Colorado Unemployment Rate Hits New Low

The Colorado Unemployment rate decreased again between March and April according to the Department of Labor, setting another record low for the State. The rate fell three tenths of a percent to 2.3%, which is the lowest the rate has been since the state began tracking unemployment data in 1976. The National unemployment rate also decreased over that time period, falling to 4.4%. So far this year, the average work week in Colorado has increased .4 hours to 33.6 hours with average wages growing by 30 cents to $27.72. To view the Department of Labor’s April employment report, click here.

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