SERVICES

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(70 - 89)

Employment change from last quarter	+ 1.4
Employment change from year ago	+ 4.7
Wage change from year ago	+11.1

QUARTERLY

Employment in the Services industry rose 1.4% over last quarter adding 8451 employees. Increases in Business Services (73) of 8322 employees significantly buoyed numbers in this industry. Growth came from increased hiring in temporary help agencies, up over 4000, and hiring for computer and programming services adding another 2600. Security and guard services added almost 600. The second largest sector increase occurred in Engineering Services (87) up 1321 employees. More than half of the increase occurred in new projects in Engineering, Architectural & Surveying Services. Some temporary projects in Research, Development & Testing Services and Management Services generated the remainder of the gain. Employment in Amusement & Recreation (79) fell by 3493. Losses resulted from end of the season cutbacks in the ski areas. Personal Services (72), which includes tax preparation fell by 817 as employees were let go in April at the end of the tax season. Hotels & Lodging (70) dropped by 192 employees. Losses of about 1100 following the end of the ski season were offset by seasonal gains of more than 900 in Camps & Recreational Vehicle Parks.

ANNUAL

Annually, the Services industry provided the greatest impetus to Colorado’s economy adding 27,652 workers for a gain of 4.7%. Business Services (73) was the driving force in industry employment gains adding 12,712. Within Business Services high demand for outsourced ADP functions generated the hiring of 11,569. Temporary help supply services, which used to dominate the sector, reported a gain of 2739 employees. The second largest gain occurred in Engineering Services (87) up 5131 employees. Management consulting services added 2022 with some increases from more contracts for facility support and increased demand in furnishing operating counsel. Hotels & Lodging (70) experienced the next largest employment increase up 2080. Ski counties reported strong employment increases, up 1239, as many ski areas are heavily marketing their resort for summer activities. An increase of 660 occurred in the Denver Metro area with new hotels opening around Denver International Airport and along the south I25 corridor. Private Households (88) was the only sector to decline over the year falling by 77 employees.

Colorado Employment and Wages (ES202) Second Quarter 1999