mesa county, co - colorado...economy overview mesa county, co mesa county workforce center 512 29...

Economy Overview

Mesa County, CO

Mesa County Workforce Center

512 29 1/2 Road

Grand Junction, Colorado 81504

[email protected]

970.248.7562

mailto:[email protected]

2018 Data Set

Mesa County, CO has a very active community and our recreation industry and

sunny weather continue to be a draw for a lot of individuals. Mesa County has

seen a slight increase in its population since 2010. The overall economy has

started to see significant gains in labor force, lower unemployment rates, increase

in job orders, and steady increases in wages.

The purpose of this document is to supplement Mesa County’s local plan; as well as

provide you with economic projections and demographic information of Mesa

County.

Emsi Q2 2018 Data Set | www.economicmodeling.com

2017 Jan. Feb. March Apr. May June July Aug. Sept. Oct. Nov. Dec.

Unemployment Rate 5.8 5.3 3.8 3.2 3.3 3.6 3.6 3 3 3.4 3.7 4.3

Total Labor Force 70,288 71,294 71,232 71,18

7 71,94

2 71,74

9 72,21

3 72,26

3 72,28

6 72,87

4 73,16

7 73,03

6

Total Unemployed 4,057 3,767 2,714 2,259 2,350 2,583 2,618 2,199 2,200 2,457 2,728 3,151

Job Orders 408 537 563 625 675 762 817 747 669 607 643 585

Cumulative job orders 408 945 1,508 2,133 2,808 3,568 4387 5134 5,863 6,425 7,068 7,653

2018 January February March

Unemployment Rate 4.8 4.6 4

Total Labor Force 74,198 74,822 74,999

Total Unemployed 3,545 3,449 2,993

Job Orders 665 688 803

Cumulative job orders 665 1,353 2,156

Mesa County experienced lower unemployment rates, increased labor force, and increased job orders over the course of 2017 and through the first quarter of 2018. As our local economic conditions improve it is imperative that the Mesa County Workforce Center and the Workforce Development Board leverage available resources and partnerships to create and support talent pipelines to ensure we are supporting

the needs of local employers while providing the right services at the right time to our clients.

The below tables demonstrate the growth in labor force and job orders. Our job orders are up over 40%

YTD and we saw our unemployment rate hit a ten year low at 3% in August and September of 2017.

http://www.economicmodeling.com/


Economy Overview

150,726 67,900 $50.1K

Population (2017) Jobs (2017) Median Household Income (2016)

Population grew by 3,257 over

the last 5 years and is projected

to grow by 4,156 over the next 5

years.

Jobs grew by 2,445 over the last

5 years and are projected to grow

by 3,524 over the next 5 years.

Median household income is

$5.3K below the national median

household income of $55.3K.

As of 2017 the region's population increased by 2.2%

since 2012, growing by 3,257. Population is expected

to increase by 2.8% between 2017 and 2022, adding

4,156.

From 2012 to 2017, jobs increased by 3.7% in Mesa

County, CO from 65,455 to 67,900. This change fell

short of the national growth rate of 7.9% by 4.2%. As

the number of jobs increased, the labor force

participation rate decreased from 62.5% to 59.5%

between 2012 and 2017.

Concerning educational attainment, 18.0% of Mesa

County, CO residents possess a Bachelor's Degree

(0.4% below the national average), and 8.5% hold an

Associate's Degree (0.6% above the national average).

The top three industries in 2017 are Restaurants and

Other Eating Places, General Medical and Surgical

Hospitals, and Education and Hospitals (Local

Government).



Economy Overview - Cont.

Population Labor Force Cost of (2017) (2017) Jobs (2017) Living GRP Imports Exports

Region 150,726 73,036 67,900 103.8 $5.98B $6.65B $6.46B

Nation 325,401,909 159,887,109 160,157,543 100.0 $19.09T $0 $8.52T



Economy Overview - Cont. 2017 Labor Force Breakdown

Population

A Total Working Age Population 122,826

A Not in Labor Force (15+) 49,790

A Labor Force 73,036

A Employed 69,885

A Unemployed 3,151

A Under 15 27,900

Educational Attainment

Concerning educational attainment, 18.0% of Mesa County, CO residents possess a Bachelor's Degree (0.4% below the

national average), and 8.5% hold an Associate's Degree (0.6% above the national average).

% of Population Population

A Less Than 9th Grade 4.5% 4,666

A 9th Grade to 12th Grade 6.4% 6,542

A High School Diploma 28.7% 29,545

A Some College 25.0% 25,708

A Associate's Degree 8.5% 8,773

A Bachelor's Degree 18.0% 18,473

A Graduate Degree and Higher 8.8% 9,092

150,726

Population



Historic & Projected Trends Population Trends

As of 2017 the region's population increased by 2.2% since 2012, growing by 3,257. Population is expected to increase by

2.8% between 2017 and 2022, adding 4,156.

Timeframe Population

2012 147,469

2013 147,370

2014 147,501

2015 148,399

2016 150,081

2017 150,726

2018 151,704

2019 152,603

2020 153,430

2021 154,189

2022 154,881



Historic & Projected Trends - Cont. Job Trends

From 2012 to 2017, jobs increased by 3.7% in Mesa County, CO from 65,455 to 67,900. This change fell short of the national

growth rate of 7.9% by 4.2%.

Timeframe Jobs

2012 65,455

2013 65,339

2014 67,039

2015 66,910

2016 66,866

2017 67,900

2018 68,778

2019 69,554

2020 70,259

2021 70,928

2022 71,424



Historic & Projected Trends - Cont. Labor Force Participation Rate Trends

Timeframe Labor Force Participation Rate

2013 61.78%

2014 61.31%

2015 59.58%

2016 58.75%

January - October 2017 58.50%

November 2017 59.51%

December 2017 59.46%

January 2018 60.09%



Historic & Projected Trends - Cont. Unemployment Rate Trends

Mesa County, CO had a January 2018 unemployment rate of 4.78%, decreasing from 8.73% 5 years before.

Timeframe Unemployment Rate

2013 8.73%

2014 6.23%

2015 5.56%

2016 5.40%

January - October 2017 3.79%

November 2017 3.73%

December 2017 4.31%

January 2018 4.78%



Population Characteristics

Millennials Retiring Soon Racial Diversity

Mesa County, CO has 29,915

millennials (ages 20-34). The

national average for an area this

size is 31,146.

Retirement risk is high in Mesa

County, CO. The national average

for an area this size is 22,872

people 65 or older, while there are

26,869 here.

Racial diversity is low in Mesa

County, CO. The national average

for an area this size is 58,131

racially diverse people, while there

are 27,538 here.

Veterans Violent Crime Property Crime

Mesa County, CO has 12,179

veterans. The national average for

an area this size is 8,708.

Mesa County, CO has 3.27 violent

crimes per 1,000 people. The

national rate is 3.75 per 1,000

people.

Mesa County, CO has 28.34

property crimes per 1,000 people.

The national rate is 24.22 per

1,000 people.

28.34/1,000

3.27/1,000

12,179

29,915

26,869

27,538



Population Characteristics - Cont. Place of Work vs Place of Residence

Understanding where talent in Mesa County, CO currently works compared to where talent lives can help you optimize site

decisions. For example, the #1 ranked ZIP for employment ranks #2 for resident workers. The top ZIP for resident workers is

81504.

Workers

High Inbound Commuters

High Outbound Commuters

Where Talent Works Where Talent Lives

ZIP

Name

2017 Employment

ZIP

Name

2017

81501 Grand Junction, CO (in… 25,621 81504 Grand Junction, CO (in… 13,452


81506 Grand Junction, CO (in… 6,621 81521 Fruita, CO (in Mesa co… 7,338


81521 Fruita, CO (in Mesa co… 3,852 81507 Grand Junction, CO (in… 6,874



Industry Characteristics Largest Industries

Industry Jobs National Average

Health Care and Social Assistance

Government

Retail Trade

Accommodation and Food Services

Construction

Administrative and Support and Waste Management and Remediation Services

Other Services (except Public Administration)

Manufacturing

Professional, Scientific, and Technical Services

Wholesale Trade

Transportation and Warehousing

Mining, Quarrying, and Oil and Gas Extraction

Finance and Insurance

Real Estate and Rental and Leasing

Arts, Entertainment, and Recreation

Educational Services

Agriculture, Forestry, Fishing and Hunting

Information

Utilities

Management of Companies and Enterprises

0 2,000 4,000 6,000 8,000 10,000



Industry Characteristics - Cont. Top Growing Industries

Industry Jobs Growth


Construction

Government


Retail Trade

Manufacturing




Wholesale Trade




Utilities

0 200 400 600 800 1,000 1,200 1,400



Industry Characteristics - Cont. Top Industry LQ

Industry LQ


Construction



Retail Trade



Government



Wholesale Trade

Utilities



d Support and Waste Management and Remediation Services


Manufacturing

Information



0.00 2.00 4.00 6.00 8.00



Industry Characteristics - Cont. Top Industry GRP

2017 Gross Regional Product

Government



Retail Trade


Construction

Wholesale Trade

Manufacturing







Information


Utilities




$0.000 $200.0M $400.0M $600.0M



Industry Characteristics - Cont. Top Industry Earnings

2017 Earnings Per Worker

Utilities




Wholesale Trade



Government


Construction

Information

Manufacturing



Retail Trade






$0 $20,000 $40,000 $60,000 $80,000 $100,000



Industry Characteristics - Cont.

2012

2017

%

Change

2017

2017 Earnings

Administration)

Technical Services

Extraction

Industry Jobs Jobs Change in Jobs in Jobs LQ Per Worker 2017 GRP

Health Care and Social Assistance 9,307 10,724 1,417 +15% 1.25 $55,434 $671.95M

Government 9,940 10,544 604 +6% 1.02 $57,978 $709.73M

Retail Trade 8,076 8,482 406 +5% 1.21 $33,429 $482.60M

Accommodation and Food Services 6,286 6,715 429 +7% 1.15 $20,716 $216.64M

Construction 4,376 5,065 689 +16% 1.37 $54,458 $418.41M

Administrative and Support and

Waste Management and 3,400

Remediation Services

3,368

-32

-1%

0.80

$35,135

$161.80M

Other Services (except Public 2,974

3,098

124

+4%

0.95

$27,002

$115.76M

Manufacturing 2,737 3,086 349 +13% 0.58 $51,390 $310.78M

Professional, Scientific, and 2,727

2,604

-123

-5%

0.60

$58,447

$224.30M

Wholesale Trade 2,349 2,421 72 +3% 0.95 $62,887 $323.18M

Transportation and Warehousing 2,743 2,414 -329 -12% 1.02 $60,594 $229.65M

Mining, Quarrying, and Oil and Gas 3,588

2,176

-1,412

-39%

8.19

$92,399

$499.58M

Finance and Insurance 1,982 2,137 155 +8% 0.81 $76,333 $421.30M

Real Estate and Rental and Leasing 1,327 1,375 48 +4% 1.21 $42,296 $278.61M

Arts, Entertainment, and Recreation 1,064 1,125 61 +6% 0.96 $18,094 $34.79M



Industry Characteristics - Cont.

2012

2017

% Change

2017

2017 Earnings

and Hunting

and Enterprises

Industry Jobs Jobs Change in Jobs in Jobs LQ Per Worker 2017 GRP

Educational Services 523 772 249 +48% 0.44 $26,374 $22.93M

Agriculture, Forestry, Fishing 880

719

-161

-18%

0.88

$28,242

$96.95M

Information 845 706 -139 -16% 0.56 $54,073 $110.04M

Utilities 197 210 13 +7% 0.89 $104,141 $72.35M

Management of Companies 128

152

24

+19%

0.16

$102,999

$18.77M



Business Characteristics 15,299 Companies Employ Your Workers

Online profiles for your workers mention 15,299 companies as employers, with the top 10 appearing below. In the last 12

months, 1,368 companies in Mesa County, CO posted job postings, with the top 10 appearing below.

Top Companies Profiles Top Companies Posting Unique Postings

Mesa County Valley School Dis… 568

Scl Health System 920

Colorado Mesa University 508

Soliant Health, Inc 848

Kbr, Inc. 214

Mesa County Valley School Dis… 716

County of Mesa 198

Department of Veterans Affairs 715

Colorado House of Representa … 192

Comphealth Associates, Inc 639

Rocky Mountain Health Plans F… 178

Lyft, Inc. 563

City of Grand Junction 170

C.R. England, Inc. 540

Startek, Inc. 142

Pizza Hut, Inc. 464

St. Mary's Hospital, Inc. 137

Blitz Media, Inc. 376

Aspen Skiing Company, L.L.C. 133

Contract Freighters, Inc. 343



Business Characteristics - Cont. Business Size

Percentage

Business Count

A 1 to 4 employees 48.9% 3,217

A 5 to 9 employees 23.1% 1,520

A 10 to 19 employees 14.7% 964





A 500+ employees 0.2% 12

*Business Data by DatabaseUSA.com is third-party data provided by Emsi to its customers as a convenience, and Emsi does not endorse or warrant its

accuracy or consistency with other published Emsi data. In most cases, the Business Count will not match total companies with profiles on the summary tab.



Workforce Characteristics Largest Occupations

Occupation Jobs National Average

Office and Administrative Support

Sales and Related

Food Preparation and Serving Related

Healthcare Practitioners and Technical

Construction and Extraction

Transportation and Material Moving

Education, Training, and Library

Installation, Maintenance, and Repair

Business and Financial Operations

Management

Personal Care and Service

Production

Healthcare Support

Building and Grounds Cleaning and Maintenance

Community and Social Service

Protective Service

Arts, Design, Entertainment, Sports, and Media

Computer and Mathematical

Architecture and Engineering

Life, Physical, and Social Science

Legal

Farming, Fishing, and Forestry

Military

0 2,000 4,000 6,000 8,000 10,000



Workforce Characteristics - Cont. Top Growing Occupations

Occupation Jobs Growth





Healthcare Support


Sales and Related




Production

Protective Service


Military



0 100 200 300 400 500 600



Workforce Characteristics - Cont. Top Occupation LQ

Occupation LQ





Healthcare Support

Sales and Related







Protective Service



Legal



Management

Production


Military


0.00 0.20 0.40 0.60 0.80 1.00 1.20 1.40



Workforce Characteristics - Cont. Top Occupation Earnings

2016 Avg. Hourly Earnings

Management




Legal



Protective Service





Sales and Related


Production


Military


Healthcare Support





$0.00 $10.00 $20.00 $30.00 $40.00



Workforce Characteristics - Cont. Top Posted Occupations

Unique Average Monthly Postings



Sales and Related



Management


Healthcare Support









Protective Service


Production


Legal

Military

0 200 400 600



Office and

Food Preparation and

Healthcare Practitioners

Construction and

Transportation and

Education, Training, and

Business and Financial

Personal Care and

Community and Social

Workforce Characteristics - Cont.

Occupation

2012 Jobs

2017 Jobs Change in Jobs

%

Change in Jobs

2017 LQ

2016 Avg.

Hourly Earnings

Mar 2017 - Feb 2018

Unique Average Monthly Postings

Administrative Support 9,625 10,159 534 +6% 1.00 $16.43 262

Sales and Related 7,804 8,005 201 +3% 1.19 $18.95 524

Serving Related 6,005 6,512 507 +8% 1.14 $10.68 261

and Technical 4,351 5,001 650 +15% 1.34 $39.51 774

Extraction 5,065 4,760 -305 -6% 1.57 $21.09 48

Material Moving 4,439 4,029 -410 -9% 0.90 $17.71 758

Library 3,332 3,682 350 +11% 0.95 $21.59 52

Installation,

Maintenance, and

Repair

3,194 3,199 5 +0% 1.24 $21.66 124

Operations 2,705 2,808 103 +4% 0.82 $30.74 54

Management 2,854 2,795 -59 -2% 0.76 $40.29 138

Service 2,516 2,667 151 +6% 0.95 $11.10 36

Production 2,473 2,558 85 +3% 0.64 $17.65 28

Healthcare Support 2,024 2,301 277 +14% 1.23 $14.22 69

Building and Grounds

Cleaning and

Maintenance

2,001 2,199 198 +10% 0.87 $13.12 36

Service 1,285 1,519 234 +18% 1.37 $20.96 52




2012

2017

Change

2017

Hourly

Unique Average

Mathematical

Engineering

Social Science

Forestry

% 2016 Avg. Mar 2017 - Feb 2018

Occupation Jobs Jobs Change in Jobs in Jobs LQ Earnings Monthly Postings

Protective Service 1,299 1,334 35 +3% 0.88 $22.10 36

Arts, Design,

Entertainment, Sports, 1,066

and Media

1,072

6

+1%

0.88

$17.31

54

Computer and 692

715

23

+3%

0.37

$33.83

36

Architecture and 778

705

-73

-9%

0.63

$34.75

24

Life, Physical, and 642

608

-34

-5%

1.13

$31.04

37

Legal 482 454 -28 -6% 0.82 $32.10 4

Farming, Fishing, and 427

415

-12

-3%

0.81

$13.24

1

Military 395 402 7 +2% 0.47 $16.53 2




National Career Readiness Certificate (NCRC) Mesa County, CO – Only Certified Work Ready Community in Colorado

Mesa County - Certified Work Ready Community

National Career Readiness Certificates Number Awarded or the last 2 years – Mesa County

Platinum 87

Gold 649

Silver 2027

Bronze 834

Total 3597

• These levels are correlated with the 21,000 jobs that have been profiled in the ACT job database. Each certificate level shows the job seeker’s foundational skills and what percentage of the 21,000 jobs profiled they can effectively do.

• The NCRC allows us to map our skilled workforce and create a talent pool specific to employer’s job

openings; allowing us to funnel our best talent to your business.

• Over the last two years 62% of Mesa County’s job seekers have tested at the Silver level or higher. This means that the majority of our current workforce has the foundational skills to be effective and efficient at a minimum of 67% of the 21,000 jobs in the ACT job data base. 17% of Mesa County’s workforce has tested at the Gold level or higher, meaning they have the foundational skills to be effective and efficient at 93% of the 21,000 jobs in the ACT job database.

• This demonstrates that our local workforce score on average 13% higher than the national average on the

NCRC


https://www.workreadycommunities.org/CO/077


Educational Pipeline

In 2016, there were 2,154 graduates in Mesa County, CO. This pipeline has grown by 31% over the last 5 years. The highest

share of these graduates come from Medical/Clinical Assistant, "Business/Commerce, General", and Kinesiology and Exercise

Science.

School

Total Graduates (2016)

Graduate Trend (2012 - 2016)

Colorado Mesa University 1,789

Intellitec College-Grand Junction 309

The Salon Professional Academy-Grand

Junction

Certificate Associate's Bachelor's Master's or Higher

56



Appendix A - Data Sources and Calculations

Industry Data

Emsi industry data have various sources depending on the class of worker. (1) For QCEW Employees, Emsi primarily uses

the QCEW (Quarterly Census of Employment and Wages), with supplemental estimates from County Business Patterns. (2)

Non-QCEW employees data are based on a number of sources including QCEW, Current Employment Statistics, County

Business Patterns, BEA State and Local Personal Income reports, the National Industry-Occupation Employment Matrix

(NIOEM), the American Community Survey, and Railroad Retirement Board statistics. (3) Self-Employed and Extended

Proprietor classes of worker data are primarily based on the American Community Survey, Nonemployer Statistics, and BEA

State and Local Personal Income Reports. Projections for QCEW and Non-QCEW Employees are informed by NIOEM and

long-term industry projections published by individual states.

State Data Sources

This report uses state data from the following agencies: Colorado Department of Labor and Employment

Work Ready Community Data

https://www.workreadycommunities.org/




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