5,492 · Job growth in Downtown Denver continues to set new records, with 138,970 jobs downtown....
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6 Produced by the Downtown Denver Partnership | downtowndenver.com 44,572 Professional & Business Services 25,009 Government 21,276 Leisure & Hospitality 17,178 Financial Activities 9,083 Natural Resources & Construction 21,852 Other 150K 140K 130K 120K 110K 100K 90K 80K 2010 2011 2012 2013 2014 2015 2016 2017 2018 138,970 NUMBER OF JOBS Employment Growth Employment by Top Five Industries Employment Job growth in Downtown Denver continues to set new records, with 138,970 jobs downtown. More than 5,490 new jobs were added last year, a robust 4.1% increase that outpaces the metro Denver region (2.6%), Colorado (2.4%), and the nation (1.6%). This growth was driven by gains in 10 of the 11 supersectors in Downtown Denver, with the Education & Health Services and Information sectors reporting the fastest rates of growth (13.6% and 11.5%, respectively) and Professional and Business Services reporting the largest absolute increase in employment (3,058). Additional hiring at existing companies was complemented by the announcement of several major new office tenants downtown— including Fortune 500 company VF Corporation’s decision to move its HQ to Downtown Denver, bringing 800 new jobs—while tech companies like Slack (550 jobs) and Quizlet (300 jobs) chose to expand their footprint beyond Silicon Valley. Denver has the right mix of what we were looking for—access to strong engineering talent and a growing millennial workforce. Matthew Glotzbach, CEO, Quizlet “ Source: Development Research Partners List includes private, for-profit employers only Source: Q3 2018 data, Colorado Department of Labor and Employment, Quarterly Census of Employment and Wages Top 20 Employers Accenture Anadarko Anthem Blue Cross Blue Shield CenturyLink Comcast DaVita Deloitte Encana Ernst & Young Gates Corporation Hyatt Regency KPMG Mortenson Tata Consultancy Services TIAA Transamerica US Bank Vertafore Wells Fargo Xcel Energy 5,492 jobs added in Downtown Denver
Transcript of 5,492 · Job growth in Downtown Denver continues to set new records, with 138,970 jobs downtown....
6 Produced by the Downtown Denver Partnership | downtowndenver.com
44,572Professional & Business Services
25,009Government
21,276Leisure & Hospitality
17,178Financial Activities
9,083Natural Resources & Construction
21,852Other
150K
140K
130K
120K
110K
100K
90K
80K
2010 2011 2012 2013 2014 2015 2016 2017 2018
138,970
NU
MB
ER
OF
JOB
SEmployment Growth
Employment by Top Five Industries
Employment
Job growth in Downtown Denver continues to set new records, with 138,970 jobs downtown. More than 5,490 new jobs were added last year, a robust 4.1% increase that outpaces the metro Denver region (2.6%), Colorado (2.4%), and the nation (1.6%). This growth was driven by gains in 10 of the 11 supersectors in Downtown Denver, with the Education & Health Services and Information sectors reporting the fastest rates of growth (13.6% and 11.5%, respectively) and Professional and Business Services reporting the largest absolute increase in employment (3,058).
Additional hiring at existing companies was complemented by the announcement of several major new office tenants downtown— including Fortune 500 company VF Corporation’s decision to move its HQ to Downtown Denver, bringing 800 new jobs—while tech companies like Slack (550 jobs) and Quizlet (300 jobs) chose to expand their footprint beyond Silicon Valley.
Denver has the right mix of what we were looking for—access to strong engineering talent and a growing millennial workforce.
Matthew Glotzbach, CEO, Quizlet
“Source: Development Research Partners
List includes private, for-profit employers only
Source: Q3 2018 data, Colorado Department of Labor and Employment,
Quarterly Census of Employment and Wages
Top 20 Employers
Accenture
Anadarko
Anthem Blue Cross Blue Shield
CenturyLink
Comcast
DaVita
Deloitte
Encana
Ernst & Young
Gates Corporation
Hyatt Regency
KPMG
Mortenson
Tata Consultancy Services
TIAA
Transamerica
US Bank
Vertafore
Wells Fargo
Xcel Energy
5,492 jobs added in Downtown Denver
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Innovation and EntrepreneurshipRecent Relocations and ExpansionsCompanies that have announced a headquarters relocation, new office, or expansion in Downtown Denver this past year include:
Advanced Energy Industries
Amazon
Checkr
ezCater
Funding Circle
Greenhouse
Guild Education
Gusto
HomeAdvisor
OverWatchID
Slack
talentReef
Udemy
Upserve
VF Corporation
Quizlet
Workiva
Xero
High-Tech Jobs as a Percent of Downtown Employment
Source: Q3 2018 Data, Colorado Department of Labor and Employment, Quarterly
Census of Employment and Wages
9.0%
8.5%
8.0%
7.5%
7.0%
6.5%
6.0%
5.5%
5.0%2010 2011 2012 2013 2014 2015 2016 2017 2018
103%rate of high-tech employment growth in Downtown Denver since 2010
14% year-over-year growth
11,700people employed by high-tech companies in Downtown Denver
89%growth in number of tech companies from 2010 – 2018
8.5%of total downtown employment is in the high-tech sector
724tech businesses in Downtown Denver
120 formed in the last year
Source: WeWork
