Business

If you're reading this in your pajamas, there may be hope yet

The number of Colorado companies executing large numbers of jobs at once is falling, the Denver Business Journal reports this morning, a sign that slightly less sucky times may lie ahead:

(T)he number of Colorado workers let go in June's mass layoffs declined by more than half, to 832 in June from 1,762 in May, the Labor Department's Bureau of Labor Statistics said in its monthly report on large-scale layoffs.

Nationwide, both figures were down slightly in June from May, when the number of U.S. workers let go in mass layoffs reached its highest level in 14 years of record keeping.

In Colorado, mass layoffs peaked in December and January; 24 total layoffs of 50 or more workers were reported in each of those months, BLS said.

Read the story and download the report at denver.bizjournals.com.

KEEP WESTWORD FREE... Since we started Westword, it has been defined as the free, independent voice of Denver, and we'd like to keep it that way. With local media under siege, it's more important than ever for us to rally support behind funding our local journalism. You can help by participating in our "I Support" program, allowing us to keep offering readers access to our incisive coverage of local news, food and culture with no paywalls.
Joe Tone
Contact: Joe Tone