Manufacturing reported an employment increase of 1.8% over second quarter resulting in the addition of 3653 workers. An increase of this size has not happened since third quarter 1994 and was caused by some large expansions and relatively few layoffs or closures. Electrical Machinery (36) and Non-Electrical Machinery (35) reported the largest increases, up 664 and 576 employees, respectively. Within Electrical Machinery gains were concentrated in the manu-facture of semiconductors and related devices. Increased production of computer and office equipment generated most of the activity in Non-Electrical Machinery. Food Products (20) grew by 543 employees. Expansions in the manufacturing of Mexican food products and seasonal sugar beet processing generated the largest gains in the category. Only three sectors lost employment over the quarter; Primary Metals (33) down 80, Textiles (22) down 33 and Leather (31) down 7. Losses in Primary Metals resulted from a slight over-reporting in second quarter and minor layoffs this quarter. Textile losses were related to declining production demands and Leather losses due to attrition.
ANNUAL
Annually, Manufacturing employment rose 4.2% adding 8150 employees. The addition of 2066 employees to Non-Electrical Machinery (35) constituted about 25% of the industry gain. SIC changes into the sector in January for about 700 along with expansions in the production of computer and office equipment generated the bulk of the increase. Transportation Equipment (37) reported the second largest gain up by 1442 employees. Expansions in Motor Vehicle Parts & Accessories (3714) along with expansions and questionable reporting in Guided Missiles & Space Vehicles & Parts accounted for the sector gain. Electrical Machinery (36) added 957 employees. Growth was strongest in the production of Electronic Components & Accessories (367) and Communications Equipment (366). Growth in Printing-Publishing (27) was also strong gaining 806 employees over a year ago due to increases in commercial printing and newspaper printing and publishing. The largest losses occurred in Primary Metals down 92 employees and Leather down 90. Cutbacks by the major employer in each sector caused the losses.
Colorado Employment and Wages (ES202) Third Quarter 1997
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