Statewide unemployment continues decline, now at 5.4%
DENVER — The statewide unemployment rate in Colorado declined again in October, to 5.4%, as the state continues its recovery from the effects of the COVID-19 pandemic.
Yet many jobs are going unfilled, and nationwide, employers are feeling the effects of what has been called The Great Resignation.
The Colorado Department of Labor and Employment released its October numbers Friday, which showed that seasonally adjusted unemployment fell two-tenths of a percentage point in October. That mirrored the national unemployment rate drop, which also fell two-tenths of a point to 4.6%.
The employment situation, despite the improvement in the…
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