June 2017 Colorado Regional Economic Update

June 2017 Regional Economic Update

The June 2017 Regional Economic Update is now available on the EDD website here. This update is provided quarterly, and is based on the most recently released data from the Quarterly Census of Employment and Wages (QCEW), available through the Colorado Department of Labor and Employment (based on data released for the 4th quarter of 2016). Read full report here.

Here are some highlights:
Job Growth: +1.6%
Wages: -2.0%
Avg. Annual Salary: $43,035
Avg. Annual Salary in State of Colorado: $56,472
Job Growth in Key Industries: Construction +2.7%; Accommodations & Food Service -0.2%; Healthcare +2.9%
Professional/Technical/Scientific: +2.3%; Agriculture +14.9 %
Total Labor Force: 75,685 (+1.0%)Unemployment Rate:
Region: 1.7%
Colorado: 2.3%
U.S.: 4.4%
Real Estate Transactions: +16.6%
New Unit Sales: +47.4%