During the one-year period that ended this September, localemployment growth grew by only 0.7%, down from 2.1% a year ago.Gateway, Delta, Iomega, Starwood Hotels, Novell and 3 Com are amongthe companies cutting jobs, the Rocky Mountain Region reportnotes.

In addition, major construction jobs have been completed,cutting nearly 3,000 jobs.

"Slower job growth is contributing to a sluggish real estatemarket," Hendricks & Partners says.

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