Colorado Unemployment Rate Up

By: KKCO Email
By: KKCO Email

Colorado’s unemployment rate has risen to 5.8 percent as the number of people in the work force fell by 8,900 in November.

The Colorado Department of Labor and Employment said today the jobless rate rose one-tenth of a percentage point from October and 1.8 percentage points from November of last year.

Non-farm wage and salary employment declined by 5,500, a much bigger drop than labor officials expected. The biggest losses were in construction, professional and business services and leisure and hospitality.

It was the third straight monthly decline in wage and salary jobs, the longest in the state since early 2003.

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The national unemployment rate was 6.7 percent in November.

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