Colorado's Unemployment Rate Inches Up Slightly

Denver (AP) Colorado's unemployment rate inched up slightly in july to 5.2%, which labor officials attribute to seasonal employment changes. Five of the eleven industry sectors reported job losses, most amounting to fewer than 1,000. The highest number was 1,200 lost in leisure and hospitality.

The state's seasonally–adjusted figures also showed losses in construction, manufacturing, information and financial activities. Trade, transportation and utilities reported the biggest increase, adding 1,200 jobs.

The unemployment rate compares to 5% in June, and 5.5% in July 2004. The national unemployment rate remained steady at 5%.

Copyright 2005 by the Associated Press. All rights reserved.
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