This month’s Metro Denver EDC shows… The lowest unemployment rate for Metro Denver is now at 5.4%. One of the lowest rates record since March 2020. Almost 6.4 Million airline passengers passed through Denver International Airport in July, the highest level since August 2019. The S&P/Case-Schiller Home Price Index posted record-breaking gains for the fourth […]
Colorado Springs’ commercial building boom, which barreled through the COVID-19 pandemic with relatively few disruptions, shows no signs of a slowdown. Read full article here.
Residential construction is going gangbusters (who hasn’t noticed the escalating housing prices, or even rising lumber prices). But the industry has struggled to fill jobs for years. Even when the U.S. unemployment rate was 3.6% in July 2019, there were 350,000 openings in the construction sector, which was not much higher than a year later, when there were 325,000 openings even as […]
One local high school is giving students a new opportunity, not only to give back to their community, but to start a career before they even graduate. Read full article here.
“One of the benefits in the construction industry, right now, is it there is a shortage,” said Ware. “So, supply and demand dictate that all the trades are paying as much as possible to attract the talent.” Read full article here.
Residential construction, package delivery and warehousing jobs exceed pre-pandemic levels, and some companies can’t find enough workers. Read full article here.