August 21, 2026

Colorado Labor Market Update – July 2026

Summary

Colorado experienced moderate employment growth over the last month. After adding 1,900 nonfarm jobs in June, the state added 5,800 in July. The private sector saw an increase of 6,500 jobs, while government employment declined by 700.

Key Findings

• Over the past year, Colorado remained near the middle of national rankings. The state ranks 24th among states in nonfarm employment growth over this time.
• Colorado’s total employment grew by 5,800 in July. Private-sector jobs grew by 6,500 jobs, while government jobs declined by 700.
• Despite employment growth, Colorado’s LFPR dropped for the sixth consecutive month. It fell by 0.1 percentage points in July for a total of 1.6 ppt over the last year.
• Despite July’s employment gains, Colorado’s unemployment rate remained unchanged at 3.9% for the seventh consecutive month. The state ranks 26th nationally.