Greeley, Weld continues to see positive employment numbers | MyWindsorNow.com

Greeley, Weld continues to see positive employment numbers

Luanne Kadlub
lkadlub@greeleytribune.com

An upward trend in job growth rate in the Greeley Metropolitan Statistical Area, which includes Weld County, continued to be the story in March, with employment at 157,196, up from 149,778 one year ago. The unemployment rate for both time periods was 2.7 percent.

Fort Collins MSA, which includes Fort Collins and Loveland, is seeing similar trends, with employment at 193,384, up from 186,050 one year ago. The unemployment rate there is 2.5 percent. Denver recorded the highest employment numbers at 394,227 in 2018, up from 380,821in 2017.

Colorado had a total of 2.7 million jobs on the payrolls in March, according to Ryan Gedney, senior economist with the Colorado Department of Labor and Employment, with a statewide unemployment rate at 3 percent.

Gedney said Colorado had the sixth fastest job rate growth for the month and ranks 10th in terms of having the lowest unemployment rate.

Statewide, the largest over the month private sector job gains were in trade, transportation and utilities. In the Greeley MSA, mining/construction and leisure/hospitality accounted for the greatest job growth.

Gedney also said there continues to be upward pressure in wages, with a 4 percent increase in March, raising the average hourly wage to $27.38. He expects the rate to continue to increase thanks in large part to what he called higher quality jobs in oil and gas and professional business and technical services. This growth, he added, is the strongest the state has seen since 2006-07.

By the numbers

Between March 2017 and March 2018, the number of Coloradans in the labor force increased 96,300, total employment increased 82,700, and the number of unemployed increased 13,600.