All Employees: Total Nonfarm in Colorado
CONA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,984.60
Year-over-Year Change
0.36%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Total Nonfarm in Colorado' series measures the total number of nonfarm employees in the state of Colorado. This metric is a key indicator of economic activity and labor market health in the state.
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
This nonfarm employment series provides a comprehensive count of payroll jobs across Colorado, excluding agricultural workers, self-employed individuals, and unpaid family workers. It is a closely watched statistic used by economists, policymakers, and market analysts to assess the overall strength of the state's economy.
Methodology
The data is collected through surveys of businesses and establishments across Colorado.
Historical Context
Nonfarm employment is a leading indicator used to inform economic and monetary policy decisions.
Key Facts
- Colorado's nonfarm employment has grown by over 20% since 2010.
- The largest employment sectors in Colorado are trade, transportation, utilities, and professional/business services.
- Nonfarm payrolls in Colorado reached a record high in 2022.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Total Nonfarm in Colorado' series measures the total number of nonfarm payroll jobs in the state of Colorado, excluding agricultural workers, self-employed individuals, and unpaid family workers.
Q: Why is this trend relevant for users or analysts?
A: This nonfarm employment metric is a key indicator of Colorado's overall economic health and labor market strength, providing insights that are crucial for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments across Colorado.
Q: How is this trend used in economic policy?
A: Nonfarm employment is a leading indicator used by the Federal Reserve and other policymakers to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The nonfarm employment data for Colorado is published monthly with a typical release lag of 1-2 weeks.
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Citation
U.S. Federal Reserve, All Employees: Total Nonfarm in Colorado (CONA), retrieved from FRED.