Colorado Springs and El Paso County Relocation ... - Keep Trees

Employment
The Colorado Springs economy is
thriving and has experienced steady,
moderate growth of about 9 percent
overall from 2000 through 2006, and
state economic forecasters expect the
trend to continue. According to the
Colorado Springs Economic Development
Corporation, the key economic sectors
driving the economy are aerospace/
defense, customer service, manufacturing,
software/systems, sports and visitors.
The U.S. Bureau of Labor Statistics
reported a civilian labor force of 311,700
in February 2007, with total employment
at 297,800 persons (256,800 total
nonfarm wage and salary jobs). The
unemployment rate is low at 4.4 percent.
Today’s job market
The Colorado Department of Labor & Employment
projected 3 percent growth for the Colorado Springs metropolitan
area from 2005 to 2007, with an absolute gain of 7,435 jobs.
Job seekers in most industries have good prospects for fi nding
employment. Colorado Springs employers provide a diversifi ed
spectrum of employment opportunities with a wide range of
benefi ts and workplace amenities. There are more than 17,200
businesses in Colorado Springs and El Paso County. In January
2007, there were 21 Fortune 500 fi rms located in the area. In
addition, several national associations and organizations are
headquartered in Colorado Springs.
and Economic
Development
16 Colorado Springs Relocation GUIDE 2007