Economy & Economic Development  August 18, 2023

Colorado, regional unemployment ticks up but remains low

DENVER — The unemployment rate in July was up in Colorado and each of the four counties in the Boulder Valley and Northern Colorado but remained below or near the national jobless rate. 

Colorado’s seasonally adjusted unemployment rate was up one-tenth of a percentage point from June to 2.9% last month. The national rate also increased one-tenth of a percentage point to 3.5% during that period, according to data released Friday by the Colorado Department of Labor and Employment.

“The number of unemployed individuals grew by 3,300 over the same time period to 95,000. Colorado’s unemployment rate has been below 3.0 percent…

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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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