My Recruiting Blog

The industry that represents education and medical jobs in Denver fared the best out of any industry last month.

During July, Colorado's unemployment rate remained at 8 percent for the fourth consecutive month, which is lower than the national average of 9.5 percent. Although the latest rate for Denver has not yet been released, the city had an unemployment rate of 8.4 percent during June.

The Denver-Aurora-Broomfield area had a total non-farm employment of 1,188,700 workers during July. According to the U.S. Bureau of Labor Statistics, this is down from 1,192,800 workers during June and a .9 percent decrease from last year.

The education and health services industry fared the best on a monthly and yearly basis during July. The industry added 2,000 jobs between June and July and increased by 3.6 percent over the year to 142,300 workers.

Four other industries saw a monthly increase in employment, including: professional and business services by 1,100 jobs; mining, logging and construction by 900 jobs; trade, transportation and utilities by 800 jobs; and leisure and hospitality by 500 jobs.

Three other industries added jobs over the year. The leisure and hospitality industry increased by .7 percent to 133,100 jobs, while the other services industry grew by .4 percent to 48,200 workers, and the government industry increased by .2 percent to 169,300 jobs.

When it comes to monthly job losses, the government industry was by far hit the worst, losing 8,800 workers between June and July. The manufacturing industry lost 300 jobs, while the information, financial activities, and other services industries lost 100 jobs each.

The mining, logging and construction industry was affected the most negatively over the year during July, losing 7.2 percent of its workforce, for a total of 72,600 jobs.

Other industries that experienced a yearly decrease in employment include: manufacturing by 5.9 percent; information by 3.5 percent; trade, transportation and utilities by 1.5 percent; financial activities by 1.5 percent; and professional and business services by .6 percent.

Labels: Medical jobs in Denver