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In the Roaring Fork region (Aspen to Parachute,) many industries such as construction, hospitality, retail, and restaurants depend upon Latino labor. With the workforce in Garfield County around 29,400 and an unemployment rate hovering a little over 3%, the loss of undocumented workers could be detrimental to conducting business in the valley.
In a region where "starter" single-family homes are selling for $350,000 and rents for two bedroom apartments-when you can find them-can range $1200-$2,000/mo, it is hard to recruit workers from other locales. In the July 10th Post Independent newspaper, there were 230 ads for employment alone. Many included multiple listings. Thus, any decrease of Hispanic labor would force many businesses to curtail hours of operation or eliminate services.
In theory, a crackdown on undocumented workers could also affect the production of natural gas. The oil and gas drilling around Rifle is very reliant upon the local construction industry, which in turn, is very dependent upon Hispanic labor. Last week, while testifying before legislators in special session, Glenwood Springs contractor, Mark Gould, substantiated the fear of losing workers under harsher immigration laws, fearing it could cause the construction industry to falter.
Bringing up the immigration debate may be the political hot button in Colorado for the day, but the real economics of removing undocumented workers from the workforce could ripple all the way to your thermostat.
FDIC state profiles-Summer 2006
http://www.fdic.gov/bank/analytical/stateprofile/Dallas/CO/CO.xml.html
So far during the special session, it has seemed that Buescher and Owens have gone out of their way to step on each others toes--especially during the JBC hearing with state department heads. Buescher was Gail Schoettler's running mate in the tight race against Bill Owens in 1998.