Economy & Economic Development  December 4, 2019

BLS: Weekly raises top 5 percent in every Front Range county

Wages across the Front Rage increased by at least 5 percent in every county north of Denver, according to new data released Wednesday by the U.S. Bureau of Labor Statistics.

The additional data includes the total amount of wages paid to employees across the entire county, along with the average weekly wage those employees took home.

None of the data points has been adjusted to account for inflation or seasonal trends. Federal agencies don’t track statewide inflation rates, but inflation in the Denver metro area increased 2.7 percent from the beginning of the year to the end of September.

SPONSORED CONTENT

Select your Republic Services residential cart now!

In preparation for Republic Services becoming the primary provider of residential recycling, yard trimmings, and trash, residents should now select the best cart size and service schedule for their household needs.

In Boulder County, total wages increased in the quarter by 8.4 percent, but the weekly take-home wage rose by 5.7 percent to stand at an average of $1,306. Broomfield County’s average total wages spiked 15.2 percent, with its weekly wage rate increasing by 12.9 percent to end at $1,797 on average.

Larimer County’s total wages increased by 7 percent, while its weekly wages increased by 4.9 percent to end at $977 on average. In Weld County, the total wage increased by 8.4 percent in the period. The average weekly wage stood at $1,001, a 4.8 percent increase from the same quarter last year.

Total wages increased by 6.9 percent in Denver, while the weekly take-home wage increased by 5.4 percent to end the period at an average of $1,533 per week.

Across the entire state, total wages for workers increased 7.2 percent on average in the quarter compared to a year ago, but the average weekly take-home wage increased only 4.9 percent.

There were 210,232 businesses established across the state at the end of the quarter, a 2.6 percent increase from the prior year. Boulder County added 186 new businesses to close the period with 15,859 establishments, while Broomfield County added 12 new businesses to stand at 2,903.

Larimer County had 12,631 registered businesses at the end of the period after adding 132, while Weld County added 137 new businesses for a total of 7,726.

Wages across the Front Rage increased by at least 5 percent in every county north of Denver, according to new data released Wednesday by the U.S. Bureau of Labor Statistics.

The additional data includes the total amount of wages paid to employees across the entire county, along with the average weekly wage those employees took home.

None of the data points has been adjusted to account for inflation or seasonal trends. Federal agencies don’t track statewide inflation rates, but inflation in the Denver metro area increased 2.7 percent from the beginning of the…

Lucas High
A Maryland native, Lucas has worked at news agencies from Wyoming to South Carolina before putting roots down in Colorado.
Sign up for BizWest Daily Alerts