Tag: Unemployment
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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…
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Governor’s office touts Colorado’s lower unemployment, higher job growth
Colorado has a strong economy that out performs other states’, according to the Governor’s Office of State Planning and Budgeting. The office released the quarterly economic forecast reoirt Tuesday. It revealed that the labor market in Colorado continues to lead across the U.S. with a lower unemployment rate and higher job growth rate than national…
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Colorado unemployment level drops slightly on strength of education and healthcare jobs growth
Colorado’s unemployment level dropped slightly in November to 3.5%, which caps a year of mostly steady decline from the 4.4% level a year ago, according to the Colorado Department of Labor and Employment Friday. That’s still below the national unemployment rate average of 3.7% last month. A state economist pointed to the strong job growth…
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Colorado unemployment rate rose in October
Colorado’s seasonally adjusted unemployment rate increased slightly to 3.6% in October, according to a report from the Department of Labor and Employment. The last time the unemployment rate increased occurred in August — from 3.3% to 3.4%. The labor force in Colorado increased by 1,900 in October, but the number of individuals who are employed declined…
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Denver employment remains steady and diverse, experts say
Colorado’s unemployment rate, 3.4%, has stayed just lower than the national average, currently 3.5%, for months. Two experts weighed in recently on how Colorado’s economy has passed the recovery phase from the pandemic, and how it seems ready to weather a potential recession storm. The two are Jared Bernstein, a member of President Joe Biden’s…
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Colorado sees flat unemployment rate, signaling a return to normal
Colorado’s unemployment rate remained unchanged in September at 3.4%, the Colorado Department of Labor and Employment reported Friday. The number of unemployed fell by 2,200 from the month before, but the unemployment rate stayed unchanged due to rounding, according to the report. Colorado Springs hotel lodging sees boost in September Ryan Gedney, a senior economist with…
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Colorado unemployment continues downward slide
Colorado’s unemployment rate continued the downward trend it has been on for all of 2022, sliding a tenth of a percentage point to 3.3% in July, the Colorado Department of Labor and Employment reported Friday. That’s the 13th consecutive month of flat or dropping unemployment levels in Colorado. The U.S. unemployment rate dropped to 3.5%…
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Colorado’s economy continues to outshine nation’s — but worries persist
While Colorado’s economy continues to outshine many other states, and the national economy itself, business leaders’ confidence continues its decline “sharply into bear territory,” according to the Quarterly Business and Economic Indicators report for the second quarter. The report is prepared by the University of Colorado Boulder’s Leeds Business Research Division with the Colorado Secretary…
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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…