Although Colorado saw its unemployment rate decline last month, many Denver jobs (Click here) and jobs throughout the state were still lost.
During August, Colorado’s unemployment rate decreased from 7.8 percent to 7.3 percent, which is lower than the national unemployment rate of 9.7 percent. The state had a total non-farm employment of 2,247,700 workers during August, according to the U.S. Department of Labor Bureau of Labor Statistics. This is down from 2,253,000 workers during July and a 4.7 percent decrease from last year.
The unemployment rate for the Denver-Aurora-Broomfield area has not yet been released, but the area did continue to lose jobs last month. The Denver area had a total non-farm employment of 1,206,800 workers during August, down from 1,208,900 workers during July and a 4.6 percent decrease from last year.