1 increase in government employment to 392600 workers

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Unformatted text preview: s the economy slowly improves, contributing to an overall 0.1% increase in government employment, to 392,600 workers, in 2012. State employment is propelled by healthy growth in income and sales taxes. The Colorado economy is slowly recovering but revenue collections might not be enough to completely replace federal Federal Government Colorado has experienced modest gains and losses over the last decade in the federal government sector, mirroring nationwide trends. From 2000 to 2010, federal government employment increased at an average annual rate of 0.2%, with stronger growth in the latter half of the decade. Between 2005 and 2010, Colorado’s federal government employment increased at an average annual rate of 1.3% as a result of temporary U.S. census hiring in 2010. Despite this boost to employment, total federal government employment in Colorado is forecast to decline 3% in 2011, primarily because the employment base was inflated by peak hiring of temporary census workers. Increasing budgetary pressures at the national...
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This note was uploaded on 02/11/2013 for the course MGMT 231 taught by Professor Yu during the Spring '13 term at Bauder.

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