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Colorado Unemployment Rate Continues to Fall

Jeffrey Beall
/
Flickr Creative Commons

The employment situation in Colorado continues to improve, according to recent job numbers. The Prowers Journal reports that the unemployment rate decreased two-tenths of a percentage point last month, to 4.0 percent.  The increase in total employment combined with the decrease in labor force caused the number of unemployed to decrease by 6,800. The national unemployment rate remained unchanged from August to September, at 5.1 percent.

Over the last year, the Colorado unemployment rate has dropped five-tenths of a percentage point. In September 2014 the number sat at 4.5 percent, and has fallen to 4.0. In that time, the national rate dropped to 5.1 percent from 5.9.