Areas of optimism are those that have seen growth in

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Unformatted text preview: es to grow and change along with the state, national, and global economies. Since the county was late to enter the recession, it is still regaining ground lost over the past years. Areas of optimism are those that have seen growth in 2011, including the average wage, some areas of GDP, and the energy industry. northern Colorado L Northern Colorado’s economic recovery is underway. Not well underway, mind you, but underway. Through Q3 2011, Larimer and Weld counties added more than 3,000 jobs from the previous year. This 1.4% growth was half a percentage point higher than the state’s rate over the same time period. Despite the improvement, the region’s economy is still well below where it was three years ago. Larimer County has 1,400 fewer jobs than during the same period in 2008, and Weld County is down nearly 4,800 jobs. Clearly, the region still needs substantial job creation to bring unemployment rates back to pre-recessionary levels. Recent growth in Larimer County has occurred primarily in Professional and Business Service...
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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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