State jobs surpass pre-recession levels
Colorado has recovered all of the jobs it lost during the Great Recession, state economists said.
At the same time, the state continues to see substantial revenues, to the tune of more than $1.1 billion, allowing it to restore some of the billions of dollars in cuts lawmakers have made to cope with the recession, economists told the Legislature’s Joint Budget Committee this morning.
Meanwhile, the national economy, though growing, remains sluggish. They said any unexpected shock to the economy, such as too quick a recovery that could bring on inflation, could result in a new recession.