Metro Denver's unemployment rate down again, construction jobs added

DENVER BUSINESS JOURNAL - Metro Denver joins just a handful of 51 metropolitan cities across the country with an unemployment rate below 3 percent.

With a labor force of 1.55 million, the metro Denver area unemployment rate dropped to 2.9 percent in September, which is down from 3.2 percent in August. And even at 3.2 percent, metro Denver and Salt Lake had the lowest unemployment rate in August, according to the Bureau of Labor Statistics' September report. Riverside, California had the highest rate in August at 6.6 percent.

Metro Denver makes up about 55 percent of the state's employment. The 2.9 percent unadjusted jobless rate in the Denver metro area is for 10 counties and includes the cities of Denver, Aurora, Lakewood, Broomfield and Centennial, but not Boulder.

The latest data was released Friday from the Colorado Department of Labor and Employment and shows that in Denver County alone, the unemployment rate was 2.9 percent in September, down from 3.2 percent.

Read more at the Denver Business Journal: http://bit.ly/2eCjo2U

(© 2016 American City Business Journals. All rights reserved.)


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