Colorado unemployment holds at record-low rate of 2.3%

DENVER BUSINESS JOURNAL - Colorado held steady at its record-low unemployment rate of 2.3 percent in May, the Colorado Department of Labor and Employment reported today.

The state's jobless rate -- lowest in the nation -- remained at a four-decade low dating back to when state record keeping began in 1976.

Colorado's employers added 10,600 non-farm payroll jobs from April to May – significantly up from April, when 1,800 non-farm jobs were added over the previous month, CDLE said in today's report.

The state's private-sector employers added 11,500 jobs – again an increase over April’s gains of 3,600 jobs. Government employers cut 900 jobs, following April’s cuts of 1,800 positions. The state total was 2,645,600 jobs.

Read more at Denver Business Journal.

Copyright 2017 Denver Business Journal


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