According to the Colorado Department of Labor and Employment, Metro Denver’s unadjusted unemployment rate stood at 4.2 percent in April, down a bit from March’s 4.3 percent rate and well below the 5.2 percent rate in April 2014.
The 4.2 percent unadjusted jobless rate is for a 10-county area that includes Denver, Aurora, Lakewood, Broomfield and Centennial.
By county, April’s unadjusted jobless rates in the metro-Denver region ranged from a low of 3.5 percent in Douglas County to a high of 4.8 percent in Adams County.
The rate in Denver County as well as Arapahoe County was 4.2 percent.
Colorado added 4,200 payroll jobs in April from the previous month, behind the average monthly gains of the last year, and the state’s unemployment rate stayed at 4.2 percent for the fifth straight month.
However, April’s 4,200 job increase on Colorado payrolls fell short of the average monthly gain of 5,267 jobs over the last 12 months.
Colorado is one of 21 states with jobless rates significantly lower than the national average. This is phenomenal news for the Colorado economy.
Be sure to “Like” us on Facebook. We post on a variety of real estate related topics and will keep you updated on what is happening with Colorado real estate. If you are ready to make an investment or sell a property, we are here to help. You can email us at email@example.com or call us at 303-526-7400.