A new report from CU’s Leeds School of Business offers predictions about how different industries have, and will continue to, recover from pandemic job losses.
COLORADO, USA — Next year will likely see a return to pre-pandemic unemployment levels in most of Colorado’s industries, according to a new report from economists at the University of Colorado Boulder.
That recovery outlook was shared in the latest Colorado Business Economic Outlook (CBEO), from CU’s Leeds School of Business.
As of October, Colorado’s unemployment rate is about 5.4%. The report, which looked at 11 different business sectors, predicts another 73,900 jobs gained next year, representing about 2.7% job growth.
“We feel it’s going to be continued robust growth, but there are a wide array of uncertainties that are out there that could make this forecast either too low or too high,” Richard Wobbekind, Senior Economist at Leeds School of Business, said.
While the growth is significant, Wobbekind said it’s not equal across all industries.
“Certain industries have not only come back to the same employment levels, but…