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HomeMy WebLinkAbout11. 11.15.2021 Eagle County DashboardFall, 2021 Eagle County Labor Market Data Update Source: CO LMI Gateway 5.55% Approximate percentage of Involuntary part-time Workers in Colorado 12.3% Total Unemployment Rate (U-6) in Colorado Source: CO LMI Gateway: Colorado Unemployment Insurance Statistics/LAUS Source: BLS QCEW QCEW measures total establishments and here shows net growth, but gives no indication whether and how many businesses may have closed Source: BLS QCEW Leisure and Hospitality has the most impact on total employment in Eagle County. Source: BLS QCEW Leisure and Hospitality has historically driven wages in Eagle County; however, wage pressure in other industries is primarily driving the wage-recovery Source: BLS QCEW Average Annual Wage for Leisure and Hospitality in 4Q 2020: $37,232 Source: CO LMI Gateway/EMSI Northwest Workforce Area Average Annual Wages Average Annual Wage Variance Cost of Living Factor Eagle $49,764 -$19,760 121.7 Garfield $51,844 -$17,680 114.2 Grand $39,364 -$30,160 112.5 Jackson $38,064 -$31,460 119.5 Lake $51,272 -$18,252 109.3 Moffat $50,024 -$19,500 107.2 Pitkin $56,212 -$13,312 149.1 Rio Blanco $51,948 -$17,576 109.2 Routt $49,400 -$20,124 122.7 Summit $44,356 -$25,168 120.1 Colorado $69,524 111.7 1st Quarter, 2021 Pre-Pandemic Talent Deficit Pandemic Talent Surplus Return to Talent Deficit Source:CO LMI Gateway Source:CO LMI Gateway, EMSI 2021.4 Eagle County Job Vacancy- Posted Wages Source: EMSI 2021.4 *Note: Construction and extraction jobs may a variance due to amount of jobs that are not posted online. This is likely not reflective of the worker shortage in this field Source: EMSI 2021.4 In-demand credentials in online job postings Source: EMSI 2021.4 Source: EMSI 2021.4 Jobseeker credentials in online profiles Source: EMSI 2021.4 Source: https://cdor.colorado.gov/data-and-reports/income-tax-data/tax-filer-demographics-and-migration-reports 2019 Tax Migration Data Source: US Census On The Map Eagle County commuter flow Mark Hoblitzell Mark.Hoblitzell@state.co.us 970-880-4092 Business Services Coordinator, Northwest Colorado Workforce Area