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Workforce

Castle Rock is an ideal location for business within Colorado. It is located on I-25 between Colorado’s two largest cities: Denver and Colorado Springs. It is an easy drive to and from either city, making it possible to attract workers from either area and service either area.

Castle Rock has a well-educated, experienced, and diverse work force. A July 2007 Workforce Study found that 87 percent of the workforce has at least some college or post secondary training; 52 percent has a bachelor’s degree or higher. While most residents are employed in white collar occupations, fewer than 10 percent work in any one industry and 31 percent work in jobs or industries that would be considered "high-tech".

In total, 158,000 people make up the Douglas County labor force. The Castle Rock workforce is estimated to be between 14,793 and 18,576 depending upon what household count is used (Town, DRCOG, or ESRI). 80 percent of all households have at least one wage earner; 62 percent have two or more. 11 percent of households have someone who is not currently working who would be willing to take a full-time or part-time job if available in Castle Rock.

Many of those living in Castle Rock currently commute outside the county to work. Nearly 69 percent of commuters would prefer to work in Castle Rock and 27 percent would consider taking a 10 percent pay cut to do so. 49 percent of employed Castle Rock residents work in the metro Denver area and 8 percent work in the Colorado Springs area.

43 percent of employed Castle Rock residents work in Castle Rock, including 12 percent who work at home. Roughly 60 percent of those who work from home have a home-based business; 40 percent telecommute. Castle Rock has more than 1,500 home-based businesses. 12 percent of the people surveyed had a home-based business in addition to other jobs. Those who work in Castle Rock are more likely to be self-employed or work in sales, support, education, retail, or service industries. They are also more likely than commuters to work part-time, be over 55 years old, have less experience or education, and earn less.

Castle Rock has been ranked No. 1 in Job Growth by CNN Money Magazine in its 2005 report on the best places to live. The report shows that Castle Rock has seen a 244 percent increase in jobs since 1990.

Job Training Programs: Colorado FIRST / Existing Industry Customized Training Programs

The Colorado First and Existing Industry grants are jointly administered by the Colorado Office of Economic Development & International Trade (OEDIT) and the Colorado Community College System (CCCS).

Colorado First grants are for companies that are relocating to Colorado or existing companies that are undertaking a major expansion.

Existing Industry grants are designed for Colorado companies that are implementing new technology to remain competitive and keep jobs in Colorado. Approved training is for transferable job skills that support both the company's economic competitiveness by re-training its workers in new skills, while enhancing the workers' resumes and long-term employment opportunities.


 

Castle Rock Economic Development Council
18 S. Wilcox Street, Suite 202  |  Castle Rock, CO  80104
303.688.7488  |  info@CastleRockEDC.com