Episode Details

Denver's job market reflects a cooling national trend amid economic caution, with job openings declining and a stable but sluggish employment landscape. According to the U.S. Bureau of Labor Statistics JOLTS data, Colorado job openings fell to around 7,500 by February 2025 from peaks over 11,000 in 2021-2022, signaling reduced demand. The state's unemployment rate aligns with the national figure of 4.4 percent as reported by the Labor Department in March 2026, up slightly due to 92,000 job cuts nationwide in February and downward payroll revisions. Major industries include aerospace, technology, energy, tourism, and a robust outdoor sector contributing nearly 18 billion dollars per Denver Gazette, with top employers like Lockheed Martin, Ball Corporation, and healthcare giants such as UCHealth. Growing sectors feature women-owned businesses, where Denver ranks second among large metros per Coworking Cafe's March 2026 report, boasting 25.5 percent women-owned firms and the highest female workforce participation at 66.9 percent. Recent developments highlight a silent recession in Colorado as noted by CPR News, with low hires and separations in a low-hire low-fire state per Washington Today. Seasonal patterns show tourism peaks in summer driving hospitality jobs, while commuting trends favor remote work hybrids, reducing downtown traffic. Government initiatives through the Colorado Women's Chamber of Commerce and SBA centers bolster entrepreneurship support. The market has evolved from post-pandemic highs to moderated growth, with banking, real estate lending, and tech lists expanding per Denver Business Journal. Data gaps exist for 2026 state-specific openings, awaiting BLS July release. Key findings indicate resilience in diverse sectors despite national softening, with over 78,000 jobs listed on Indeed including warehouse associates, stockers, and a northern Denver mobile engineer role at CBRE paying 68,000 to 102,000 dollars annually with full benefits. Current openings feature warehouse worker at major logistics firms, software developer in tech hubs, and commercial real estate positions amid multifamily lending growth.

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