July 14, 2024

Rocky Daily News

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Colorado job growth rose in April after a down March

1 min read


Don’t expect those help-wanted signs to go into storage just yet. After shedding jobs in March, Colorado employers started adding them back again at a brisk pace in April, according to a monthly update from the Colorado Department of Labor and Employment released on Friday.

For most of last year and this year, hiring in the state has followed a yo-yo pattern, with alternating strong and soft months. March gave a strong head fake to the downside with initial estimates of 4,700 nonfarm jobs lost. But those losses were revised to a more modest drop of 1,700 jobs after more employers reported.

And April hiring showed renewed strength, with 7,200 jobs added, the strongest monthly jump n a year.

“We do see this sawtooth effect in the establishment survey,” said Ryan Gedney, the…

Aldo Svaldi

2023-05-19 11:32:48

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