Commerce City, CO - Economic Development
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Colorado has one of the nation’s most educated workforces, ranking third among the 50 states for percentage of residents with a bachelor’s degree or higher.
Commerce City has a labor force of 31,336 people. Eighty-three percent have high school degrees, and 25.1% have bachelor’s degrees or higher.
Workforce Snapshot |
|
---|---|
Labor Force | 31,336 |
No. of Employed | 30,121 |
Total Unemployed | 1,215 |
Unemployment Rate | 3.9% |
Average Annual Wage | $68,120 |
No. of Jobs | 32,602 |
Source: CO Dept. of Labor & Employment - Q3 2022 |
Commerce City is home to over 1,708 companies employing 30,121.
The transportation, warehousing, and utilities sector is the largest employment sector in Commerce City. This is evidenced by the list of top employers.
Commerce City's Largest Private Employers | # of Employees | |
UPS (United Parcel Service) | Global Logistics | 3,282 |
Sturgeon Electric | Electrical Service | 1,523 |
FedEx Ground | Global Logistics | 1,239 |
Shamrock Foods |
Food Service, Distribution/Warehouse |
981 |
FedEx Freight | Global Logistics |
632 |
Liberty Oilfield | Hydraulic Fracking and Engineering Services | 627 |
Q3 Contracting | Construction | 471 |
Suncor Energy | Energy Production | 434 |
Old Dominion | Global Logistics | 378 |
Douglass Colony | Roofing |
202 |
Union Status
Colorado is not a right-to-work state but has a modified right-to-work law. It specifies stringent requirements for inclusion of mandatory union membership in collective bargaining agreements. As a result, actual union membership may be slightly lower than persons covered by collective bargaining agreements. This modified status is unique in the nation.
Workers’ Compensation Insurance
All private and public employers in Colorado, with limited exceptions, must provide workers’ compensation coverage for their employees when they employ one or more full- or part-time staff member(s). Learn more about Workers Compensation insurance in Colorado.
Unemployment Insurance
The new employer standard is 1.7% of each person's wages up to the first $10,000. Learn more about Unemployment Insurance in Colorado.