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Unformatted text preview: 507 jobs
and 2,216 jobs in 2009 and 2008, respectively. Five
120 sectors saw job gains in 2010: Healthcare (839),
Education Services (391), Retail (297), Government (292), and Administration and Waste Services (263). Job losses were more common than
job gains. Twelve of the 21 NAICS sectors reported
job losses. Sectors that shed jobs in 2010 are:
Construction (-1,514 jobs), Manufacturing (-863
jobs), Professional and Technical Services (-659
jobs), and Wholesale (-499 jobs). The remaining 8
sectors had smaller losses.
Echoing the very weak job market is an unemployment rate that has averaged 9.4% since January
2009. The seasonally adjusted unemployment
rate hit 10% in November 2010. Since then, it has
declined, to 9.5%. However, this is misleading. If
discouraged workers are included, the unemployment rate in El Paso County would be close to
15.5%. If not for the build-up of the military, especially at Fort Carson, an additional 10,000 people
could very well be unemployed. Wages and Income
Well-paid Manufacturing and Information Technology jobs continue to be r...
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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