An index measuring confidence among Colorado business leaders started slipping again after surging in the second quarter. hiring expectations have softened for the second half of the year, according to the index from the University of Colorado Boulder. Colorado business leaders started the spring with a brighter outlook but have shed some of that optimism, according to the.
The score for industry hiring was 48 and dropped to 45.8 for the fourth quarter, a sign that employment gains could slow as the year progresses. The only category to score lower was the outlook for the U.S. economy, which came in at 46.8 for the third quarter before rebounding to 48.1 in the fourth, when the elections will be decided..
Last week, the Colorado Department of Labor and Employment reported a gain of 9,800 nonfarm between April and May, easing concerns following an anemic gain of only 500 jobs between March and April. The state’s unemployment rate rose to 3.8% in May from 3.7% in April.Renck vs.