2012beof-111206092256-phpapp02

Employment the grand junction area labor force is

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Unformatted text preview: fields. Sales tax revenues continue to grow as new stores, such as American Furniture Warehouse, and returning stores, like Joann’s Fabrics, are slated to open in late 2011. Employment The Grand Junction area labor force is still declining, from 86,122 in April 2009 to 77,432 in 2011, a loss of 10%. Mesa County continued to see a drop in the unemployment rate over the course of 2011. The highest level of unemployment, 11.9%, was in January 2011. The county’s unemployment rate is still higher than the state’s. Wages While average wages fell 1.2% from 2009 to 2010 in Mesa County, average wages rose 3.4% yearover-year in Q1 2011, which is positive news for the community. This is the third-consecutive yearover-year increase in the county. continued on page 116 115 2012 Colorado Business Economic Outlook Around the State continued from page 115 GDP The real GDP numbers released by the Bureau of Economic Analysis for 2010 show a decrease for Mesa County of 3.3% year-over-year and 9.3% from 2008. Mining was one of the few...
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