In current economic conditions, the overall effect of a declining workforce is probably one of declining overall household earnings.
The next graph shows the labor force for each month of each year. This helps us see past any seasonal issues. In this case, we see that the labor force was at a three-year low when compared to other Decembers. The labor force in December 2013 was smaller than both December 2012 and December 2011, but remains well up from December 2010.
Overall December's Household Survey suggests some ongoing weakness in the Colorado Springs job market.