News
State unemployment rate falls
Posted: Jun 17, 2011 9:10 AM by Monica Gouty, News First 5
Updated: Jun 17, 2011 9:16 AM
DENVER (AP) - Colorado's unemployment rate continues to fall as employers in Colorado added 4,200 nonfarm payroll jobs from April to May.
The largest over the month private sector job gains in May were in construction and trade, transportation and utilities.
According to the Colorado Department of Labor and Employment the unemployment rate decreased one-tenth of a percentage point to 8.7 percent, while the national unemployment rate increased from 9 to 9.1 percent over the same period.
The department says it will no longer provide seasonally adjusted unemployment rates on the same schedule as statewide estimates because of changes by the Bureau of Labor Statistics.
Those figures will be available two weeks later.
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