Overall unemployment rate moved down to 3.3% with the biggest shift in Education & Healthcare, which gained 100 roles, based on the most recently available information published in June 2022.
Total employment in the Grand Junction, CO market declined by 3 jobs in April and the unemployment rate decreased compared to the prior month by 60 bps to 3.3%. The national unemployment rate decreased by 42 bps over the same time to 3.3%.
- Grand Junction, CO unemployment rate is 4 bps below the national rate which is a positive sign.
- Unemployment in the market is 300 bps below the unemployment rate in the market last year at this time, which is a positive.
- Average wages (per hour) grew in April versus prior month by 13.6% and are down compared to last year at this time in the market.
For key employment segments of the market, total jobs grew by 0.4% . Key sectors include:
- Transportation & Utilities: 13,900; no change
- Education & Healthcare: 12,300; +100
- Government: 11,200; -100
- Restaurants & Hotels: 8,400; +100
- Construction, Mining: 6,400; +100
- Business Services: 5,300; no change
- Financial Services: 3,200; +100
- Manufacturing: 3,200; no change
- Other Jobs: 2,900; no change
- IT & Development: 500; no change
Data is based on the most recent 12 months available, through April 2022 (Data published June 2022 and reports created on June 1, 2022). Source: Government data agency and locally acquired statistics.
Note: All reported data is not seasonally adjusted.