Mar 05 2025 3 mins
The job market in Denver is characterized by both growth and challenges. Despite some employment setbacks, Denver's tech industry is thriving, with a 120% growth since 2018 and a current workforce of over 129,000 professionals. The city has risen to the 8th position among top tech markets, driven by high demand in fields such as software development, cloud computing, cybersecurity, and AI.
Employment statistics show that Denver has experienced some job losses, particularly in construction and leisure and hospitality, with a total of 9,600 jobs lost in the past year. However, the overall labor market remains strong, with Colorado adding 4,800 jobs in July 2024 compared to the previous year. The unemployment rate in Metro Denver has risen to 4.4%, but this is still relatively low and part of a broader national trend.
Key industries in Denver include software development, data science, and AI, with major employers such as Lockheed Martin Space and Ball Aerospace offering robust career development programs. The city is also a hub for cloud architects, with skills in AWS, Azure, and Google Cloud Platform being highly valued. Cybersecurity professionals are in high demand due to the significant costs associated with data breaches.
Recent developments include a rise in remote and hybrid work models, with 78% of tech companies adopting these policies. This shift has made Denver more attractive to young professionals, with many entry-level positions offering flexible scheduling and home office stipends.
Seasonal patterns show that while Denver's employment statistics have been lackluster in some sectors, the city's labor force participation rate remains high at 67.9%. Government initiatives focus on supporting skill-based hiring, with over 35% of high-paying tech positions no longer requiring traditional education.
The market evolution in Denver highlights a strong tech sector, despite some broader economic challenges. The city's unique blend of outdoor lifestyle, growing tech community, and solid job opportunities makes it an attractive location for tech careers.
Key findings include the high demand for tech roles, the importance of cloud and cybersecurity skills, and the growing trend of remote work. Denver continues to be a significant player in the tech industry, offering lucrative opportunities and a vibrant job market.
Current job openings include:
- Software Engineers at companies like Palantir Technologies, with salaries ranging from $90,000 to $198,000.
- Data Engineers, with average salaries between $69,000 and $191,000.
- Machine Learning Engineers, earning around $131,000 annually.
Employment statistics show that Denver has experienced some job losses, particularly in construction and leisure and hospitality, with a total of 9,600 jobs lost in the past year. However, the overall labor market remains strong, with Colorado adding 4,800 jobs in July 2024 compared to the previous year. The unemployment rate in Metro Denver has risen to 4.4%, but this is still relatively low and part of a broader national trend.
Key industries in Denver include software development, data science, and AI, with major employers such as Lockheed Martin Space and Ball Aerospace offering robust career development programs. The city is also a hub for cloud architects, with skills in AWS, Azure, and Google Cloud Platform being highly valued. Cybersecurity professionals are in high demand due to the significant costs associated with data breaches.
Recent developments include a rise in remote and hybrid work models, with 78% of tech companies adopting these policies. This shift has made Denver more attractive to young professionals, with many entry-level positions offering flexible scheduling and home office stipends.
Seasonal patterns show that while Denver's employment statistics have been lackluster in some sectors, the city's labor force participation rate remains high at 67.9%. Government initiatives focus on supporting skill-based hiring, with over 35% of high-paying tech positions no longer requiring traditional education.
The market evolution in Denver highlights a strong tech sector, despite some broader economic challenges. The city's unique blend of outdoor lifestyle, growing tech community, and solid job opportunities makes it an attractive location for tech careers.
Key findings include the high demand for tech roles, the importance of cloud and cybersecurity skills, and the growing trend of remote work. Denver continues to be a significant player in the tech industry, offering lucrative opportunities and a vibrant job market.
Current job openings include:
- Software Engineers at companies like Palantir Technologies, with salaries ranging from $90,000 to $198,000.
- Data Engineers, with average salaries between $69,000 and $191,000.
- Machine Learning Engineers, earning around $131,000 annually.