Economy & Economic Development  July 21, 2023

Colorado jobs market remained healthy in June, unemployment flat

DENVER — Colorado is in the midst of the longest sub-3% unemployment rate streak of the past five years.

The state’s seasonally adjusted unemployment rate remained flat from May to June at 2.8%, according to figures released Friday by the Colorado Department of Labor and Employment.

“June marks the 14th straight month that the state’s unemployment rate has been below 3%,” CDLE principal economist Ryan Gedney said. “That is the longest such streak since the 17-month period spanning late 2016 to early 2018.”

Nationally, the jobless rate fell from 3.7% to 3.6% between May and June.

The non-seasonally adjusted unemployment rate rose in June…

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A Maryland native, Lucas has worked at news agencies from Wyoming to South Carolina before putting roots down in Colorado.
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