Job Growth Predicted For Colorado, Despite Fewer New Businesses

Colorado can expect to keep adding jobs, according to economists at the University of Colorado. They looked at the latest business creation filings from the Secretary of State’s office, and predict Colorado companies will keep hiring into the new year.

That’s despite a drop in new business filings compared to last year. Job growth is cooling in the state, but that’s after Colorado did better than the rest of the country since before the last recession.

"Leading into the recession, we were outpacing national growth. We were late to enter the recession. We recovered faster than the nation did and have actually experienced a better recovery than the nation has," said CU’s Brian Lewandowski.

Just over 25,000 new businesses registered with the state in the third quarter of this year.