Pueblo, Colorado Overview Pueblo, Colorado has several features that distinguish it from the rest of the state. It has ...
Pueblo, Colorado Overview
Pueblo, Colorado has several features that distinguish it from the rest of the state. It has the lowest residential real estate prices of any Colorado town. Pueblo Job Opportunities grow out of a robust manufacturing sector that relies on steel production. Steel is such an important part of the local economy that it is nicknamed Steel City.
Pueblo is a crucial city in the Front Range Urban Corridor, a region that runs along the Southern Rocky Mountains.
While Colorado has a price of living index equal to the national average, Pueblo residents can expect to spend considerably less on things such as housing, utilities, goods, and services. Overall, Pueblo has a 72 cost of living index that's about 23 percent less expensive than Colorado and the U.S. This low cost of living primarily comes from affordable housing. Housing in Pueblo is 50 percent cheaper than the national average and about 55 percent cheaper than the state average.
The only index that matches the national average is the cost of transportation in Pueblo. None of Pueblo's indices exceed the national average.
Pueblo Job Opportunities
Top employers in Pueblo include:
- Parkview Medical Center
- St. Mary-Corwin Medical Center
- Evraz, a steel company based in London
- Convergys Corporation, a company that provides customer management services
Although many people rely on the steel industry healthcare jobs in Pueblo have gained popularity. Corporate services targeting companies around the world also create a variety of jobs in Pueblo, CO.
Pueblo Employment Trends
Pueblo has a recent job growth rate of 1.55 percent, which is nearly .4 percent higher than the U.S. rate. Between 2014 and 2024, jobs should grow by about 33.9 percent. That's good news for a city that had a 10.6 percent unemployment rate in February 2014. Growth has already had a positive impact on Pueblo, CO jobs. In July 2014, the unemployment rate had fallen to 8.6 percent. That's still about three percent higher than the state and national rates, but it's a welcome improvement.
Most Pueblo jobs will likely come from administrative support, which provides employment to about 28 percent of the city's population. Management, business and finance should also add more jobs in Pueblo.
Those who cannot find employment in Pueblo may want to look for jobs in Colorado Springs and other nearby towns. Colorado Springs historically has a lower unemployment rate that often attracts workers from surrounding towns.