unemployment
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Colorado economy in recovery mode, but mixed signals persist, report says
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Despite a series of mixed or muddled messages, Colorado’s economy remains in strong recovery mode with the number of jobs here exceeding pre-pandemic levels, unemployment continuing to decline and strong gross domestic product growth, according to a report released Tuesday. The Quarterly Business and Economic Indicators report covers the first quarter of 2022 and is…
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Colorado unemployment rate falls again in March
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Colorado’s unemployment rate tumbled again in March as the state’s economy continues to recover from the COVID-19 pandemic. The rate slid to 3.7%, down from 4% in February, the Colorado Department of Labor and Environment reported Friday. That’s the lowest level since 2.8% in February 2020, right before the pandemic cratered many industry sectors, forcing mass…
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Colorado unemployment rate falls as payrolls surge to record
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Colorado’s unemployment rate fell in February to its lowest level in two years as payrolls surged to a record high, the Colorado Department of Labor and Employment reported Friday. Colorado recovers jobs lost in first months of pandemic The 4% jobless rate, down from 4.2% in January, is the lowest since February 2020, just before…
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Colorado recovers jobs lost in first months of pandemic
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Colorado’s private sector has recovered all of the jobs lost early in the COVID-19 pandemic, according to a report from the Colorado Department of Labor and Employment. Since May 2020, the state has added 370,000 private sector payroll jobs, compared to losses totaling 358,800 in March and April 2020 that were triggered by a stay-at-home state…
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Colorado economic indicators report shows strong jobs growth, price hikes
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Colorado’s employment will recover to pre-pandemic levels this year, with some industries already fully recovered, and the state’s inflation rate remained lower than the national average last year, according to the Colorado Secretary of State’s Quarterly Business & Economic Indicators report for the fourth quarter of 2021. “The state is in recovery mode,” according to…
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Audit says state has done little to recover $73 million paid out in fraudulent unemployment claims
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The Department of Labor and Employment (CDLE) may have paid out $73.1 million in potentially fraudulent claims during the first 14 months of the pandemic and has done little to resolve those fraudulent claims, including recovering the money, an audit released Monday said. But the department’s lack of effective processes also meant that the majority…
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Pandemic unemployment doubles in one week; regular unemployment hits 6-month high
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Colorado’s unemployment rates are returning to record-breaking peaks from the first two months of the COVID-19 pandemic as cases rise and businesses close throughout the state. In the week ending Nov. 28, 17,130 regular unemployment claims were filed, according to the Colorado Department of Labor and Employment. That is the highest number of claims since…
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Colorado first-time unemployment claims climb to 6-month high
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First-time unemployment claims in Colorado jumped last week to a six-month high as many Front Range counties returned to state restrictions that forced many restaurants to shut down indoor dining and other businesses to face severe capacity limits. Colorado first-time unemployment claims surge to 4-month high The number of claims filed by payroll workers rose…
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Labor union coalition demands increased unemployment, hazard pay during national day of action
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Numerous labor unions protested Tuesday outside of the Colorado Department of Labor and Employment office as part of the Unemployed Workers National Day of Action. Protesters spoke about working conditions and poverty during COVID-19 before marching to Sen. Cory Gardner’s office to demand change. Unions and groups present included Unite Here, United Food and Commercial…
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Colorado jobs and unemployment: CoPo’s monthly snapshot
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The Colorado Department of Labor and Employment came out Friday with its latest monthly jobs report for the state, covering December. Here are the key takeaways for the state’s workers: Payroll jobs (non-farm): Up 9,800 from the previous month, to 2,762,200, and up 75,400 from a year earlier. Private sector payroll jobs (non-farm): Up 9,100…
