Nov 23, 2010 3:18 PM by Greg Boyce

Colorado's unemployment rate up in October

Colorado's seasonally adjusted unemployment rate increased two-tenths of one percent to 8.4 percent in October. 

"Despite mixed results in the employment numbers, there are encouraging signs of improvement including recent increases in online job postings," said Donald J. Mares, Executive Director of the Colorado Department of Labor and Employment.  Last October, the unemployment rate was 7.5 percent.

The number of working Coloradans fell 5,400 over the month to 2,436,300. The civilian labor force decreased 2,200 to 2,658,900. The number of residents unsuccessfully looking for work increased 3,200 over the month to 222,600. One year ago, total employment was 2,462,900 and the number of unemployed was 200,400. The civilian labor force has declined 4,400 since October 2009.

The unemployment rate (not seasonally adjusted) increased in 38 of Colorado's 64 counties, decreased in 14 and was unchanged in 12. The lowest rate was 3.5 percent in Cheyenne County and the highest was 15.7 percent in Dolores County.

The non-seasonally adjusted employment rate in El Paso County went up slightly from 8.7 percent in September to 8.8 in October.  Pueblo's non-seasonally adjusted rate stayed the same at 9.6 percent.



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