The recent BLS report showed that Colorado had a modest gain (3,700) in employment for July.  Increases were seen in Construction (3,800); Transportation, Warehousing, and Utilities (1,100); Wholesale Trade (1,000), and Government (800). For details, go to https://cber.co/economic-updates/. There is also a deep dive, from last month, that looks more closely at specific industries below the current report.

Nationally, uncertainty and speculation have made business owners hesitant to hire or spend money. Closer to home, the budget woes of the state and the City of Denver will cause problems in the months ahead.   The legislative special session begins on Thursday (August 21), and Mayor Johnston laid off 171 city workers this week.

The outlook is for continued growth in economic activity and the labor market, although the growth is lower than desired. On the bright side, a recession is not in the forecast. The state has faced challenging times in the past. This too shall pass.