Civilian Labor Force in Colorado
COLF • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,282,945.00
Year-over-Year Change
0.42%
Date Range
1/1/1976 - 6/1/2025
Summary
The Civilian Labor Force in Colorado measures the total number of people aged 16 and older who are either employed or actively seeking work within the state. This metric is a key indicator of the overall health and activity of Colorado's labor market.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Civilian Labor Force in Colorado represents the total population that is actively engaged in the workforce, including both employed and unemployed individuals who are looking for jobs. This data is widely used by economists, policymakers, and businesses to analyze trends in the state's economy and labor market conditions.
Methodology
The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The Civilian Labor Force metric is essential for evaluating the strength of Colorado's economy and informing policies and investment decisions.
Key Facts
- Colorado's civilian labor force totaled 3.2 million in 2021.
- The labor force participation rate in Colorado was 68.5% in 2021.
- Colorado's unemployment rate was 5.4% as of December 2021.
FAQs
Q: What does the Civilian Labor Force in Colorado measure?
A: The Civilian Labor Force in Colorado represents the total number of people aged 16 and older who are either employed or actively seeking work within the state.
Q: Why is the Civilian Labor Force in Colorado relevant for users or analysts?
A: The Civilian Labor Force metric is a key indicator of the overall health and activity of Colorado's labor market, which is essential for evaluating the strength of the state's economy and informing policies and investment decisions.
Q: How is the Civilian Labor Force in Colorado data collected or calculated?
A: The data is collected through household surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is the Civilian Labor Force in Colorado trend used in economic policy?
A: The Civilian Labor Force metric is used by economists, policymakers, and businesses to analyze trends in the state's labor market conditions and inform decisions related to economic policy, workforce development, and investment.
Q: Are there any update delays or limitations for the Civilian Labor Force in Colorado data?
A: The Civilian Labor Force data for Colorado is released monthly by the U.S. Bureau of Labor Statistics, with a typical delay of around one month.
Related Trends
All Employees: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in Colorado
SMU08000004142400001
Professional and Technical Services Wages and Salaries in Colorado
COWPRO
Real Gross Domestic Product: Agriculture, Forestry, Fishing and Hunting (11) in Colorado
COAGRRQGSP
All Employees: Professional and Business Services in Colorado
COPBSV
Per Capita Personal Consumption Expenditures: Services: Household Consumption Expenditures for Services for Colorado
COPCEPCHCE
Average Weekly Hours of All Employees: Goods Producing in Colorado
SMU08000000600000002
Citation
U.S. Federal Reserve, Civilian Labor Force in Colorado (COLF), retrieved from FRED.