Tag: Bureau Of Labor Statistics
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Colorado gained jobs in April, but workforce participation lowest since August 2020
Colorado added 11,800 jobs in April even as the state’s unemployment rate remained unchanged, the Colorado Department of Labor and Employment reported Friday. Private sector payroll jobs increased by 12,000 while government jobs decreased by 200, the department said. The jobless rate remained at 3.9%, below the national rate of 4.3%. Last year, the state…
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Colorado saw more jobs last month, as unemployment across U.S. rose slightly
During a month that saw U.S. unemployment rise marginally, Colorado saw its own unemployment rate drop to 4.2%, with another 4,200 Coloradans joining the workforce, according to the latest tally by the state’s Department of Labor and Employment. A household survey by the agency calculated 64.6% of the state’s age-16-plus population was on the job…
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Denver inflation continues to cool
Metro Denver was tied for the second-lowest inflation rate for U.S. metros.
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Colorado recorded 72,000 jobs fewer than earlier report, revisions show
Colorado’s job estimates were off 2.5%, highest in nation
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Denver leads U.S. in lower inflation. But can it stay in the sweet spot?
After years of surging prices, Denver’s inflation rate is showing signs of normalcy. Denver-Aurora-Lakewood’s annual inflation rate hit 1.9% in July and was the lowest among 12 metropolitan regions, according to federal data released Wednesday. The U.S average hit 2.9%. The national inflation rate is causing excitement because it’s the first time the country’s rate…
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A paradox: Colorado job growth ‘cools,’ even with robust business filings, job openings
“It appears that the economy is continuing to operate at a particularly good level but there are some, I don’t know, warning signs that are out there,” an economist says
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Denver’s minimum wage increases Jan. 1, city auditor advises awareness
Denver’s minimum wage will increase from $15.87 per hour to $17.29 per hour starting Jan. 1. The city’s minimum wage is adjusted annually based on calculations made at the Department of Finance. The $1.42 increase translates to a raise of almost 9% according to City Auditor Timothy O’Brien, and is a response to rising prices…
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Colorado minimum wage to increase by $1.09 in 2023
The Colorado Department of Labor and Employment hiked the state’s hourly minimum wage rate $1.09 to $13.65 starting Jan. 1, according to a news release. The department, with the state’s Division of Labor Standards and Statistics, raised the existing $12.56 minimum wage 8.68% according to a formula laid out by the state’s Constitution. The minimum…