It’s no secret that some states offer better employment opportunities than others. They have stronger economies, a more diverse array of industries, great rates of growth, and other key factors. All of which makes it easier to get the job of your dreams. In contrast, other states can feel startlingly challenging for jobseekers, with high rates of unemployment and a lack of job variety.
But where does Colorado fit into all this? Well, if you were to ask local resume & LinkedIn experts in Denver CO & business owners about the situation, they’d generally have a lot of good things to say. The Centennial State ranks highly overall in terms of employment opportunities, appealing both to young graduates and more seasoned workers seeking new roles.
The Job Market in Colorado
Colorado’s job market is in a strong position, with the state ranking fourth for both economy and employment. The unemployment rate sits at around 3.7% which is below the national average, and Colorado also sits in the top 10 states when it comes to the average annual rage and the average hourly rate that workers are paid.
In simple terms, this all points towards the Centennial State being one of the best places to work. There are few people out of work compared to other states, and those in work tend to earn well. There’s also a lot of variety in terms of the jobs and industries available throughout the state, ranging from jobs in energy and agriculture to outdoor recreation, IT, and more.
In terms of the key locations in which to seek work in Colorado, the state capital, Denver, is obviously the best place to be. It’s by far the state’s largest city, with a lot of businesses of all shapes and sizes – all of Colorado’s 10 Fortune 500 firms are based either within the city or the surrounding metropolitan area. Other major cities, like Colorado Springs and Aurora, are also good places to seek work.
Benefits of Looking for Employment in Colorado
Now, let’s dig deeper and look at some of the key aspects of Colorado that set it apart as a prime location for employment opportunity.
A Strong State Economy
Colorado has a healthy and growing economy, which is the 15th largest in the nation. Granted, it’s not as large as the likes of California or Texas’ economy, but it’s still in a strong position, with recent stats revealing that Colorado’s economy is one of the fastest-growing nationwide. This makes it a super place to seek work or even start a brand-new business.
Diverse Industries and Opportunities
Some states are dominated by one or two major industries – like dairy in Wisconsin or automobile manufacture in Michigan. But that’s not the case in Colorado. The Centennial State has a wonderfully diverse economy, with no less than 14 key industries ranging from bioscience and energy to engineering, tech, tourism, and aerospace.
In other words, there are a lot of different kinds of work here. It doesn’t matter what you’re most passionate about or qualified in – you should be able to find a role that suits you just right somewhere in Colorado.
Plenty of Innovative Startups
Colorado is also a hive of innovation, with lots of fresh ideas and enterprising entrepreneurs setting up their startups here. Denver, in particular, ranks as one of the top cities in the nation for startup activity. With every passing month, more new businesses launch in the city, bringing everything from game-changing AI technology and sustainability schemes to delicious snacks and drinks.
For that reason, those looking to work in exciting, emerging fields can find plenty of opportunities in Colorado, or even set up their own companies.
A History of Successful Companies
Crocs, Coors, Chipotle, OtterBox, Jolly Rancher, and Celestial Seasonings. What do they all have in common, aside from being successful and well-known businesses? They all started in Colorado. There are many other big, famous companies that began here, too, and Colorado has a strong history of helping small businesses grow into major brands.
Whether you want to set up your own business or be a part of an existing company’s success story, Colorado is a great place to do it.
A Highly-Skilled Workforce
In order to build a successful and strong economy that keeps growing, you need a lot of talented workers.
Fortunately, Colorado has a large concentration of talent, with a highly skilled workforce in fields like science, technology, energy, and other industries.
This helps to drive the state’s economy to ever greater heights, while also encouraging more and more businesses to base themselves in cities like Denver and Colorado Springs. Thanks to this, Colorado’s strong economic situation should continue for years to come, making this one of the most secure and stable places to look for long-term work and build your career.
Lots of Help for Job Seekers
Colorado also sets itself apart from other states by offering a super selection of helpful programs and initiatives designed to help people into work.
There’s Colorado Employment First, for example, which provides training, work experience opportunities, and job-search support services for those in need. ReHire Colorado, meanwhile, is a program that helps to get people back into work. Then, there are Denver Colorado's best professional resume companies and other cities helping jobseekers get more interviews and opportunities.
Even if you’re in a slightly difficult situation or have struggled to find work in the past, you can get the help you need in Colorado. This should result in a faster and easier path into a job you can feel satisfied with.
Colorado – A Top State for Job Seekers
It’s clear to see that Colorado is a leading destination for those seeking stable, satisfying, and well-paid jobs. It’s got all you need for employment success, including a strong economy, low unemployment, and plenty of varied opportunities to suit people of all skills and backgrounds. No matter what kind of work you’re looking for, this is a fantastic place to find it.
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