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What is the main industry in Ridgway?
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What is the main industry in Ridgway?
I know Ridgway used to be primarily a ranching town; is it still this way, or have other industries taken the place of farming and ranching?
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Up until 2009 almost half of the male residents were involved in construction of some sort. When the economy took a nose dive many of those in construction were laid off, and like many areas of the country the unemployment rate skyrocketed. In Ridgway in 2008 the unemployment rate was 3.5% but that climbed to 7.7% by 2011. Accommodation and food services does account for a large part of the industry here and that seems to have taken a hit, but not quite as hard. The unemployment rate in Ridgway is showing a slight decline and is at 6.4% now.
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