Colorado's unemployment rate lowest in 4 decades

DENVER BUSINESS JOURNAL - Colorado posted its lowest unemployment rate in 41 years of record keeping in March, at 2.6 percent, the Colorado Department of Labor and Employment reported today.

The state's jobless rate decreased three-tenths of a percentage point in March from the month before as 19,500 more Coloradans counted themselves as employed in a survey of households, CDLE said.

Yet a separate survey of Colorado employers showed non-farm payroll jobs unchanged from the previous month, at 2,634,400, following a string of monthly increases. That survey does not count self-employed people or farm laborers.

CDLE today released results from two measures of Colorado employment, the results of which often differ:

-A poll of the state's employers on payroll jobs. That survey does not include self-employed people and farm workers.

-And a survey of Colorado households, which does include those categories. The household survey is used to estimate unemployment and the labor force.

Read more at the Denver Business Journal: http://bit.ly/2otOP3D

Copyright 2017 Denver Business Journal


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