Colorado’s Unemployment Rate Remains Low

Colorado employers added 3,700 payroll jobs in January, while the state’s unemployment rate was unchanged from December at 4.2 percent.

Unemployment in the state is down 1.6 percentage points from the revised January 2014-rate of 5.8 percent. According to those revised estimates, Colorado unemployment peaked at 8.9 percent in September and October 2010.

In January, 2,709,500 Coloradans counted themselves as employed, and 118,200 unemployed people were actively seeking work. Over the last 12 months, employment in the state has risen by 80,600 and labor-force participation is up 38,100, while unemployment has declined by 42,500.

Colorado’s 4.2 percent unemployment rate in January was a full point and a half lower than the month’s national rate of 5.7 percent. According to newly revised data, It’s the lowest jobless rate in the state since December 2007.

Colorado unemployment rates since January 2010:

January 2015: 4.2 percent
December 2014: 4.2 percent
November 2014: 4.3 percent
October 2014: 4.4 percent
September 2014: 4.5 percent
August 2014: 4.6 percent
July 2014: 4.8 percent
June 2014: 5.0 percent
May 2014: 5.2 percent
April 2014: 5.4 percent
March 2014: 5.5 percent
February 2014: 5.6 percent
January 2014: 5.8 percent
December 2013: 5.9 percent
November 2013: 6.0 percent
October 2013: 6.1 percent
September 2013: 6.3 percent
August 2013: 6.4 percent
July 2013: 6.5 percent
June 2013: 6.6 percent
May 2013: 6.7 percent
April 2013: 6.8 percent
March 2013: 6.9 percent
February 2013: 7.0 percent
January 2013: 7.1 percent
December 2012: 7.2 percent
November 2012: 7.3 percent
October 2012: 7.4 percent
September 2012: 7.5 percent
August 2012: 7.6 percent
July 2012: 7.7 percent
June 2012: 7.8 percent
May 2012: 7.8 percent
March-April 2012: 7.9 percent
January-February 2012: 8.0 percent
July-December 2011: 8.1 percent
May-June 2011: 8.2 percent
April 2011: 8.3 percent
March 2011: 8.4 percent
February 2011: 8.5 percent
January 2011: 8.6 percent
December 2010: 8.7 percent
November 2010: 8.8 percent
September-October 2010: 8.9 percent
May-August 2010: 8.8 percent
March-April 2010: 8.7 percent
February 2010: 8.6 percent
January 2010: 8.5 percent

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