Employers are feeling much better about finding employees since 2022, the era of rampant labor shortages. According to a Colorado Chamber of Commerce survey of 169 employers, only 29% plan to increase their workforce this year, compared with 58% in 2022.
That may not be great news for workers hoping to easily switch gigs. The same trend appears in November’s Job Openings and Labor Turnover Summary. Colorado was called out for having the nation’s largest decline in job openings, reducing available jobs per unemployed worker to 1.1. That compares with a ratio of less than one job for every two workers at the start of the COVID-19 pandemic and nearly three per person during the 2022 labor shortage heyday.
Read more here.