Region’s unemployment rates take healthy July dips

Unemployment rates dipped across the four-county region in July, with Boulder and Weld counties each seeing theirs decline by half a percentage point from June.

The drops came as the state of Colorado as a whole saw its rate decline one-tenth of a percentage point to 4.3 percent.

The figures come from the Colorado Department of Labor and Employment’s monthly survey of households.

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After climbing four-tenths of a point to 4.6 percent in June, Weld County’s jobless rate dropped to 4.1 percent in July. The county had 143,781 people employed and 6,136 looking for work.

Boulder County’s rate dropped to 3.3 percent, down from 3.8 percent in June and down from 4.2 percent from July 2014. There, 168,835 people were employed, with 5,846 looking for work.

Larimer County unemployment fell from 3.8 percent in June to 3.4 percent in July, a decrease of eight-tenths of a point from a year earlier. Larimer had 6,088 people looking for work and 174,224 employed.

Broomfield County’s rate also dropped four-tenths of a point from June to July, falling to 3.5 percent. That was down from 4.2 percent the year before, with 32,699 people employed and 1,190 looking for work.

Colorado as a whole added 2,200 nonfarm payroll jobs in the month to bring the state’s total to 2,517,300. That’s up 50,200 from a year earlier. For the month, private-sector jobs increased by 3,300, while government jobs decreased by 1,100.

The state’s unemployment rate was down from 4.8 percent a year earlier. Nationally, the unemployment rate was unchanged from June to July at 5.3 percent, but was down from 6.2 percent a year earlier.