Economic Recovery SnapshotWeek of June 29, 2020

Proactive Recovery

As we gradually return to work, the partnerships

we have forged over the last few years are more

important than ever.

In the face of pandemic and social unrest,

representatives from the Arapahoe/Douglas

Workforce Development Board,

Arapahoe/Douglas Works!, local and regional

economic development and chamber partners,

business and industry associations, educators and

other stakeholders are working together to ensure

a full economic recovery.

We cooperate so that our businesses can compete!

National Outlook

We have never really ‘shut down’ our economy

before, so it is difficult to predict the duration of

recovery.

National unemployment in May 2020 went down

1.4%. Though the Bureau of Labor Statistics

indicated both April and May rates may be

artificially low due primarily to a 12-15% decline

in the number of responses, the rate did decline

in May.

State & Metro Denver Outlook

Recovery Progression

The line graph shows two things:

1. New unemployment claims continue to go down.

2. Continued claims have gone down 2,805 between May 9 and June 6. This is now

a trend, and suggests people are beginning to return to work.

The waterfall chart on the right shows continued claims by week over week change.

Current Registrants at Arapahoe/Douglas Works!

Customer Base

These graphs show the Connecting Colorado registrants in greater metro Denver. These are people being

served by the workforce system in the region, including Arapahoe/Douglas Works!

Notes:

• There are presently 102,890 registrants in Connecting Colorado in greater metro Denver

• There is duplication because the system assigns up to four occupation codes, depending on skills

Reabsorption By Occupational Grouping

Here, negative numbers are good

because they show the percent

reduction in in the number of job

seekers from the prior week.

For example, the number of job

seekers in the personal care and

service occupation group has

gone down by 4.2% from the prior

week (from 4,706 the prior week

to 4,516 this week).

The numbers are especially

encouraging for food preparation

and serving occupations which

moved from 11,942 registered job

seekers last week down to 11,516

job seekers this week.

Current Supply/DemandThis graph shows the

number of registrants in

Connecting Colorado (blue

bars, same as the bar graph

on the last slide), and the

number of active unique job

postings by occupational

family during the last 30

days in greater metro

Denver.

By looking at the imbalances

– those areas where

demand exceeds supply, we

can stay informed about how

we can best target workforce

development funds to

optimize business-relevant

outcomes.

Continued Labor ShortagesThis graph is taken from the one on the last slide. It gives a stark view of the labor shortages being

experienced right now. It is difference between the point-in-time number of job seekers available through the

workforce system and unique active job postings in the last thirty days by occupation family. As a result of

discussions with several stakeholders, who felt the number of job listings over the past 30 days gives the

viewer a better perspective, the timeframe on listings was changed from the seven days reflected last week.

Computer Occupation Shortages

This bar graph shows the

same thing as the previous

slide, except that it drills down

into computer occupations,

which is the grouping with the

greatest labor shortage.

For example, we would read,

“In greater metro Denver,

there are 5,465 more job

postings for Software

Developers, Applications than

there are people to fill those

jobs.”

Education/Experience Requirements

Education Level Unique Postings % of Total

Unspecified 102,583 54%

High school or GED 29,575 16%

Associate's degree 9,309 5%

Bachelor's degree 54,556 29%

Master's degree 13,753 7%

Ph.D. or professional degree 3,834 2%

Minimum Experience Unique Postings % of Total

No experience listed 100,733 53%

0 - 1 Years 30,195 16%

2 - 3 Years 32,758 17%

4 - 6 Years 18,153 10%

7 - 9 Years 4,042 2%

10+ Years 3,057 2%

Education/Experience Breakdown

Source: EMSI Job Posting Analytics

38% of jobs listed require a Bachelor’s Degree or above. It is

interesting to note that over 78% of the computer sciences

postings are requiring a Bachelor’s or above.

Job Posting Details: Occupations

SOC OccupationUnique

Postings

Percent

Change

over Prior

30 Days

15-1132 Software Developers, Applications 6,052 7.8%

53-3032 Heavy and Tractor-Trailer Truck Drivers 4,659 15.5%

29-1141 Registered Nurses 4,456 1.8%

15-1199 Computer Occupations, All Other 3,582 7.2%

43-4051 Customer Service Representatives 3,152 11.3%

43-5081 Stock Clerks and Order Fillers 3,100 9.3%

41-2031 Retail Salespersons 3,093 3.7%

41-1011 First-Line Supervisors of Retail Sales Workers 2,865 10.7%

11-2021 Marketing Managers 2,645 4.5%

15-1142 Network and Computer Systems Administrators 2,418 3.5%

11-2022 Sales Managers 2,280 1.6%

13-2011 Accountants and Auditors 2,234 2.6%

43-1011 First-Line Supervisors of Office and Administrative Support Workers 2,127 4.3%

15-1151 Computer User Support Specialists 1,958 5.0%

49-9071 Maintenance and Repair Workers, General 1,822 10.1%

53-3033 Light Truck or Delivery Services Drivers 1,801 5.1%

11-1021 General and Operations Managers 1,648 11.1%

15-1121 Computer Systems Analysts 1,585 4.1%

53-7062 Laborers and Freight, Stock, and Material Movers, Hand 1,577 9.8%

13-1111 Management Analysts 1,478 3.5%Source: EMSI Job Posting Analytics

Top 20 Occupations Posted, Greater Metro Denver, Last 30 Days

Job Posting Details: Job Titles

And Top Skills

Job TitleUnique

Postings

Software Engineers 2,632

Truck Drivers 2,198

Customer Service Representatives 2,181

Registered Nurses 2,134

Retail Sales Associates 1,807

Sales Representatives 1,526

Commercial Driver's License (CDL) Drivers 1,506

Warehouse Workers 1,472

Delivery Drivers 1,447

Sales Managers 1,165

Project Managers 1,093

Administrative Assistants 1,038

Systems Engineers 992

Sales Managers 947

Product Managers 866

Maintenance Mechanics 843

Restaurant Managers 809

Restaurant Crew Team Members 762

Accountants 729

Customer Service Associates 720

Top 20 Job Titles Posted, Greater Metro Denver, Last 30 Days

Source: EMSI Job Posting Analytics

Skill or QualificationUnique

Postings

Communications 43,931

Management 34,354

Customer Service 27,808

Sales 26,761

Operations 23,132

Leadership 22,454

Detail Oriented 15,609

Problem Solving 14,281

Presentations 12,873

Valid Driver's License 12,044

Innovation 10,822

Microsoft Excel 10,368

Written Communication 10,178

Research 9,916

Microsoft Office 9,580

Interpersonal Communications 9,031

Coordinating 9,012

Troubleshooting (Problem Solving) 8,868

Accounting 7,977

Auditing 7,508

Top 20 Skills Posted, Greater Metro Denver, Last 30 Days

Source: EMSI Job Posting Analytics

By Industry & Company

Industry Sector (2-Digit)Unique

Postings

Administrative and Support and Waste Management

and Remediation Services20,504

Professional, Scientific, and Technical Services 16,880

Retail Trade 14,604

Health Care and Social Assistance 12,572

Information 9,345

Educational Services 8,750

Manufacturing 7,727

Accommodation and Food Services 6,854

Finance and Insurance 5,714

Transportation and Warehousing 4,609

Construction 4,236

Other Services (except Public Administration) 3,353

Real Estate and Rental and Leasing 3,216

Public Administration 2,761

Wholesale Trade 2,259

Utilities 1,012

Arts, Entertainment, and Recreation 711

Mining, Quarrying, and Oil and Gas Extraction 406

Agriculture, Forestry, Fishing and Hunting 309

Management of Companies and Enterprises 208

Unique Job Postings by Industry Sector, Last 30 Days

Source: EMSI Job Posting Analytics

Greater Metro Denver

Company

Unique

Active

Postings

Colorado School of Mines 4,966

Spectrum 1,595

Oracle Corporation 1,259

Robert Half International Inc. 1,230

Amazon.com, Inc. 1,127

Centurylink, Inc. 1,052

Lockheed Martin Corporation 935

Centura Health 847

The Home Depot 756

Aerotek, Inc. 707

Scl Health - Front Range, Inc. 696

Charter Communications, Inc. 692

Growing People and Companies 685

XCEL Energy Inc. 628

Kelly Services, Inc. 602

Dish Network L.L.C. 593

University of Colorado 573

Adams 12 Five Star Schools 524

Soliant Health, Inc 509

HCA Holdings, Inc. 487

Top 20 Companies Posting Jobs, Last 30 Days

Greater Metro Denver

Source: EMSI Job Posting Analytics