Colorado’s jobless rate unchanged in November
BRIAN SNYDER
Colorado’s unemployment rate didn’t budge in November, remaining at 3.3%, the Colorado Department of Labor and Employment reported Thursday.
Colorado’s labor force rose by 2,700 last month to 3,249,700, the agency reported. The number of unemployed, meanwhile, grew by 1,900 over the same time period to 107,900.
Colorado’s unemployment rate remains below the nation’s; the national unemployment rate decreased two-tenths of a percentage point to 3.7% from October to November.
Other details from Thursday’s monthly report:
• Employers in the state shed 700 nonfarm payroll jobs in November. Private sector payroll jobs decreased by 2,100, while government added 1,400 jobs. Since November 2022, nonfarm payroll jobs have increased by 31,100, with the private sector adding 11,700 jobs and government 19,400. The state’s rate of job growth over the year is 1.1%; that trails the U.S. rate of 1.8%.
• Over the year, the average workweek for Colorado employees on private nonfarm payrolls rose from 33.1 to 33.5 hours; average hourly earnings grew from $35.35 to $36.93, above national average hourly earnings of $34.10. The payroll data comes from a survey of employers, while the employment rate is compiled from a survey of households.




