Colorado unemployment rate dips to 7.9%
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.
SPONSORED CONTENT
Business Cares: May 2024
As Mental Health Awareness Month unfolds in Colorado, it serves as a reminder of the collective responsibility to prioritize mental well-being.
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.
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…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!