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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