Colo. unemployment rate rises slightly

The unemployment rate in Colorado increased one-tenth of 1 percent in June, rising to 8.2 percent, the state said Friday.

The increase was caused by a rise in the number of people actively participating in the labor force without a corresponding increase in the number of people reporting their status as employed.

Nonfarm payroll jobs decreased 6,900 from May to June for a total of 2,284,400 jobs, according to the state’s survey of business establishments. Private-sector payroll jobs declined 5,200 and government decreased 1,700.
The largest month-to-month private-sector job gains were in information. The largest declines were in manufacturing, construction, and education and health services.
Year-over-year, the unemployment rate is down two-tenths of 1 percent from 8.4 percent in June 2011.

The number of Coloradans participating in the labor force has increased 23,900 since last June, total employment increased 26,100 and the number of unemployed decreased 2,200.
Nationally, the unemployment rate declined from 9.1 percent in June 2011 to 8.2 percent this June.


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