We find ourselves in the middle of one of the greatest wealth transfer periods of all time. Those with wealth must decide whether they want to make transfers, and if they do, they must decide how much, to whom, when and in what structure?
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Of the jobs added, 8,500 of them occurred in the private sector, with the remaining 100 occurring in government.
The national unemployment rate decreased the same amount as the Colorado rate, also to 7.9 percent.
Over the year, the Colorado unemployment rate declined two-tenths of a percentage point from 8.1 percent in October 2011. Nationally, the rate declined from 8.9 percent in October 2011.
In Colorado, the largest over-the-month private sector gains were made in the categories of professional and business services, education and health services, trade, transportation and utilities and manufacturing.