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Colorado 2026 Outlook: Modest Job Gains as GDP Picks Up

Weak hiring reflects sectoral losses alongside tariff pressures.

Overview

  • CU’s Leeds School projects Colorado will add about 17,500 jobs in 2026, or 0.6% growth, after an estimated 12,500 added in 2025.
  • Real GDP growth is forecast to accelerate to roughly 2.9% next year, and CU economists are not calling for a recession.
  • Professional and business services are expected to contract for a third year, and information/tech employment is projected to edge lower again in 2026.
  • Population gains remain muted as domestic migration has faded, with increases estimated at 33,200 in 2025 and 35,100 in 2026.
  • Headwinds and tailwinds include an effective import tariff rate that jumped to 21% in 2025, tax cuts and lower interest rates providing support, and unemployment seen easing to about 4.1% next year.