Feb 05 2025 3 mins
The job market in Denver is thriving, marked by significant growth and a diverse employment landscape. Since 2018, the tech industry in Denver has expanded by 120%, employing over 129,000 professionals and contributing $49.8 billion to Colorado's economy. The city has risen to the 8th position among top tech markets in North America.
Denver's employment landscape is characterized by high demand for tech roles, particularly in software development, cloud computing, AI, and cybersecurity. Software Engineers and Data Engineers are among the most sought-after positions, with salaries ranging from $90,000 to $198,000 and $69,000 to $191,000 respectively. Cloud Solutions Architects and Software Engineering Managers also command high salaries, with annual earnings of $141,000 and $142,000.
As of November 2024, the unemployment rate in Denver stands at 4.80%, up from 3.40% a year ago. Despite this increase, the city remains one of the best places to find a job, with a low unemployment rate compared to national averages.
Major industries in Denver include aerospace, telecom, energy, financial services, medical and biomedical, retail, and computer hardware and software development. The city is home to a highly educated workforce, with almost 90% of working adults being high school graduates and a high concentration of college graduates.
Growing sectors include AI infrastructure, with significant investments in data centers, and cloud computing, driven by major players like AWS, Azure, and Google Cloud Platform. The demand for skills in machine learning, data analysis, and cloud architecture is on the rise.
Recent developments highlight Denver's attractiveness for young talent, with a median starting pay of $19 per hour for new tech talent and an annual pay growth of 5.8%. Companies are offering remote work flexibility, career development programs, and competitive benefits packages to attract and retain employees.
Seasonal patterns show a general stability in employment rates, although there has been a slight increase in unemployment over the past year. Commuting trends are not specifically detailed in recent data, but the city's growing workforce suggests continued demand for housing and transportation infrastructure.
Government initiatives focus on supporting the tech industry through various programs and incentives, though specific details are not provided in the recent data. The market evolution is marked by continuous innovation, with emerging tech sectors driving new career paths and job opportunities.
Key findings include Denver's strong position as a tech hub, high demand for tech skills, and a competitive job market with attractive salaries and benefits.
Current job openings include:
- Software Engineer at a leading tech firm, offering a salary range of $90,000 to $198,000.
- Cloud Solutions Architect with a major cloud services provider, earning $141,000 annually.
- Data Engineer in a data science company, with a salary range of $69,000 to $191,000.
Denver's employment landscape is characterized by high demand for tech roles, particularly in software development, cloud computing, AI, and cybersecurity. Software Engineers and Data Engineers are among the most sought-after positions, with salaries ranging from $90,000 to $198,000 and $69,000 to $191,000 respectively. Cloud Solutions Architects and Software Engineering Managers also command high salaries, with annual earnings of $141,000 and $142,000.
As of November 2024, the unemployment rate in Denver stands at 4.80%, up from 3.40% a year ago. Despite this increase, the city remains one of the best places to find a job, with a low unemployment rate compared to national averages.
Major industries in Denver include aerospace, telecom, energy, financial services, medical and biomedical, retail, and computer hardware and software development. The city is home to a highly educated workforce, with almost 90% of working adults being high school graduates and a high concentration of college graduates.
Growing sectors include AI infrastructure, with significant investments in data centers, and cloud computing, driven by major players like AWS, Azure, and Google Cloud Platform. The demand for skills in machine learning, data analysis, and cloud architecture is on the rise.
Recent developments highlight Denver's attractiveness for young talent, with a median starting pay of $19 per hour for new tech talent and an annual pay growth of 5.8%. Companies are offering remote work flexibility, career development programs, and competitive benefits packages to attract and retain employees.
Seasonal patterns show a general stability in employment rates, although there has been a slight increase in unemployment over the past year. Commuting trends are not specifically detailed in recent data, but the city's growing workforce suggests continued demand for housing and transportation infrastructure.
Government initiatives focus on supporting the tech industry through various programs and incentives, though specific details are not provided in the recent data. The market evolution is marked by continuous innovation, with emerging tech sectors driving new career paths and job opportunities.
Key findings include Denver's strong position as a tech hub, high demand for tech skills, and a competitive job market with attractive salaries and benefits.
Current job openings include:
- Software Engineer at a leading tech firm, offering a salary range of $90,000 to $198,000.
- Cloud Solutions Architect with a major cloud services provider, earning $141,000 annually.
- Data Engineer in a data science company, with a salary range of $69,000 to $191,000.