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Tag: Bureau Of Labor Statistics

Denver Inflation Climbs To 5% As Fuel Prices Drive Costs Higher
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The Denver Gazette, Approved, Local

Denver Inflation Climbs To 5% As Fuel Prices Drive Costs Higher

By Bernadette Berdychowski | The Denver Gazette The Denver-Aurora-Lakewood metro area recorded a 5% rise in prices in the last year, according to federal data released Wednesday for the month of May from the Bureau of Labor Statistics, the highest level seen since 2023.Denver is trending higher than the national annual average of 4.2%.Denver’s inflation was the second-highest among 12 metropolitan regions in the nation after Urban Hawaii in May, according to the BLS. The federal agency tracks inflation across 23 cities. Data from the three biggest cities — New York, Los Angeles and Chicago — are released monthly. Meanwhile, the federal agency releases data from the rest of the cities like Denver every other month. A surge in prices following the pandemic pushed inflation t...
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Is the Colorado Economy More of a Train Wreck than it Currently Appears?
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Rocky Mountain Voice, Commentary, State, Top Stories

Is the Colorado Economy More of a Train Wreck than it Currently Appears?

By Mike O’Donnell | Guest Commentary, Rocky Mountain Voice Given all the sad news last week, a September 9 press release from the U.S. Bureau of Labor Statistics (BLS) announcing a major downward revision in job numbers for March 2024 to March 2025 was understandably overlooked. The serious implications the announcement had for the national and especially the Colorado economies still, nonetheless, remain today. Revisions to BLS jobs numbers are normal and happen annually because the monthly estimates of how many new jobs are being created or lost in the economy come from surveys of around 121,000 businesses representing about 631,000 individual worksites. Because companies come and go, the BLS combines their survey data with estimates of how many net new jobs are being created at ...
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O’Donnell: Colorado isn’t creating jobs—it’s creating unemployment
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Rocky Mountain Voice, Approved, Commentary, State, Top Stories

O’Donnell: Colorado isn’t creating jobs—it’s creating unemployment

By Mike O’Donnell | Guest Commentary, Rocky Mountain Voice  January 2023 was a changeover month of sorts in the United States because it marked a division between the taxpayer subsidized COVID economy and the less subsidized post-COVID economy. According to the latest U.S. Bureau of Labor Statistics (BLS) data, the United States added 3,149,000 jobs between January 2023 and June 2025, a 2.0 percent increase for the nation as a whole.  Employment growth so far this century has averaged just under one percent a year, so the 2.0 percent figure is roughly on track (although preliminary July BLS data are less positive and subject to revision). At the same time, unemployment increased by 1,268,000, a 22.1 percent rise. This is a less positive aspect of the economy that few seem ...
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O’Donnell: Behind the headlines, Colorado’s job growth tells a different story
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Approved, Commentary, Rocky Mountain Voice, State, Top Stories

O’Donnell: Behind the headlines, Colorado’s job growth tells a different story

By Mike O’Donnell | Guest Commentary, Rocky Mountain Voice Last week, the U.S. Bureau of Labor Statistics (BLS) released April 2025 job creation numbers by state. The national numbers were released earlier in the month and for the nation as a whole 177,000 new jobs were created in April, and this was considered a “solid” number by those who consider themselves experts. Colorado’s share of that total was 8,400 and those same experts consider that an “exceptionally solid” month for Colorado. Somewhere, champagne corks were likely popped. Nonetheless, behind every number is a story and that story for Colorado is quite revealing.  Yes, Colorado added 8,400 new jobs in April – but 5,500 (65%) were in bars and restaurants, and 4,500 (54%) in health care and social assistance. ...
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