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This is saying that Colorado has one of the most inefficient economies in the country. Colorado companies cannot find workers, much less qualified workers, said Gary Horvath, a Broomfield economist.
The reduction in the seasonally adjusted state unemployment rate to 3.0 percent was surprising in the sense that in came at the same time as a decline of 4,000 jobs, said Broomfield economist Gary Horvath.
A slight move up in the states unemployment rate isnt entirely a bad thing, given how tight labor markets wereearlier in the year and the continued pace of hiring, Broomfield economist Gary Horvath, said in a comment on the report.
"An unemployment rate of 3 percent may bode well for unemployed workers, particularly if their skills match the requirements for available positions," Gary Horvath, an independent economist based in Broomfield, wrote in an e-mail to The Denver Post. "While this is good news for them, Colorado's econ
Date: Mar 25, 2016
Category: Business
Source: Google
Colorado's unemployment rate falls but jobs tighten in November
There's not much room for the unemployment rate to move lower, said Gary Horvath, an economist based in Broomfield. At this point, it should start to cause wages to rise for some skilled positions, he said.
Date: Dec 18, 2015
Category: Business
Source: Google
Colorado unemployment falls again; hits lowest point since fall 2008
"At this point many economists are pointing to stronger growth in the second half of the year for the U.S., which should point to a good year for Colorado, particularly retail and tourism in Colorado," said Broomfield economist Gary Horvath.
Date: Aug 18, 2014
Category: Business
Source: Google
More Jobs Added In Colorado Despite Stagnant Unemployment
Broomfield economist Gary Horvath told The Denver Post that these positive developments in the private sector are a sign of things to come. He estimates another 70,000 jobs will be added throughout the rest of 2014.
the firearms industry's contribution to the state's $264 billion private-sector gross domestic product is small, it has a multiplier effect of two -- meaning it creates a job somewhere else for each person it employs -- that helped prop up Colorado's struggling manufacturing sector, said Gary Horvath