Tag: 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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More teens working in Colorado, U.S. than before the start of COVID-19 pandemic
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save School is out for summer and that means teens aren’t only looking forward to warmer weather and vacations, but also summer jobs. And they’ll have plenty of company. In 2021, 32% of teens ages 16 to 19 were participating in the nation’s workforce, while 39.6%…
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Colorado unemployment rate drops again in April, matches national rate
Colorado’s unemployment rate continued to improve last month, another sign of job market resiliency as private businesses and the state economy regain their footing after a recession triggered by the COVID-19 pandemic two years ago, according to a report Friday by the state Department of Labor and Employment. The state’s jobless rate dipped to 3.6%…
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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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Report: Colorado economy in ‘recovery mode’
Colorado’s employment will recover to pre-pandemic levels this year, with some industries already fully recovered, and the state’s inflation rate remained lower than the national average last year, according to the Colorado Secretary of State’s Quarterly Business & Economic Indicators report for the fourth quarter of 2021. “The state is in recovery mode,” according to…
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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 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…
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Colorado outpacing the U.S. in pandemic job recovery, ends historic run
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save New weekly unemployment claims in Colorado fell below pre-pandemic levels for the first time in more than 68 weeks. The Colorado Department of Labor and Employment report for the week ending July 24 shows there were 3,317 regular initial unemployment claims filed, plus 1,119 more…
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Colorado’s unemployment rate unchanged, higher than U.S. rate
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado’s unemployment rate for June stayed the same from May at 6.2%, the Colorado Department of Labor and Employment reported Friday. That’s higher than the national rate of 5.9%. But it still remains the lowest level since March 2020, when the COVID-19 pandemic shut down…
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Where are the Colorado job applicants?
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Customers are returning to Colorado restaurants, bars, retail shops and other businesses, but they may not have anyone to take their order and serve them, help them find merchandise or take their payment. That’s because many businesses in the state’s service sector are struggling to…