Tag: Ryan Gedney
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Colorado’s unemployment drops again, recovers all pandemic job losses
Colorado’s unemployment rate continues its slow but steady decline. June’s household survey found that the state’s unemployment level edged down a tenth of a percentage point to 3.4%, the Colorado Department of Labor and Employment reported Friday. It has been 12 consecutive months of flat or dropping unemployment levels, according to the department. Colorado’s unemployment…
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Colorado unemployment rate drops again in May
Colorado’s unemployment rate fell to 3.5% in May, its lowest level since the pandemic began. And the state’s economy has recovered more than twice as quickly as it did during the Great Recession, the Colorado Department of Labor and Employment announced Friday. May was the 11th month in a row in which Colorado’s unemployment rate either…
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Colorado unemployment rate falls as payrolls surge to record
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Colorado’s unemployment rate fell in February to its lowest level in two years as payrolls surged to a record high, the Colorado Department of Labor and Employment reported Friday. Colorado recovers jobs lost in first months of pandemic The 4% jobless rate, down from 4.2% in January, is the lowest since February 2020, just before…
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Colorado recovers jobs lost in first months of pandemic
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado’s private sector has recovered all of the jobs lost early in the COVID-19 pandemic, according to a report from the Colorado Department of Labor and Employment. Since May 2020, the state has added 370,000 private sector payroll jobs, compared to losses totaling 358,800 in March…
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Colorado unemployment rate falls for fifth consecutive month
Colorado’s unemployment rate fell in November for a fifth consecutive month , the Colorado Department of Labor and Employment reported Friday. The state’s 5.1% jobless rate last month was down from 5.4% in October; it has dropped a full percentage point since July as 30,000 more people held jobs in November than did four months…
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The Great Resignation: Workers are quitting in record numbers. So where are they going?
It has been called the Great Resignation. The Big Quit. The Great Reshuffle. Whatever the name, it’s a stunning transformation in the American workforce as workers quit in unprecedented numbers — some retiring, some retreating until the pandemic is over, some forging a new path. In that last category is Elizabeth Uhlrich of Littleton. She…
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Colorado unemployment rate drops for fifth consecutive month
Colorado’s unemployment rate fell in September for a fifth consecutive month to 5.6%, the Colorado Department of Labor and Employment reported Friday. That’s the lowest rate since the COVID-19 pandemic triggered a stay-at-home order in March 2020 that closed many businesses. Last month’s jobless rate was down from 5.9% the month before and down from 7%…
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Colorado unemployment rate falls to lowest level of pandemic
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado’s unemployment rate fell to 5.9% in August, the lowest level since just before the COVID-19 pandemic triggered a stay-at-home order that resulted in massive job cuts. Last month’s rate was down from 6.1% in July and 7.1% in August 2020 and is the lowest…
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Colorado Springs close to recovering all jobs lost in pandemic
The Colorado Springs economy was just 700 jobs away last month from recovering the jobs lost during the COVID-19 pandemic, according to a recent analysis from the Colorado Department of Labor and Employment. Ryan Gedney, the department’s senior economist, estimates area payrolls totaled 304,000 in July, or 700 fewer jobs than the record 304,700 people…
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Colorado unemployment edges lower but for wrong reasons
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado’s unemployment rate edged lower to 6.1% in July, but only because nearly 3,000 people left the job market and as a result were not counted as unemployed, the U.S. Bureau of Labor Statistics reported Friday. The July jobless rate, which had been 6.2% in…