The Colorado economy is evolving, and as it does the labor market is evolving along with it. In a pattern similar to that of the US overall, Colorado has been losing middle income jobs, albeit less steeply that nation-wide. As a result, fewer of Colorado’s jobs support household self sufficiency. Since housing is the single largest house household expenditure, fewer jobs are supporting housing as well. This report examines the relationship between wages and housing and finds that it’s becoming increasingly difficult for workers to afford homes in the region.
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