Denver metro’s healthy employment additions have recovered nearly 140% of the jobs lost since the market bottomed out in early 2010. In the meantime, the nation has recovered only 87%. Non-farm employment in the Denver-Aurora-Broomfield Metro Statistical Area increased 2.6% year-over-year ending in the first quarter, with local employers expanding payrolls by 33,350 positions over the past twelve months.
The office-using sector, namely financial activities, professional and business services, and information sectors, added nearly 8,200 new positions over the last four quarters. The thriving natural resource sector, specifically the oil & gas sector, advanced 5.1% year-over-year with the addition of 560 new jobs. Energy firms continue to expand in the region. These companies occupy roughly 10.0% of total space in the metro and close to 30.0% of space in the Central Business District.
Source : Cushman & Wakefield