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Denver Employment Forecast is Good News for Denver Home Sellers

By
Real Estate Agent with Bandy Homes

EmploymentOnce again, Denver residents have something to brag about. The most recent quarterly Manpower Employment Outlook Survey shows that employers in the metro Denver area will both continue to hire and hold off on staff reductions.  This makes Denver-Aurora the fifth best employment area in the country.

 

A Manpower spokesperson said that employers nation-wide expect stronger employment forecasts versus one year ago. But when compared to the nationwide numbers, Denver is well above the average.

 

Of the 140+ Denver-area employers who were interviewed about the next quarter’s hiring plans, 18 percent plan to hire more employees and none have expectations to reduce staff levels. About 78 percent of employers will stay at current workforce levels, with 4 percent uncertain about their hiring strategies. This is great news indeed for those living in Denver and for anyone looking to sell their home. Home buyers should be having more confidence.

 

Numbers for the 18,000 employers surveyed across the country were a bit lower: 18 percent will add employees in Q2 2012, 6 percent will decrease their staffs, 72 percent will make no changes, and 4 percent are undecided.

 

In terms of the Net Employment Outlook (job gains less losses), the national number falls out at 10 percent while the number for Denver is an outstanding 18 percent.

 

According to the report, the best job opportunities in Denver will be in construction, durable and non-durable goods manufacturing, transportation, utilities, information, financial activities, and wholesale and retail trade. Employment will remain flat in education and health services.

 

Life in Denver really does have it all—beautiful nature, great activities, and employment opportunities that best most other cities in the country.

 

Let the professionals at the Bandy Team help you buy or sell a Denver home. Contact us for a no-obligation consultation. If you’re thinking about buying a home in Denver, we can show you some terrific properties in Denver, including homes in Cherry Creek, town homes in Lowry, and real estate in Stapleton. You may also be interested in horse property in Elizabethor Parker horse property, and a variety of Parker golf course homes in Canterberry.

 

Marianne Bandy

 

Relocate to Denver