Unemployment rate

solar panel, solar workers, Solar Energy International
Solar Energy International

The latest Colorado jobs report shows some communities across the state still struggle with high unemployment. 

State economists say for the past four months, Colorado’s unemployment rate has stayed at 4.2 percent. That figure is still below the national unemployment rate of 5.5 percent.

Alexandra Hall is chief economist for the Colorado Department of Labor and Employment. 

"The labor force in Colorado is continuing to grow and the number of people employed are continuing to grow," Hall says.  

Unemployment, Colorado Department of Labor and Employment
Colorado Division of Reclamation Mining & Safety

On Friday the state released its employment outlook for November.

Colorado's unemployment rate continues to drop. In October it was 4.3 percent and has moved down to 4.1 percent. The last time it was this low was in January of 2008. 

KVNF's Laura Palmisano spoke to Joe Winter, a senior economist with the Colorado Department of Labor and Employment, about the report and what the economy might look like in 2015. 

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Unemployment, Colorado Department of Labor and Employment
Colorado Division of Reclamation Mining & Safety

The state's unemployment rate fell to 5.5 percent in June. It's below the national average of 6.1 percent. 

The Colorado Department of Labor and Employment said the last time the state's unemployment rate was 5.5 percent or lower was October 2008 when the rate was 5.3 percent. 

Nonfarm payroll jobs increased by over 3,000 from May to June to 2,446,800 jobs, according to the department. Colorado has seen 32 consecutive months of payroll job gains. 

The U.S. unemployment rate is the lowest it's been since September 2008. 

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Unemployment, Colorado Department of Labor and Employment
Colorado Division of Reclamation Mining & Safety

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. 

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