Denver tourism employment is growing and hiring is booming, but the reality for most Colorado residents remains dire.
In Colorado, the unemployment rate for young adults ages 25 to 34 stands at 13.4 percent.
The rate for Colorado’s young adults has been steadily increasing for more than a decade, from 6.3 percent in 2012 to 11.1 percent in 2016.
This is because of a lack of job opportunities for those who left the state for the greener pastures of the South.
The Colorado Department of Workforce Development reports that there were a total of 1,943,959 people employed by Denver-based companies in 2018.
That’s an increase of 2.4% from the previous year, when there were 1,898,811 people employed in Denver.
The number of people who have jobs is expected to grow as people continue to seek employment in the Denver metropolitan area, the Denver Post reported.
Many people have also begun to look for jobs as tourists, which is why the Denver metro area ranks among the top 10 job markets in the country, according to a report by the International Association of Travel Agents.
For many people, their first job was working in the restaurant industry, according the Association of American Travel Agents, which ranks Denver as the third most tourist-friendly metro area.
The report states that the region’s hospitality sector has seen a surge in job openings and turnover in recent years.
The job market has also taken a dive for young people.
The unemployment rate among 25-to-34-year-olds is 16.4%, according to the U.S. Bureau of Labor Statistics.
For people age 35 to 54, the rate is 16%.
That is a decrease of 1.6 percentage points from 2016.
In addition, young people are increasingly looking for jobs in the retail and restaurant industries.
According to the Association for Denver Tourism, the number of young people working in Denver hotels and restaurants increased from 5,936 in 2020 to 6,742 in 2018, while the number working in hotel-related occupations rose by almost 3,000.
The growth was driven by the city’s growing popularity among tourists and the need for new workers.
A number of factors are pushing young people to move from Denver to other cities.
The influx of millennials is also driving job growth in the tourism industry.
Many young people, particularly young men, are leaving Denver in search of opportunities, including higher pay and more options for living.
However, the state continues to see a growing number of job vacancies, according Denver Tourism.
This year, the department said that the number in the state was 6.5 million, an increase from 5.7 million in 2016, and the most since 2009.