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Energy Collapse Weighs Further on Colorado Hiring

We often refer to Colorado as one of the ‘Super States.’ That select group of high-performing states with strong job and wage growth, rapid in-migration of new residents, an educated workforce, abundant high-tech activity, and so on. You get the picture.

But it is the old fashioned commodity markets, particularly crude oil and natural gas, that are once again acting as a ball and chain to slow down hiring in The Centennial State. The oil and gas industry hit the wall at the end of 2014, and it continues to take some of the starch out of job growth in the state.

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Job Growth Comes to a Halt in Key Energy States

Layoffs in the oil and gas sector are now clearly weighing on overall employment in the top-tier energy-producing states. Our pic-of-the-week illustrates the sharp slowdown in job growth in the energy states relative to the non-energy states in just the past six months.  In sharp contrast to the strong labor market conditions enjoyed in most other states, 

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Pic-of-the-Week: 2 out of 3 New Jobs in Recovery Filled by Workers 55+ (10/27/2014)

Workers 55 and Over Comprise the Most Vibrant Sector of the U.S. Workforce. Been wondering who has filled the more than 8 million new jobs created since the job recovery began in January 2010? Well, as shown in our pic-of-the-week, two out of three have gone to workers 55 and over. Since the national job recovery began in January 2010, these workers have filled 5.2 million of the 8.15 million net new jobs added in the period.

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