Colorado Unemployment Falls To 6%, Lowest Since Nov. 2008

May 16, 2014

Unemployment continues to drop in Colorado. 

The state’s unemployment rate is at its lowest point in about five in a half years, according to the Colorado Department of Labor and Employment. The unemployment rate for April was 6 percent. The last time is was 6 percent or lower was November 2008 when the rate was 5.7 percent. 

Colorado's unemployment rate dropped to 6 percent in April, lowest since its been since Nov. 2008.
Credit Colorado Division of Reclamation Mining & Safety

“Our labor force in Colorado is at its highest point the history of [the state]," said Alexandra Hall, the department's chief economist. "This is good news because people are seeing economic condition improve and they’re returning to the labor force.”

The state has had 30 consecutive months of payroll job gains, Hall said.  Nonfarm payroll jobs increased by 13,900 from March to April of this year.  Unemployment rates do remain higher than state’s in Montrose County at 7.9 percent and Delta County at 6.8 percent.