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<br />001251 <br /> <br />Draft - 9/81 <br /> <br />\ <br /> <br />Economics18 <br /> <br />Labor <br /> <br />Changes and growth in varIous economic sectors have come <br /> <br />with the changes in populat ion; the two are Integrally related. <br /> <br />In 1978, 284,500 people were engaged In wholesale and retail <br /> <br />trade, more than in any other sector. <br /> <br />Federal, state and local <br /> <br />government was the second largest sector (227,100 employees), <br /> <br />followed by services (231,700 employees) and manufacturing <br /> <br />(165,900 employees). <br /> <br />From 1970 through 1978 employment in the mIning sector in- <br /> <br />creased by 95 percent, whIch made It the fastest growing sector <br /> <br />in the state's economy on a percentage basis. <br /> <br />Construction <br /> <br />employment' increased by 76 percent; finance, insurance, and real <br /> <br />~ <br /> <br />estate by 71 percent, and manufacturing by 41 percent. <br /> <br />The <br /> <br />largest absolute growth occurred in the trade sector, whIch added <br /> <br />111,100 jobs. <br /> <br />It was fo llowed by se rv Ices, government, manu f ac- <br /> <br />turIng, and constructIon, in which employment increased by <br /> <br />101,400,51,600,48,400, and 31,200 jobs, respectively. <br /> <br />Unlike standard wage employment, agrIcultural employment is <br /> <br />difficult to estImate for obvious reasons. Farm familIes provIde <br /> <br />most of the state's agricultural labor. <br /> <br />Colorado AgrIcultural <br /> <br />Statistics attempts to estimate farm employment during each quar- <br /> <br />ter of the year. <br /> <br />AveragIng the quarters, thIs source estimates <br /> <br />18Sources: Colorado Div ision of Commerce and Development and the <br />College of BusIness and AdministratIon, UniversIty of Colorado, <br />1979; Colorado Department of Revenue, 1978; U. S. Department of <br />Commerce, 1980; Colorado Department of Agriculture, 1980. <br /> <br />18 <br />