Unemployment rates in August drop throughout region

DENVER — The unemployment rates in Boulder and Larimer counties dropped below 2 percent in August, and they were slightly above that mark in Broomfield and Weld counties, according to the Colorado Department of Labor and Employment’s monthly jobs report.

Larimer County’s rate dropped to 1.8 percent, down from 2.1 percent in July and 2.8 percent in the same month a year ago. The county had 196,939 people employed with 3,708 looking for work.

The jobless rate in Boulder County for August was 1.9 percent, down from 2.2 percent in July and 2.8 percent in the same month a year ago. The report said 184,079 people had jobs in Boulder County, while 3,627 were looking for work.

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Weld County’s unemployment rate was 2.1 percent in August, down from 2.4 percent in July and down from 3.4 percent in August of last year. The county had 153,256 people working, with 3,259 seeking work.

The unemployment rate in Broomfield County for August was 2.1 percent, down from 2.4 percent in July and lower than the 2.9 percent recorded in August of last year, The county had 37,294 people employed with 784 looking for work..

Statewide, according to the survey of households, the unemployment rate was unchanged from July to August at 2.4 percent. The number of people actively participating in the labor force increased 9,800 over the month to 2,992,400 and the number of people reporting themselves as employed increased 8,000 to 2,919,800, causing the number of unemployed to increase 1,800. The unemployment rate was unchanged from July at 2.4 percent due to rounding.

The national unemployment rate increased one-tenth of a percentage point in August to 4.4 percent.