Colorado employers added 4,500 jobs in June

DENVER – Employers in Colorado added 4,500 nonfarm payroll jobs from May
to June, according to the latest survey of business establishments by
the Colorado Division of Labor and Employment.

The government
sector declined by 2,600 payroll jobs and the private sector added 7,100
during the month. The largest private sector job gains were in leisure
and hospitality, financial activities, and professional and business
services. The largest decline was in manufacturing.

That pushed
the statewide unemployment rate down by two-tenths of a percentage point
to 8.5 percent, based on household survey results. This is the fourth
consecutive monthly decline in the unemployment rate.

SPONSORED CONTENT

Water Wars: Thornton’s struggle and triumph in obtaining Pipeline Permits

Lyons Gaddis understands the complexities and challenges of water and real estate law. This case illustrates an important principle of building water projects: “It never gets easier.”

However,
in March, April and May the decline was due to an increase in total
employment. In June, the state’s labor force decreased by 10,500 and
total employment decreased 5,800, causing the number of unemployed to
drop 4,800 and the unemployment rate to decline.

The statewide
unemployment rate is down three-tenths of a percentage point from 8.8
percent in June 2010. The number of Coloradans participating in the
labor force declined 7,700, total employment increased 1,800 and the
number of unemployed decreased 9,600.

In Larimer County, the
unemployment rate for June, not seasonally adjusted, was 6.9 percent, up
from 6.6 percent in May, but down from 7.3 percent in June 2010.

In Weld County, June’s rate of 10.1 percent is up from May’s 9.3 percent but down slightly from last year’s 10.2 percent.

Seasonally adjusted figures are scheduled to be released by the CDLE in about two weeks

The
national unemployment rate declined from 9.5 to 9.2 percent from June
2010 to 2011, but increased from 9.1 to 9.2 percent between May and
June, according to the U.S. Bureau of Labor Statistics.