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MINING

(10 - 14)

The Mining industry continued its downward slide dropping 754 employees or 4.8%. Mining has lost employment every year since 1987, except for 1990. Fluctuating demands, costs and prices have taken its toll on this industry. Gains in Metal Mining and Mining & Quarry Nonmetal offset losses in Oil & Gas Extraction.
 Metal Mining, which has lost employment for the last four years, generated an employment increase this year of 323. Gold & Silver Ores and Ferroalloy Ores each added about 145 employees. Increases in Gold & Silver Ores were mainly administration expansions although some mining increases occurred. Increases in Ferroalloy Ores was mining related.
 Staff reductions, outsourcing, increasing competition, and declining prices have all contributed to the loss of 1206 employees in Oil & Gas Extraction. Losses have not occurred in this sector of the Mining industry since 1992. Crude Petroleum & Natural Gas dropped 449 employees. Oil & Gas Field Services dropped 765. Corporate layoffs and some January SIC changes to FIRE caused Denver county to lose 663 employees, the largest loss by any one county.
 Mining & Quarry Nonmetal added 160 employees over the year. Sand & Gravel expanded 59 employees. Dimension Stone, Crushed & Broken Stone and Misc Nonmetallic Minerals each added about 35 employees. Growth was most evident in Alamosa and Eagle counties.


 19911992199319941995
Statewide18,59616,55516,05315,65814,904
Metro Denver10,4319,1278,5238,4047,552
Bal. of State8,1657,4287,5307,2547,352



Colorado Employment and Wages (ES202) Annual Average 1995