The Mining industry continued to decline losing 905 employees since last quarter dropping 6.2%. All sectors lost employment. Losses were heaviest in Oil & Gas Extraction (13) down 417. SIC changes to Electric, Gas, & Sanitation Services (49) accounted for about half of the loss of 145 in Crude Petroleum & Natural Gas (1311). Oil & Gas Field Services (138) dropped 244 as a result of decreased activity. Coal Mining (12) lost 286 employees due to the closure of a large mine plus cutbacks at a couple of smaller mines. Mining & Quarry Nonmetal (14) dropped 162 employees. Losses were associated with a seasonal slowing in Sand & Gravel (144) and Crushed & Broken Stone (142). Metal Mining (10) dropped 41 employees. Cutbacks in Copper Ores (102) and Metal Mining Services (108) offset temporary gains in Ferroalloy Ores (106).
ANNUAL
Mining dropped 9.1% from a year ago losing 1231 employees. Sector activity was mixed. Oil & Gas (13) and Coal Mining (12) lost employment while Metal Mining (10) and Mining & Quarry Nonmetal (14) gained. Losses in Oil & Gas, down 1208 employees, occurred over the year as a result of decreased drilling and support activity. Coal Mining dropped 358. The closure of a large mine and cutbacks at several smaller mines affected the sector loss. Metal Mining gained 149 employees. Growth occurred in Gold Ores (104) and Ferroalloy Ores Except Vanadium (106) as, respectively, corporate offices expanded and mining increased. Mining & Quarry Nonmetal (14) added 46 employees. Increases were relegated to Sand & Gravel (144) in non-metro areas of the state.
1995 SIC CHANGES
As a result of reclassification Mining lost approximately 75 employees and a quarterly payroll of $1,052,971.
Colorado Employment and Wages (ES202) First Quarter 1996
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