Moffat County economic trends — Employment statistics for June, July 2018
CRAIG — The unemployment rate for Moffat County increased in June and July to 3.0 percent, compared to May, when the rate of unemployment stood at 2.5 percent. But rates were still better than the 4.5 percent of unemployment faced in the county in February.
Employers in Colorado added 2,800 nonfarm payroll jobs from June to July, for a total of 2,737,300 jobs, according to the survey of business establishments. Private sector payroll jobs increased 2,700, and government jobs increased by 100.
There are 4,634 people currently employed in the county, down from 4,764 people employed in May and 104 jobs advertised online in Moffat County as of Sept. 5, according to data from the CDLE.
The county population was 13,795 at U.S. Census 2010.
In Northwest Colorado, top growing occupations continued to be waiters and waitresses, retail salespersons, combined food preparation and serving workers, including fast food, cashiers and maids, and housekeeping cleaners, according to the Labor Market Information, Occupational Employment Projections Unit and Occupational Employment Statistics Program.
Over the year, the average workweek for all employees on private nonfarm payrolls increased from 34.3 to 34.5 hours, and average hourly earnings increased from to $28.77 to $29.40 per hour, $1,176 per week, and $61,152 per year.
Moffat County workers take-home pay fell from prior months and continues to be below the state average, with county workers earning $22.83 per hour, $913 per week, and $47,476 per year.
Tri-State Generation & Transmission unveiled its new Responsible Energy Plan this week, which will transition the company’s power portfolio further into renewables to reduce electric rates for its members.