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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.
- Spring '13
- The Lottery