Economy & Economic Development  April 21, 2023

Boulder Valley, Northern Colorado counties see continued historically low unemployment

DENVER — Despite grumblings about a potential slowdown in the national economy later this year, the job market in Colorado continues full steam ahead.

The Centennial State’s seasonally adjusted jobless rate fell one-tenth of a percentage point from February to March to 2.8%, outpacing the national March rate of 3.5%, according to figures released Friday by the Colorado Department of Labor and Employment.

“Colorado’s unemployment rate has been below 3% for 11 consecutive months and remains at pre-pandemic levels,” CLDE said. 

In March, the number of unemployed Coloradans fell by 1,700 to 91,000 and the labor force participation rate rose slightly to 68.5%.

“The…

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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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