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Young workers migrating to Denver

DENVER — All this week, on every FOX 31 Denver newscast, we’re talking about jobs.  So how is the employment picture in Denver?  Despite what you may have heard, it’s not that bad.  The mayor and business leaders tell us, the job situation here is improving, in part because there’s been an influx of young people moving here, bringing jobs with them.

You may be surprised to learn, Colorado is now the number one relocation destination in the entire country for workers ages 25-to-44 years old.

People like Fox Clarke and his wife Sangeeta.  They moved to Denver from Washington DC about a year ago.  Like so many other people their age, they were drawn by the weather, the way of life and the people.

“Everyone is just so open when you come here compared to the east coast,” Fox Clarke told us.

But are there enough jobs to support this influx?

“People are hiring in our city,” Michael Hancock, Denver’s mayor, said.  He says the droves of young people moving here are bringing new employers right along with them.

“And when they look at how youthful Denver is becoming, or at least attracting to our great city, that’s the population they want, and that’s the energy they want to be around.”

And it’s not just young people.  Denver is now third in the nation in overall job growth, behind Houston and Atlanta.  If the employment picture keeps going in the right direction, Colorado will recover all the jobs it lost in the recession by this time next year.

“I think we’ve got to be encouraged, the economy has been growing now for better than two years, we haven’t turned a corner yet, and we may not even notice that we’re turning a corner, but I’m encouraged,” John Meggs, a senior economics editor at Kiplinger, told FOX 31 Denver.

An average of seven to eight corporate headquarters are now moving to the Denver area every year, according to the Metro Denver Economic Development Corporation. Among them, Fortune 500 titan Arrow Electronics, which moved to Arapahoe County a few months ago, bringing the potential for 1,200 new jobs with it.

“For the first time in years, we’ve seen across the board hiring.  It’s everywhere,” Tom Clark, CEO of the Metro Denver Economic Development Corporation says.

It’s something Fox and Sangeeta Clarke have noticed, too.

“I think we were really fortunate when we came out here.  I came out to interview.  Sangeeta lined up some interviews and had really good luck,” Fox said.

Sangeeta got a job right away as an urgent care doctor.  And Fox, who’s a lawyer, has taken the Colorado bar exam, is doing some part time consulting work now, and expects his full time dream job soon… no that he’s moved, like thousands of other young job seekers, to his dream destination.

“I’m optimistic.  I mean in talking to people, there seems to be work out there,” Fox said.

To learn more about the job market recovery in Denver, the influx of young workers, and the economic forecast for our area, visit the Metro Denver Economic Development Corporation’s webpage at http://www.metrodenver.org/