Quote:
Originally Posted by TakeFive
It is what it is
I'm confident that the current makeup of the Colorado legislature will encourage more 'middle-market jobs' to go elsewhere. This has largely already been the case. There's reasons why State Farm when siting three regional offices to accommodate 8,000 employees each, picked Arizona, Texas and Georgia. Same can be said for Geico and other back-office jobs in general. Even high flier Apple (whose success follows being notoriously cheap) picked Texas/Austin to expand is now rumored to have closed on land in the RTP (Research Triangle Park) in North Carolina. They're all red states with a 'right to work' mentality. Check out the map for right-to-work states; it looks a lot like the last electoral map (Yes, I'm aware of the recent SCOTUS decision). Even the rust belt, depending on their politics could benefit from companies looking for a better business environment.
Honestly, Denver/Colorado can't absorb lots of those jobs anyway due to various constraints. This impacts a lot of things including housing; it is what it is.
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Colorado might not be a "right to work" state, but its level of unionization has always seemed pretty minimal, at least to me. Googling around, it seems that Colorado's work force is right below 10% unionized, which is right around the national average (and lower than "red states" such as Montana, Kentucky, and West Virginia).
https://www.bls.gov/opub/ted/2017/un...te-in-2016.htm
It does appear that Colorado's numbers are inching up.
https://gazette.com/business/union-m...dea967d2e.html
Still, the areas you mention - Apple, back office support for insurance, seem highly unlikely to be unionized nowadays anywhere. On the other hand Colorado's high cost of living and relatively high wages are certainly going to scare off a lot national employers looking for a low cost base (i.e., the middle-market jobs). I suppose it depends on what a business is looking for.
Forbes' most recent list has Colorado on their Top 10 list of states that are "best for business."
https://www.forbes.com/best-states-f...t/#tab:overall
That might be a fairly meaningless category because it really depends on what "business friendly" things you value most (low taxes? educated work force? low wages? easy access to international markets?).
In any event, I agree with you, Denver and Colorado are nicely situated with a hand in very many different pies (oil and gas, technology, defense/space, bio-med, financial services, tourism), even though we can't claim to run a pie shop in any one particular area.