Friday, October 22, 2010

Colorado Job Rate September 2010

Colorado Unemployment Rate grew from 8.1 to 8.2 Percent in September 2010.

News from Colorado Department of Labor and Employment:

Colorado’s seasonally adjusted unemployment rate increased one-tenth of one percentage point to 8.2 percent in September from the revised August rate of 8.1 percent, according to Donald J. Mares, Executive Director of the Colorado Department of Labor and Employment.

“Colorado’s economy remains relatively flat,” Mares said. “We have not seen the economic jumpstart that everyone is eager to see and these last several months have underscored the fact that little activity is an expected part of a slow recovery process. We are hopeful that upcoming seasonal hiring may have a positive impact in the months ahead.”

The number of working Coloradans rose 1,600 over the month to 2,441,500. The civilian labor force increased 4,000 to 2,660,400. The number of residents unsuccessfully looking for work increased 2,400 over the month to 218,900. One year ago, total employment was 2,469,500 and the number of unemployed was 206,500. The civilian labor force has declined 15,600 since September 2009.

The unemployment rate (not seasonally adjusted) increased in 28 of Colorado’s 64 counties, decreased in 24 and was unchanged in 12. The lowest rate was 3.2 percent in Cheyenne County and the highest was 14.9 percent in Dolores County. In September 2009, the unemployment rate declined in 52 counties, rose in 9 and remained unchanged in 3. Last year, the lowest rate was 2.1 percent in Cheyenne County and the highest was 13.6 percent in Dolores County.



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