Aging of Colorado and its Impact on Employment

Image credit: Bureau of Labor Statistics

It is common knowledge America's population is aging and this is leading to a shift in certain segments of the economy. The Bureau of Labor Statistics released its long-term occupational employment projections from 2016 to 2026. As shown in this report, the demographic shift has led to an increase in healthcare-related services and employment. A mix of jobs will see the largest growth as a result, including home health aides, personal care aides, and physical therapy aides, Physicians Assistants, Nurse Practitioners, and Physical Therapists. This will lead to a bifurcation of the health-care economy between higher paid, higher education jobs and lower paid, lower education jobs.

More analysis about this report is available from the Colorado Department of Local Affairs.