The state continues to have a tight labor market despite the growth in jobs, economists say.
DENVER — Employment in Colorado topped 3 million jobs for the first time in the third quarter — a milestone reached even as employers in the state struggle to find enough workers.
Continued job growth across Colorado this year has added an average of 5,400 jobs per month, according to a report released Monday by economists with the University of Colorado’s Leeds School of Business.
At the same time, the state continues to face a tight labor market that could get even tighter if migration trends continue.
A record 67.9% labor force participation rate places Colorado well ahead of most other states in the country, said Richard Wobbekind, a senior economist at CU’s Leeds. Yet the state continues to have more job openings than unemployed people to fill them.
“This is not trivial,” Wobbekind …
![Why has China set up a new department for the low-altitude economy? [Video]](https://smallbizsage.com/wp-content/uploads/2025/01/mp_346625_0_wu1igq5ipjnkv0gvj1cq16og14ffa1920jpg.jpg)
![2025 Job Market Predictions: Job Search Struggles, Raises, Remote Work [Video]](https://smallbizsage.com/wp-content/uploads/2025/01/mp_346631_0_6772cfa76e18b095615a7e01.jpg)
![Indonesia launches free meals program to feed children and pregnant women to fight malnutrition Boston 25 News [Video]](https://smallbizsage.com/wp-content/uploads/2025/01/mp_346798_0_https3A2F2Fcloudfrontuseast1imagesarcpublishingcom2Fcmg2F6TNZ7WBHOCSP3MXM2QLLIVSKQQjpg.jpg)
![Europe’s economy faces the danger of ongoing decline, economists say [Video]](https://smallbizsage.com/wp-content/uploads/2025/01/mp_346005_0_107252163168608116720230606t193250z1521093423rc2td1ag4q6urtrmadp0germanyfrancejpeg.jpg)