Economy & Economic Development  July 22, 2016

Unemployment rose across region in June

Unemployment rates across the region ticked upward from May to June, with Weld County seeing an increase of six-tenths of a percentage point.

The latest figures come from the Colorado Department of Labor and Employment’s monthly report released Friday morning. The report measures unemployment rates through a survey of households, while the total number of jobs in the state is measured through a survey of business establishments.

Weld County’s unemployment rate in June was 4.2 percent, up from 3.6 percent in May, though it was still slightly below the mark of 4.3 percent in June of 2015. The county had 145,865 people employed and 6,404 looking for work.

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The unemployment rates in Boulder and Broomfield counties both increased by half a percentage point from May to June, while the rate in Larimer rose four-tenths of a point.

Boulder’s unemployment rate was 3.4 percent in June, down from 3.5 percent a year earlier. The county had 175,230 people employed and 6,203 seeking work.

Larimer mirrored Boulder at 3.4 percent, down one-tenth of a point from last year. The county had 6,426 people looking for jobs and 180,894 employed.

In Broomfield County, June’s jobless rate hit 3.6 percent, even with a year ago. The county had 34,582 people employed and 1,297 out of jobs.

Colorado as a whole also saw unemployment rise from May to June, from 3.3 percent to 3.7 percent. The state added 5,000 nonfarm payroll jobs during the month, bringing the state’s total to 2,598,700. The private sector gained 5,100 jbs, led by construction, professional and business services, and trade, transportation and utilities. The largest private-sector decline came in leisure and hospitality. The government sector, meanwhile, lost 100 jobs.

The state’s June unemployment rate was still two-tenths of a point lower than last year.

Nationally, unemployment hit 4.9 percent, up two-tenths of a point from May but down four-tenths of a point from last year.

Unemployment rates across the region ticked upward from May to June, with Weld County seeing an increase of six-tenths of a percentage point.

The latest figures come from the Colorado Department of Labor and Employment’s monthly report released Friday morning. The report measures unemployment rates through a survey of households, while the total number of jobs in the state is measured through a survey of business establishments.

Weld County’s unemployment rate in June was 4.2 percent, up from 3.6 percent in May, though it was still slightly below the mark of 4.3 percent in June of 2015. The county had 145,865 people…

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