar

-08

Jun-

08

Sep-

08

Dec

-08

Mar

-09

Jun-

09

Sep-

09

Dec

-09

Mar

-10

Jun-

10

Sep-

10

Dec

-10

Source: Bureau of Labor Statistics/Colorado Department of Labor and Employment, Labor Market Information

Thou

sand

s

2195.0

2215.0

2235.0

2255.0

2275.0

2295.0

2315.0

2335.0

2355.0

Thousands

U.S. CO

Revised estimates indicate U.S. employment peaked January 2008, rather than the

previously indicated December 2007, and Colorado employment peaked 3 months later in April 2008, rather than May. Colorado job losses totaled 151,100 (-6.4%) from peak to

trough, which was reached January 2010 for a total of 21 months of job losses. Nationally, 8.75 million (6.3%) jobs were lost and the

trough was reached February 2010. Colorado has recovered 13,100 jobs (0.6%) through

January 2011 vs. 1.08 million (0.8%) nationally.

Page 9: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011

Thursday, March 10, 2011 7

Colorado Nonfarm Payroll Jobs2007 - Present

2,195.0

2,215.0

2,235.0

2,255.0

2,275.0

2,295.0

2,315.0

2,335.0

2,355.0

Jan-

07

Mar

-07

May

-07

Jul-0

7

Sep-

07

Nov

-07

Jan-

08

Mar

-08

May

-08

Jul-0

8

Sep-

08

Nov

-08

Jan-

09

Mar

-09

May

-09

Jul-0

9

Sep-

09

Nov

-09

Jan-

10

Mar

-10

May

-10

Jul-1

0

Sep-

10

Nov

-10

Jan-

11

Source: Colorado Department of Labor and Employment, Labor Market Information

Thou

sand

s

New Nonfarm Payroll Jobs

2010 Nonfarm Payroll Jobs

Benchmark PeriodOct 2009 - Sep 2010

The nonfarm payroll jobs estimates are readjusted to reflect information

available from the Quarterly Census of Employment and Wages program.

QCEW is a census of all jobs covered by the Unemployment Insurance

program and is updated quarterly and available with a 6-9 month lag.

Over the summer of 2010, concerns the U.S. might experience a double-dip recession

became widespread as the debt of sovereign nations garnered more attention. In an attempt

to avert this, the Federal Reserve implemented a second quantitative easing package dubbed QE2. Revised estimates

indicate Colorado jobs grew over the first few months of 2010, but peaked in May. This peak, which is also seen in the national

nonfarm payroll jobs estimates, lends further credibility to that concern.

Page 10: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011

Thursday, March 10, 2011 8

Colorado Over the Month Change2010 Nonfarm Payroll Jobs

-25.0

-20.0

-15.0

-10.0

-5.0

0.0

5.0

10.0

Jan-

08

Mar

-08

May

-08

Jul-0

8

Sep-

08

Nov

-08

Jan-

09

Mar

-09

May

-09

Jul-0

9

Sep-

09

Nov

-09

Jan-

10

Mar

-10

May

-10

Jul-1

0

Sep-

10

Nov

-10

Source: Colorado Department of Labor and Employment, Labor Market Information

Thou

sand

s

Previously published estimates indicated Colorado experienced 4 consecutive months of job growth.

Page 11: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011

Thursday, March 10, 2011 9

Colorado Over the Month ChangeNew Nonfarm Payroll Jobs

-20.0

-15.0

-10.0

-5.0

0.0

5.0

10.0

Jan-

08

Mar

-08

May

-08

Jul-0

8

Sep-

08

Nov

-08

Jan-

09

Mar

-09

May

-09

Jul-0

9

Sep-

09

Nov

-09

Jan-

10

Mar

-10

May

-10

Jul-1

0

Sep-

10

Nov

-10

Jan-

11

Source: Colorado Department of Labor and Employment, Labor Market Information

Thou

sand

s

Based on the new estimates, there were not 4 consecutive months of

job growth during this period.

Colorado experienced 4 months of job growth February - May 2010 before stalling.

Page 12: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011

Thursday, March 10, 2011 10

Colorado Nonfarm Payroll JobsJanuary 2010 and January 2011

120.

4

124.

7

395.

6

72.5

145.

4

326.

7

260.

2

260.

5

92.8

388.

8

112.

4

124.

8

397.

7

68.7

142

333.

6

271.

5

265.

8

92.5

389.

1

22.7

25.3

0

50

100

150

200

250

300

350

400M

inin

g &

Log

ging

Con

stru

ctio

n

Man

ufac

turin

g

Trad

e,Tr

ansp

orta

tion

&U

tiliti

es

Info

rmat

ion

Fina

ncia

lA

ctiv

ities

Prof

essi

onal

&B

usin

ess

Serv

ices

Educ

atio

n &

Hea

lth S

ervi

ces

Leis

ure

&H

ospi

talit

y

Oth

er S

ervi

ces

Gov

ernm

ent

Source: Bureau of Labor Statistics/Colorado Department of Labor and Employment, Labor Market Information

Thou

sand

s

January 2010 January 2011

Page 13: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011

Thursday, March 10, 2011 11

Colorado Nonfarm Payroll JobsOver the Month December 2010 to January 2011

5

-1

0.7

-1

5.2

2.4

-2.3

-0.7

-2.8

-0.4-0

.1

2.2

2.2

-3

-2

-1

0

1

2

3

4

5

Non

farm

Pay

roll

Jobs

Priv

ate

Non

farm

Payr

oll J

obs

Min

ing

& L

oggi

ng

Con

stru

ctio

n

Man

ufac

turin

g

Trad

e,Tr

ansp

orta

tion

&U

tiliti

es

Info

rmat

ion

Fina

ncia

l Act

iviti

es

Prof

essi

onal

&B

usin

ess

Serv

ices

Educ

atio

n &

Hea

lthSe

rvic

es

Leis

ure

&H

ospi

talit

y

Oth

er S

ervi

ces

Gov

ernm

ent

Source: Colorado Department of Labor and Employment, Labor Market Information

Thou

sand

s

Monthly jobs changes can be quite volatile due to the Bureau of Labor Statistics

methodology used to create the estimates.

Page 14: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011

Thursday, March 10, 2011 12

Colorado Nonfarm Payroll JobsAt Business Cycle Peak, April 2008, and January 2011

164.

7

146.

2

433.

5

77.3

157.

3

354.

9

248.

3 275

94.7

381.

6

112.

4

124.

8

397.

7

68.7

142

333.

6

271.

5

265.

8

92.5

389.

1

27.9

25.3

0

50

100

150

200

250

300

350

400

450M

inin

g &

Log

ging

Con

stru

ctio

n

Man

ufac

turin

g

Trad

e,Tr

ansp

orta

tion

&U

tiliti

es

Info

rmat

ion

Fina

ncia

lA

ctiv

ities

Prof

essi

onal

&B

usin

ess

Serv

ices

Educ

atio

n &

Hea

lth S

ervi

ces

Leis

ure

&H

ospi

talit

y

Oth

er S

ervi

ces

Gov

ernm

ent

Source: Colorado Department of Labor and Employment, Labor Market Information

Thou

sand

s

April 2008 January 2011

Page 15: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

Weld

Moffat

Mesa

Baca

Park

Las Animas

Routt

Larimer

Yuma

Garfield

Lincoln

Gunnison

Logan

Pueblo Saguache

Rio Blanco

Bent

Elbert

Grand

Eagle

Kiowa

El Paso

La Plata

Washington

Montrose

Otero

Kit Carson

Fremont

Delta

Prowers

Jackson

Montezuma

Cheyenne

Huerfano

Pitkin

Adams

Costilla Conejos

Morgan

Archuleta

Dolores

Hinsdale

Chaffee

San Miguel

Mineral

Custer

Douglas

Crowley

Teller

Phillips

Summit

Boulder

Ouray

Arapahoe

Alamosa Rio Grande

Lake

Sedgwick

Jefferson

San Juan

Clear Creek

Gilpin Denver

Broomfield

January 2011 Unemployment Rates, not seasonally adjusted

Less than 5%

5% to 6.9%

7% to 9.9%

10% and greater

Source: Colorado Department of Labor and EmploymentLabor Market Information

Page 16: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

SEASONALLY ADJUSTED* Jan-11 Dec-10 Jan-10 Month Year

Total Civilian Labor Force 2,670.7 2,668.4 2,700.2 2.3 -29.5Unemployment 243.3 238.0 240.0 5.3 3.3 Unemployment Rate (%) 9.1 8.9 8.9 -- -- Employment 2,427.4 2,430.4 2,460.2 -3.0 -32.8

UNADJUSTED FOR SEASONALITY:Jan-11 Dec-10 Jan-10 Month Year

Total Civilian Labor Force 2,662.1 2,656.2 2,685.3 5.9 -23.2Unemployment 263.5 231.8 255.8 31.7 7.7 Unemployment Rate (%) 9.9 8.7 9.5 -- -- Employment 2,398.6 2,424.4 2,429.5 -25.8 -30.9

SEASONALLY ADJUSTED: Jan-11 Dec-10 Jan-10 Month YearMining & Logging 25.3 25.4 22.7 -0.1 2.6Construction 112.4 113.4 120.4 -1.0 -8.0Manufacturing 124.8 124.1 124.7 0.7 0.1Trade, Transportation, & Utilities 397.7 395.5 395.6 2.2 2.1Information 68.7 69.7 72.5 -1.0 -3.8Financial Activities 142.0 142.4 145.4 -0.4 -3.4Professional & Business Services 333.6 328.4 326.7 5.2 6.9Educational & Health Services 271.5 269.1 260.2 2.4 11.3Leisure & Hospitality 265.8 268.1 260.5 -2.3 5.3Other Services 92.5 93.2 92.8 -0.7 -0.3Government 389.1 391.9 388.8 -2.8 0.3TOTAL NONAG 2,223.4 2,221.2 2,210.3 2.2 13.1Labor Disputants 0.0 0.0 0.0 0.0 0.0

UNADJUSTED FOR SEASONALITY: Jan-11 Dec-10 Jan-10 Month Year

Mining & Logging 25.1 25.6 22.5 -0.5 2.6Construction 103.0 111.4 110.3 -8.4 -7.3Manufacturing 124.5 125.1 123.6 -0.6 0.9Trade, Transportation, & Utilities 394.9 406.8 393.0 -11.9 1.9Information 68.6 70.2 72.2 -1.6 -3.6Financial Activities 141.0 143.2 144.9 -2.2 -3.9Professional & Business Services 323.3 329.2 318.0 -5.9 5.3Educational & Health Services 269.1 270.7 258.9 -1.6 10.2Leisure & Hospitality 266.4 270.9 256.7 -4.5 9.7Other Services 92.9 93.1 92.3 -0.2 0.6Government 381.3 397.2 382.4 -15.9 -1.1TOTAL NONAG 2,190.1 2,243.4 2,174.8 -53.3 15.3

Change from last:

Change from last:

WAGE AND SALARY EMPLOYMENT DATA

WAGE AND SALARY EMPLOYMENT DATA

LABOR FORCE SUMMARYCOLORADO

Preliminary Estimates for January 2011 (in thousands)

LABOR FORCE DATA

Page 17: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

Labor Disputants 0.0 0.0 0.0 0.0 0.0

Page 18: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

DENVER-AURORA-BROOMFIELD MSA (Adams, Arapahoe, Broomfield, Clear Creek, Denver, Douglas, Elbert, Gilpin, Jefferson, and Park counties)

SEASONALLY ADJUSTED* Jan-11 Dec-10 Jan-10 Month Year

Total Civilian Labor Force 1,381.7 1,364.4 1,386.7 17.3 -5.0Unemployment 129.9 121.6 125.7 8.3 4.2 Unemployment Rate (%) 9.4 8.9 9.1 -- -- Employment 1,251.8 1,242.8 1,261.0 9.0 -9.2

TOTAL NONAG 1,195.6 1,190.8 1,182.7 4.8 12.9

UNADJUSTED FOR SEASONALITY:Jan-11 Dec-10 Jan-10 Month Year

Total Civilian Labor Force 1,372.8 1,366.2 1,378.0 6.6 -5.2Unemployment 135.7 120.9 131.6 14.8 4.1 Unemployment Rate (%) 9.9 8.9 9.5 -- -- Employment 1,237.1 1,245.3 1,246.4 -8.2 -9.3

TOTAL NONAG 1,172.4 1,198.8 1,162.0 -26.4 10.4

BOULDER-LONGMONT MSA (Boulder County)

SEASONALLY ADJUSTED* Jan-11 Dec-10 Jan-10 Month Year

Total Civilian Labor Force 173.3 171.2 174.9 2.1 -1.6Unemployment 12.7 11.8 12.9 0.9 -0.2 Unemployment Rate (%) 7.3 6.9 7.4 -- -- Employment 160.6 159.4 162.0 1.2 -1.4

TOTAL NONAG 159.3 158.9 157.9 0.4 1.4

UNADJUSTED FOR SEASONALITY:Jan-11 Dec-10 Jan-10 Month Year

Total Civilian Labor Force 171.8 171.9 173.4 -0.1 -1.6Unemployment 13.3 11.5 13.5 1.8 -0.2 Unemployment Rate (%) 7.7 6.7 7.8 -- -- Employment 158.5 160.4 159.9 -1.9 -1.4

TOTAL NONAG 156.5 161.2 155.3 -4.7 1.2WAGE AND SALARY EMPLOYMENT DATA

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LABOR FORCE SUMMARYCOLORADO METROPOLITAN STATISTICAL AREAS

Preliminary Estimates for January 2011 (in thousands)

LABOR FORCE DATA

Page 19: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

COLORADO SPRINGS MSA (El Paso and Teller counties)

SEASONALLY ADJUSTED* Jan-11 Dec-10 Jan-10 Month Year

Total Civilian Labor Force 308.9 304.7 312.3 4.2 -3.4Unemployment 31.5 29.1 30.4 2.4 1.1 Unemployment Rate (%) 10.2 9.5 9.7 -- -- Employment 277.4 275.6 281.9 1.8 -4.5

TOTAL NONAG 245.0 245.6 246.0 -0.6 -1.0

UNADJUSTED FOR SEASONALITY:Jan-11 Dec-10 Jan-10 Month Year

Total Civilian Labor Force 306.7 304.2 310.1 2.5 -3.4Unemployment 32.8 28.7 31.7 4.1 1.1 Unemployment Rate (%) 10.7 9.4 10.2 -- -- Employment 273.9 275.5 278.4 -1.6 -4.5

TOTAL NONAG 240.4 246.6 240.9 -6.2 -0.5

FT. COLLINS-LOVELAND MSA (Larimer County)

SEASONALLY ADJUSTED* Jan-11 Dec-10 Jan-10 Month Year

Total Civilian Labor Force 176.8 173.9 176.9 2.9 -0.1Unemployment 13.7 12.6 13.8 1.1 -0.1 Unemployment Rate (%) 7.8 7.2 7.8 -- -- Employment 163.1 161.3 163.1 1.8 0.0

TOTAL NONAG 135.0 133.7 132.7 1.3 2.3

UNADJUSTED FOR SEASONALITY:Jan-11 Dec-10 Jan-10 Month Year

Total Civilian Labor Force 173.4 173.2 173.5 0.2 -0.1Unemployment 14.6 12.5 14.7 2.1 -0.1 Unemployment Rate (%) 8.4 7.2 8.5 -- -- Employment 158.8 160.7 158.8 -1.9 0.0

TOTAL NONAG 131.0 134.5 128.2 -3.5 2.8

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Page 20: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

GRAND JUNCTION MSA (Mesa County)

SEASONALLY ADJUSTED* Jan-11 Dec-10 Jan-10 Month Year

Total Civilian Labor Force 78.5 77.8 79.5 0.7 -1.0Unemployment 8.7 8.1 8.9 0.6 -0.2 Unemployment Rate (%) 11.1 10.4 11.2 -- -- Employment 69.8 69.7 70.6 0.1 -0.8

TOTAL NONAG 58.9 59.2 58.6 -0.3 0.3

UNADJUSTED FOR SEASONALITY:Jan-11 Dec-10 Jan-10 Month Year

Total Civilian Labor Force 77.7 77.6 78.6 0.1 -0.9Unemployment 9.3 8.1 9.4 1.2 -0.1 Unemployment Rate (%) 11.9 10.4 12.0 -- -- Employment 68.4 69.5 69.2 -1.1 -0.8

TOTAL NONAG 57.4 59.5 56.9 -2.1 0.5

GREELEY MSA (Weld County)

SEASONALLY ADJUSTED* Jan-11 Dec-10 Jan-10 Month Year

Total Civilian Labor Force 118.1 117.7 119.9 0.4 -1.8Unemployment 12.8 11.8 12.5 1.0 0.3 Unemployment Rate (%) 10.9 10.0 10.4 -- -- Employment 105.3 105.9 107.4 -0.6 -2.1

TOTAL NONAG 78.0 78.3 77.6 -0.3 0.4

UNADJUSTED FOR SEASONALITY:Jan-11 Dec-10 Jan-10 Month Year

Total Civilian Labor Force 117.1 117.0 118.9 0.1 -1.8Unemployment 13.5 11.7 13.2 1.8 0.3 Unemployment Rate (%) 11.5 10.0 11.1 -- -- Employment 103.6 105.3 105.7 -1.7 -2.1

TOTAL NONAG 76.1 78.5 75.9 -2.4 0.2WAGE AND SALARY EMPLOYMENT DATA

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Page 21: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

PUEBLO MSA (Pueblo County)

SEASONALLY ADJUSTED* Jan-11 Dec-10 Jan-10 Month Year

Total Civilian Labor Force 74.4 73.8 75.2 0.6 -0.8Unemployment 8.1 7.6 7.5 0.5 0.6 Unemployment Rate (%) 10.9 10.3 10.0 -- -- Employment 66.3 66.2 67.7 0.1 -1.4

TOTAL NONAG 57.0 56.8 57.3 0.2 -0.3

UNADJUSTED FOR SEASONALITY:Jan-11 Dec-10 Jan-10 Month Year

Total Civilian Labor Force 73.9 73.9 74.6 0.0 -0.7Unemployment 8.7 7.6 8.0 1.1 0.7 Unemployment Rate (%) 11.7 10.3 10.8 -- -- Employment 65.2 66.3 66.6 -1.1 -1.4

TOTAL NONAG 56.0 57.6 56.5 -1.6 -0.5Seasonally Adjusted MSA Labor Force Data not official BLS series

Labor force estimates are adjusted to Current Population Survey data. Estimates made in cooperation with the U.S. Dept. of Labor, Bureau of Labor Statistics.

1/ Residents unemployed during the week including the 12th of the month.

persons involved in labor disputes.

Classification System

Please reference, "Colorado Department of Labor and Employment, Labor Market Information".

Material contained within the accompanying tables is in the public domain and, with appropriate credit, may be reproduced without permission.

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2/ Total resident employment includes nonagricultural wage and salary workers; self-employed, unpaid family and domestic workers; agricultural workers and

3/Due to rounding, sum of individual items may not equal total. Industry data represents jobs by place of work coded under the 2002 North American Industry

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Page 22: Colorado Employment Situation January 2011...Nonfarm Payroll Jobs Estimates and January Unemployment Rate Embargoed Until 8:00 a.m. Thursday March 10, 2011 Thursday, March 10, 2011

Labor Force Employment Unemployment Rate Labor force Employment Unemployment Rate Labor Force Employment Unemployment RateColorado 2,662,085 2,398,624 263,461 9.9 2,656,239 2,424,426 231,813 8.7 2,685,266 2,429,464 255,802 9.5Alamosa-Conejos LMA 12,437 11,079 1,358 10.9 12,827 11,722 1,105 8.6 12,349 11,246 1,103 8.9 Alamosa 8,703 7,839 864 9.9 9,017 8,294 723 8.0 8,669 7,957 712 8.2 Conejos 3,734 3,240 494 13.2 3,810 3,428 382 10.0 3,680 3,289 391 10.6Archuleta 5,709 4,981 728 12.8 5,748 5,152 596 10.4 6,065 5,362 703 11.6Baca 2,105 1,990 115 5.5 2,279 2,180 99 4.3 2,337 2,222 115 4.9Bent 2,147 1,918 229 10.7 2,514 2,312 202 8.0 2,465 2,244 221 9.0Cañon City MCA (Fremont) 18,768 16,323 2,445 13.0 18,929 16,865 2,064 10.9 19,409 17,178 2,231 11.5Chaffee 7,691 6,941 750 9.8 8,111 7,463 648 8.0 8,068 7,337 731 9.1Cheyenne 1,128 1,079 49 4.3 1,234 1,192 42 3.4 1,258 1,214 44 3.5Colorado Springs MSA 306,756 273,948 32,808 10.7 304,273 275,536 28,737 9.4 310,157 278,437 31,720 10.2 El Paso 294,649 263,299 31,350 10.6 292,215 264,825 27,390 9.4 298,177 267,614 30,563 10.2 Teller 12,107 10,649 1,458 12.0 12,058 10,711 1,347 11.2 11,980 10,823 1,157 9.7Costilla 1,212 1,002 210 17.3 1,421 1,233 188 13.2 1,358 1,206 152 11.2Custer 1,770 1,620 150 8.5 1,872 1,751 121 6.5 1,877 1,718 159 8.5Delta 15,561 13,775 1,786 11.5 15,912 14,376 1,536 9.7 16,010 14,326 1,684 10.5Denver-Aurora-Boulder CSA 1,661,678 1,499,186 162,492 9.8 1,655,080 1,510,966 144,114 8.7 1,670,208 1,511,984 158,224 9.5 Boulder-Longmont MSA 171,744 158,469 13,275 7.7 171,897 160,365 11,532 6.7 173,381 159,903 13,478 7.8 Denver-Aurora MSA 1,372,845 1,237,126 135,719 9.9 1,366,243 1,245,326 120,917 8.9 1,377,969 1,246,405 131,564 9.5 Adams 226,502 200,674 25,828 11.4 224,884 202,004 22,880 10.2 227,303 202,179 25,124 11.1 Arapahoe 307,631 278,284 29,347 9.5 306,615 280,128 26,487 8.6 308,612 280,371 28,241 9.2 Broomfield 30,075 27,578 2,497 8.3 30,000 27,760 2,240 7.5 30,401 27,784 2,617 8.6 Clear Creek 5,319 4,835 484 9.1 5,273 4,867 406 7.7 5,314 4,872 442 8.3 Denver 321,254 286,165 35,089 10.9 319,329 288,061 31,268 9.8 321,686 288,311 33,375 10.4 Douglas 157,318 145,365 11,953 7.6 156,930 146,328 10,602 6.8 158,451 146,455 11,996 7.6 Elbert 12,678 11,550 1,128 8.9 12,572 11,626 946 7.5 12,844 11,637 1,207 9.4 Gilpin 3,608 3,315 293 8.1 3,609 3,337 272 7.5 3,635 3,340 295 8.1 Jefferson 299,139 271,020 28,119 9.4 297,836 272,817 25,019 8.4 300,392 273,053 27,339 9.1 Park 9,322 8,341 981 10.5 9,194 8,396 798 8.7 9,330 8,403 927 9.9 Greeley MSA 117,089 103,591 13,498 11.5 116,940 105,275 11,665 10.0 118,858 105,676 13,182 11.1Dolores 964 768 196 20.3 931 760 171 18.4 1,023 827 196 19.2Durango MCA (La Plata) 30,155 27,585 2,570 8.5 29,767 27,702 2,065 6.9 30,238 27,786 2,452 8.1Edwards MCA 36,023 32,690 3,333 9.3 35,593 32,536 3,057 8.6 35,987 32,857 3,130 8.7 Eagle 31,818 29,038 2,780 8.7 31,469 28,901 2,568 8.2 31,852 29,186 2,666 8.4 Lake 4,205 3,652 553 13.2 4,124 3,635 489 11.9 4,135 3,671 464 11.2Fort Collins-Loveland MSA 173,471 158,833 14,638 8.4 173,200 160,659 12,541 7.2 173,528 158,813 14,715 8.5Fort Morgan MCA (Morgan) 14,248 13,118 1,130 7.9 14,782 13,822 960 6.5 14,531 13,461 1,070 7.4Garfield 32,781 29,250 3,531 10.8 32,241 29,174 3,067 9.5 32,894 29,388 3,506 10.7Grand 9,376 8,524 852 9.1 8,777 8,056 721 8.2 9,532 8,748 784 8.2Grand Junction MSA 77,715 68,445 9,270 11.9 77,570 69,495 8,075 10.4 78,608 69,187 9,421 12.0Gunnison 10,091 9,403 688 6.8 9,350 8,742 608 6.5 9,305 8,636 669 7.2Hinsdale 510 473 37 7.3 492 460 32 6.5 544 517 27 5.0Huerfano 3,314 2,859 455 13.7 3,061 2,667 394 12.9 3,358 2,928 430 12.8Jackson 1,087 1,005 82 7.5 1,083 1,014 69 6.4 1,095 1,013 82 7.5Kiowa 783 731 52 6.6 885 843 42 4.7 873 815 58 6.6Kit Carson 4,171 3,906 265 6.4 4,434 4,218 216 4.9 4,545 4,302 243 5.3Las Animas 8,328 7,459 869 10.4 8,013 7,266 747 9.3 7,993 7,117 876 11.0Lincoln 2,813 2,640 173 6.2 2,862 2,717 145 5.1 2,951 2,790 161 5.5Mineral 454 422 32 7.0 462 431 31 6.7 516 478 38 7.4Moffat 8,372 7,455 917 11.0 8,588 7,795 793 9.2 8,565 7,667 898 10.5Montezuma 11,916 10,568 1,348 11.3 12,463 11,334 1,129 9.1 12,860 11,463 1,397 10.9Montrose MCA 19,785 17,206 2,579 13.0 20,578 18,320 2,258 11.0 20,452 18,032 2,420 11.8Otero-Crowley LMA 10,191 9,040 1,151 11.3 10,579 9,594 985 9.3 10,824 9,790 1,034 9.6 Crowley 1,813 1,566 247 13.6 1,864 1,662 202 10.8 1,906 1,696 210 11.0 Otero 8,378 7,474 904 10.8 8,715 7,932 783 9.0 8,918 8,094 824 9.2Ouray 2,387 2,134 253 10.6 2,617 2,400 217 8.3 2,579 2,344 235 9.1Phillips 2,093 1,956 137 6.5 2,375 2,262 113 4.8 2,321 2,196 125 5.4Pitkin 11,987 11,224 763 6.4 11,085 10,303 782 7.1 11,883 11,176 707 5.9Prowers 5,926 5,431 495 8.4 6,279 5,863 416 6.6 6,509 6,032 477 7.3Pueblo MSA 73,923 65,240 8,683 11.7 73,869 66,264 7,605 10.3 74,668 66,621 8,047 10.8Rio Blanco 3,782 3,493 289 7.6 4,009 3,772 237 5.9 4,151 3,839 312 7.5Rio Grande 6,270 5,558 712 11.4 6,998 6,392 606 8.7 6,443 5,835 608 9.4Routt 15,275 13,954 1,321 8.6 15,050 13,867 1,183 7.9 15,378 14,123 1,255 8.2Saguache 2,594 2,207 387 14.9 3,091 2,758 333 10.8 3,203 2,857 346 10.8San Juan 448 365 83 18.5 513 449 64 12.5 431 371 60 13.9San Miguel 5,545 5,172 373 6.7 5,306 4,959 347 6.5 5,646 5,305 341 6.0Sedgwick 1,443 1,331 112 7.8 1,476 1,388 88 6.0 1,562 1,477 85 5.4Silverthorne MCA (Summit) 17,885 16,610 1,275 7.1 17,713 16,558 1,155 6.5 18,462 17,281 1,181 6.4Sterling MCA (Logan) 10,718 9,914 804 7.5 10,954 10,252 702 6.4 11,320 10,499 821 7.3Washington 2,485 2,314 171 6.9 2,697 2,552 145 5.4 2,699 2,519 180 6.7Yuma 5,819 5,502 317 5.4 6,296 6,035 261 4.1 6,225 5,901 324 5.2CSA is Combined Statistical Area; the Denver-Aurora-Boulder CSA includes the Greeley MSA.The Fort Collins-Loveland MSA is Larimer County; the Greeley MSA is Weld County; the Grand Junction MSA is Mesa County.MCA stands for Micropolitan Statistical Area; LMA is Labor Market Area.All multi-county areas have their respective counties or MSA's listed in indented and italicized form .All estimates made in cooperation with the U.S. Department of Labor, Bureau of Labor Statistics and adjusted to Current Population Survey data. Estimates have been revised to incorporate population data from the 2000 Census.Colorado Department of Labor and Employment 2011

January 2011 December 2010 January 2010Not Seasonally Adjusted Labor Force