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<br />TABLE 12 <br />CANON CITY LABOR FORCE <br />AND UNEMPLOY~ENT TRENDS <br /> <br /> Total Labor Total Unemployed Percent Canon Ci ty <br />Year Force Em 10 ed Persons Unem 10 ed Po ulation <br />19601 2559 2438 121 4.7 8973 <br />19702 2467 2330 137 5.6 9206 <br />14 Years old and over <br />2 16 Yea rs old and over <br />Source: Bureau of the Census, State of Colorado, General Social <br /> and Economic Characteristics for 1960 and 1970. <br /> <br />Table 13 on the following page also p~ints to the overall decline in the number <br />of workers, but identifies as well th~ sectors of the local economy in which <br />there were changes in employment. Durin9 the period of 1960-1970, there was <br />a si9nificant decline in employment in the transportation, communications, and <br />wholesale-retail trade sectors. To some degree counterbalancing these declines, <br />the manufacturing, construction, and professional and related services sectors <br />recorded a marked increase in employm~nt. The deline in wholesale-retail trade <br />is not surprising in view of the fairly high rate of local unemployment which <br />would reduce the expendable income of local residents, thereby curtailing local <br />purchasing power. What is significant, however, is the apparent shift of <br />the Canon City economy toward the manufacturing and professional service- <br />oriented sectors. <br /> <br />In 1960 the largest single private sector employer in the local economy was <br />the wholesale-retail trade group, which employed 585 people or roughly 24 per- <br />cent of the total labor force. By 1970, the professional service sector had <br />expanded to about the level of the wholesale and retail trade sector as reported <br />in that year and the manufacturing of durable goods had expanded the number of <br />employees from 118 in 1960 to 164 in 1970, an increase of about 39 percent. Thus, <br />in 1970, wholesale-retail trade and professional services accounted for about <br />45 percent of the labor force while manufacturing accounted for about 9 percent. <br /> <br />Specific employment data for the Canon City area is more difficult to come by <br />after the 1970 Census. However, a general sense of changes taking place in the <br />Canon Cityal'ea can be obtained from labor force estimates collected and compiled <br />for Fremont County. <br /> <br />58 <br /> <br />l <br /> <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />..~ <br />