Mar 03 2025 3 mins
The job market in Denver is thriving, particularly in the tech sector, which has seen a 120% growth since 2018 and now employs over 129,000 professionals. Denver has climbed to the 8th position among top tech markets, with a tech workforce growing at 12.6% since 2018. The city boasts a median starting pay of $19 per hour for new tech talent and an impressive 5.8% annual pay growth.
The employment landscape is dominated by high-demand roles such as Software Developers, who earn around $113,457 annually, and Cloud Solutions Architects, who earn $141,000 annually. Other in-demand fields include AI, cybersecurity, and cloud computing, with companies like AWS, Azure, and Google Cloud Platform driving innovation. The city's tech sector contributed $49.8 billion to Colorado's economy last year.
Statistics show that Denver's tech job market is robust, with a projected addition of 5,674 tech jobs in 2024. The average wage in the tech sector is significantly higher than traditional roles, with Software Engineering Managers earning $142,000 and Data Engineers earning between $69,000 and $191,000.
The current unemployment rate in Denver stands at 5.10%, up from 4.80% the previous month and 3.60% a year ago. Despite this increase, Colorado's overall job growth rate outpaces the national rate, with nonfarm payroll jobs increasing by 61,200 since March 2023.
Major industries in Denver include aerospace, aviation, IT-software, and healthcare. The IT-software cluster was the fastest growing from 2012 to 2017, rising 32.2%. Recent developments highlight significant job gains in educational and health services, professional and business services, and leisure and hospitality.
Growing sectors such as AI and machine learning are particularly vibrant, with machine learning engineers earning around $131,000. The city's supportive tech community and outdoor lifestyle make it an attractive location for young professionals.
Seasonal patterns show fluctuations in unemployment rates, but overall, the job market remains strong. Commuting trends are not specifically highlighted in recent data, but the city's infrastructure supports both local and remote work arrangements.
Government initiatives focus on supporting the labor force, with surveys indicating a strong emphasis on employment and labor force statistics. The market evolution is marked by continuous innovation and investment in tech teams, offering remote work flexibility, career development programs, and competitive benefits packages.
Key findings include the robust growth of the tech sector, high demand for specialized tech roles, and a supportive job market with competitive salaries.
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 expertise in AWS, Azure, or Google Cloud Platform, earning $141,000 annually.
- Machine Learning Engineer in AI, with a salary of around $131,000.
The employment landscape is dominated by high-demand roles such as Software Developers, who earn around $113,457 annually, and Cloud Solutions Architects, who earn $141,000 annually. Other in-demand fields include AI, cybersecurity, and cloud computing, with companies like AWS, Azure, and Google Cloud Platform driving innovation. The city's tech sector contributed $49.8 billion to Colorado's economy last year.
Statistics show that Denver's tech job market is robust, with a projected addition of 5,674 tech jobs in 2024. The average wage in the tech sector is significantly higher than traditional roles, with Software Engineering Managers earning $142,000 and Data Engineers earning between $69,000 and $191,000.
The current unemployment rate in Denver stands at 5.10%, up from 4.80% the previous month and 3.60% a year ago. Despite this increase, Colorado's overall job growth rate outpaces the national rate, with nonfarm payroll jobs increasing by 61,200 since March 2023.
Major industries in Denver include aerospace, aviation, IT-software, and healthcare. The IT-software cluster was the fastest growing from 2012 to 2017, rising 32.2%. Recent developments highlight significant job gains in educational and health services, professional and business services, and leisure and hospitality.
Growing sectors such as AI and machine learning are particularly vibrant, with machine learning engineers earning around $131,000. The city's supportive tech community and outdoor lifestyle make it an attractive location for young professionals.
Seasonal patterns show fluctuations in unemployment rates, but overall, the job market remains strong. Commuting trends are not specifically highlighted in recent data, but the city's infrastructure supports both local and remote work arrangements.
Government initiatives focus on supporting the labor force, with surveys indicating a strong emphasis on employment and labor force statistics. The market evolution is marked by continuous innovation and investment in tech teams, offering remote work flexibility, career development programs, and competitive benefits packages.
Key findings include the robust growth of the tech sector, high demand for specialized tech roles, and a supportive job market with competitive salaries.
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 expertise in AWS, Azure, or Google Cloud Platform, earning $141,000 annually.
- Machine Learning Engineer in AI, with a salary of around $131,000.