Statewide sick leave law would cost Colorado jobs, study says
If Colorado were to implement a statewide paid-sick-leave law, it could cost the state 14,000 jobs and $1.93 billion in reduced economic output over four years, according to a study by the National Federation of Independent Businesses.
No such statewide proposal exists. However, a municipal paid-sick-leave ordinance will appear on the Denver ballot in November.
An NFIB official said the federation did not calculate projected impacts of the Denver ordinance but chose to estimate statewide impacts in the event that a paid-sick-leave law is proposed for Colorado.
Opponents of the Denver ordinance said they are attempting to extrapolate Denver data from the Colorado projections.
The NFIB said a statewide law would result in increased compensation costs for employers, lost productivity and added paperwork. In response, the Denver-based Bell Policy Center cited research from San Francisco's 2007 paid-sick-leave ordinance, in which six out of seven employers reported no negative impact on profitability.
– Steve Raabe, The Denver Post