Economy & Economic Development  May 19, 2017

Unemployment rate for April dips below 2% in Boulder, Larimer counties

DENVER — The estimated unemployment rate in Boulder and Larimer counties dipped below 2 percent in April, while the rate in Broomfield and Weld counties also declined, according to a report released Friday by the Colorado Department of Labor and Employment.

The report is based on a monthly survey of households and is not adjusted for seasonal workers.

Statewide, the unemployment rate decreased three-tenths of a percentage point in April to 2.3 percent — the lowest unemployment rate for Colorado since the reports began in 1976.

The number of people actively participating in the state’s labor force increased 12,100 over the month to 2,945,300, and the number of people reporting themselves as employed increased 19,500 to 2,876,900, causing the number of unemployed to decrease 7,300 and the unemployment rate to decline to 2.3 percent.

Boulder County’s 1.8 percent unemployment rate in April was down from 2 percent in March; Larimer County, 1.9 percent, down from 2.1 percent; Broomfield County, 2 percent, down from 2.3 percent; and Weld County, 2.1 percent, down from 2.4 percent.

Boulder County had 183,847 people employed in April, with 3,398 looking for work, according to the report.

Larimer County had 190,356 people employed and 3,588 looking for work.

Broomfield County had 36,478 people employed and 763 looking for work.

Weld County had 150,385 people employed and 3,148 seeking jobs.

The national unemployment rate decreased one-tenth of a percentage point in April to 4.4 percent.

 

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