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The Center Square: Report finds Colorado job market continues to stabilize, median wages decline

Colorado’s job market was more stable during the third quarter after declining in the previous quarter, according to a new report.

The Colorado Chamber of Commerce and Aspen Technology Labs released research on Monday showing job vacancies increased slightly (1.1%) during the third quarter. The organizations reported an 8% decline during the second quarter, showing a loosening of the labor market.

Median wages for open positions continued to decline. After a decrease of 2.5% during the second quarter to a median wage of $58,490, the category fell another 1.3% during the third quarter to $57,491. However, the wage ranked 11th nationally.

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