Tag: Colorado Department Of Labor
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Recent studies warn about businesses packing to leave Colorado
A growing body of research is warning about businesses packing to leave Colorado at a moment when major cities on both coasts are making headlines over departures of corporations and high earners. The studies’ conclusion sits at a crosscurrents with state data, perennially touted by officials, that new business filings are up over last year.…
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Transportation company lays off 100-plus workers across Colorado
A Kansas company with operations in several Colorado cities announced last week it is laying off 104 employees in the state. The company, Lenexa, Kansas-based Hallcon, filed a Worker Adjustment and Retraining Notification with the Colorado Department of Labor and Employment on Thursday . It is unclear what prompted the layoffs, which began last week…
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Colorado’s unemployment rate creeps up to 3.2% in September
Colorado’s unemployment rate has been rising slightly in the past few months, but the state’s top economist has cautioned against reading too far into marginal monthly increases. The state also saw the addition of 1,500 nonfarm payroll jobs in September, but the number of unemployed people rose by 3,600. The latest jobs report from the…
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Colorado unemployment rate remains flat in June, private sector shows stark gains
The state unemployment rate stayed flat anew at 2.8% last month, while the share of Coloradans participating in the workforce stood just shy of pre-pandemic levels. Released Friday, the Colorado Employment Situation report for June 2023 highlighted industry and labor force statistics estimates from the state’s Department of Labor and Employment, and it yielded a…
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Colorado’s unemployment rate holds steady at 2.8%
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The government sector has now returned to pre-pandemic employment levels, the latest jobs report from the Colorado Department of Labor and Employment shows, while the state’s unemployment rate held steady at 2.8% for May. The number of unemployed people rose by 600 from April to May, reaching 90,000, although the unemployment rate remains unchanged. Colorado’s…
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Unemployment rose slightly in February across Colorado
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado’s unemployment rate is on a streak, staying below 3% for 10 consecutive months. The state’s seasonally adjusted unemployment rate rose by one-tenth of a percentage point, reaching 2.9%, in February according to the Colorado Department of Labor and Employment. The number of unemployed individuals…
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Colorado unemployment matches record-low, pre-pandemic level
Colorado’s unemployment rate matched the record-low rate of 2.8% in January, according to the Colorado Department of Labor and Employment. It’s the most recent information available, and was released Monday. That rate remained steady between December and January while the state added 800 new jobs in that time, according to the department, which also released…
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Denver-based Pinnacle Architectural Lighting lays off 150 workers; other companies also shrink
A Denver-based lighting manufacturer is laying off more than 150 employees, state labor officials learned. Pinnacle Architectural Lighting, Inc. told the Colorado Department of Labor and Employment that it is closing a facility at 3801 Havana St., leading to the loss of 151 works. The manufacturer is among several companies that announced mass layoffs recently.…
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Denver-based DCP Midstream to layoff over 130 employees in the spring
Denver-based DCP Midstream, LP, plans to lay off 136 employees, according to a Jan. 25 WARN notice the company sent to the Colorado Department of Labor and Employment and the City of Denver. The company expects the layoffs to be permanent and to start on March 31, according to the letter from Lisa Mora, DCP’s…
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Colorado unemployment rate continues decline
Colorado’s unemployment rate continued to decline at the end of 2022, and remained below the national average, according to a Friday report from the Colorado Department of Labor and Employment. The state’s unemployment rate declined in December to 3.3%. This is a two-tenths percentage decrease since the previous month, equaling a drop of 6,700 people…