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This report identifies and explores possible grounds for, and consequences of, skills gaps in Colorado’s labor market. Imbalances between job openings and job applicants are neither new nor largely unique to Colorado. Every state examined in this report suffers longstanding labor supply/demand imbalances, including gaps between the skill requirements of high-paying jobs and the skills of applicants actively seeking employment. The pandemic made some gaps worse by changing the demand for and supply of many specific skills.