unemployment rate
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Colorado’s job recovery lags behind neighboring states
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While Colorado has out-performed the majority of states, it lags behind its neighbors in recovering jobs lost during the pandemic. Four Western states – Arizona, Idaho, Texas and Utah – already recovered all the jobs they lost at the onset of the COVID-19 pandemic. Colorado, by contrast, has regained 335,500 of the 375,800 jobs lost between…
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Polis touts jobs gains, decline in Colorado’s unemployment rate
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Colorado’s unemployment rate fell under 5% for the first time since the global COVID-19 pandemic forced countries to shut down borders and adopted drastic measures to curb its spread, including closing down gyms, restaurants and other public places. The bulk of those restrictions, including several that the Polis administration adopted at the early stage of…
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Colorado unemployment rate falls for fifth consecutive month
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Colorado’s unemployment rate fell in November for a fifth consecutive month , the Colorado Department of Labor and Employment reported Friday. The state’s 5.1% jobless rate last month was down from 5.4% in October; it has dropped a full percentage point since July as 30,000 more people held jobs in November than did four months…
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Get used to low unemployment rates — thanks to the federal tax cuts
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Friday’s jobs report from the Bureau of Labor Statistics shows the national unemployment rate is 3.8 percent, the lowest rate this century. Colorado’s is even better at 2.9 percent. Even the best forecasters couldn’t have predicted such a strong labor market six years ago when the unemployment rate was twice this level. Currently there are 6.6 million unfilled jobs across the nation,…
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Denver’s everyman mayor: Michael Hancock’s big agenda
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Michael Hancock is a mayor on a mission. It’s the Friday before the election, and Hancock is promoting a once-in-a-decade, $937 million bond package filled with hundreds of projects to maintain and improve Denver’s transportation, public safety and cultural infrastructure. After a stop at a Spanish-language radio station to pitch the ballot questions, he tours…
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Colorado’s unemployment rate drops to 2.6 percent, lowest in four decades
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Colorado’s unemployment rate dropped to 2.6 percent in March, making it the lowest in the country, the Colorado Department of Labor and Employment reported Friday. It was also the lowest rate the state has recorded since 1976, when officials started keeping track. The rate dropped 0.3 percentage points from February’s 2.9 percent unemployment rate, reflecting…
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Denver City Council starts 2017 budget review
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Denver City Council members started a more than two-month-long city budget review process Monday with explanations from Mayor Michael Hancock’s administration about how they developed the proposed $1.9 billion spending plan for the coming year. In a council work session, chief financial officer Brendan Hanlon said the budget assumes Denver’s economy will continue to grow,…
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Solid US hiring in July added 255,000 jobs and lifted pay
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U.S. employers added a healthy 255,000 jobs in July, a sign of confidence in the economy that will likely ease concerns about signs of weak growth in the midst of the presidential race. The unemployment rate remained a low 4.9 percent, the government said Friday in its monthly jobs report. Many more Americans began looking…
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Hullinghorst: Without fanfare, divided chambers achieved a great deal
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Some have argued this was a do-nothing legislative session. While some of the bigger, flashier items did not get through both chambers, with less fanfare, we did in fact achieve a great deal. Our bipartisan workforce development package included a paradigm-shifting program to get industries more involved in classroom education, a program to incentivize school…
