Colorado unemployment rate decreases to lowest rate since December 2008

Number of participants in labor force also fell

DENVER - Colorado's unemployment rate fell during November, in part because of a decrease in the number of participants in the labor force.

The Colorado Department of Labor and Employment announced Friday that the 6.5 percent rate during November is the lowest in nearly five years.

The largest month-over-month job decreases were in leisure and hospitality and financial services.

Job increases were reported in education and health services, manufacturing and trade, transportation and utilities.

Meanwhile, the number of people participating the in Colorado's labor force decreased by over 5,800 and the number of people reporting themselves as employed increased 2,700.

The national unemployment rate in November was 7 percent.

Print this article Back to Top