EconomyEmploymentHot SheetJobs

Problems in Colo.? Apparently the economy isn’t one of them

Author: Mark Harden - June 6, 2018 - Updated: June 8, 2018

(iStock / Getty Images)

Here at Colorado Politics World Headquarters, we’ve been listening for months to candidates drone on with a depressing litany of problems they’ll solve that their predecessor didn’t — things like transportation, education funding and how to deal with oil and gas development.

But evidently, the state’s economy is one thing any newly elected governor or lawmaker won’t have to worry much about.

So says financial website WalletHub, which this week lobbed Colorado into the upper reaches of two economic rankings of the states.

In a WalletHub report of the year’s “best and worst state economies,” Colorado comes in at No. 5, behind only Washington, Utah, Massachusetts and California.

The ranking is based on 28 indicators of economic performance and strength, including unemployment rate (Colorado ranks first — as in lowest — among the states), GDP growth (2nd), startup activity (4th), annual median household income (5th), change in nonfarm payroll jobs (6th) and percentage of jobs in high-tech industries (7th).

And WalletHub absolutely loves Colorado as a haven for job seekers.

Its separate report on the best and worst states for jobs ranks us in second place, right behind Washington.

In addition to low unemployment, Colorado comes in second-best for job opportunities in that report.

Mark Harden

Mark Harden

Mark Harden is managing editor of Colorado Politics. He previously was news director at the Denver Business Journal; city editor, online news editor, state editor, national editor and popular music critic at The Denver Post; and an editor and reporter at newspapers in the Seattle area and San Francisco.