Colorado PYs 2016-2017 Published

Located in:

a. 1. Discuss Long-term Projections for Jobs in Industries and Occupations in the State That May Provide Employment Opportunities for Older Workers. (20 Cfr 641.302(d))(may Alternatively Be Discussed in the Economic Analysis Section of Strategic Plan.)

Current Narrative:

As members of the Baby Boom generation continue to retire and leave the workforce there will be fewer people able to fill the current job openings in Colorado. This will create opportunities for older workers in the workforce. Specifically, businesses are recognizing the value of older workers and the cost savings that can be attributed to employing people with many years of work experience.

Colorado’s diverse economic base and recent employment turnaround indicate positive prospects for a variety of industry sectors that require the expertise and experience that older workers can provide. Throughout the country, demand for education and healthcare services workers will continue to grow. Teachers and healthcare workers of all levels are needed to meet this demand. Specifically, Colorado’s scenic attractions, numerous gaming facilities, and Denver’s status as a destination location will increase employment in the tourism, hospitality, and transportation industries. Additionally, professional, scientific, and technical services employment will continue to increase in both the short and long term. Opportunities for computer software engineers, accountants and auditors, and executive and administrative support positions for these occupations are increasing as well. Highly skilled construction workers such as carpenters, electricians, plumbers, and construction managers are needed to meet the continuing demand for building activity, particularly as a result of recent wildfires and floods in the state.