Businesses added jobs, but more people left the job market in December. Plus: Colorado leads highest increase in gas prices, readers share annoying inflation interactions, and more!
Unemployment rate drops to 3.5% but state sees decline in workforce. Plus: Are there still good jobs out there? Readers and employers respond.
Plus: A $1.6 million contract to revamp the state’s job board, how Boulder’s PopSockets is improving working conditions at factories and more.
Colorado’s unemployment rate fell for the sixth straight month to 3.3% in July, the lowest (again) since the pandemic began but not quite down to its pre-pandemic low of 2.8%. However, a state economist thinks we’ll get back to that low rate, despite talk of recession, by the end of the year. But first, last […]
Putting your house up for sale is stressful enough. Now, sellers find themselves having to cut their listing price after the home is already on the market. Two to three times more sellers in Denver, Fort Collins and Colorado Springs reconsidered their list prices and then lowered them in June compared to a year ago, […]
The biggest inflation news this week erupted Wednesday as the Federal Reserve announced the largest interest rate increase since 1994. While expected, that doesn’t make it any easier for those hunting for a new house, especially in Colorado, and realizing the monthly cost may have gone up hundreds of dollars in one week. But don’t […]
‘Twas a brutal week for the U.S. economy, especially for those with money to invest (stop checking your stocks already and distract yourself with this Dirty Dancing/Muppets Show mashup instead). In Colorado, the economic news seemed a little more upbeat. The state’s unemployment rate fell to 3.6% in April, the lowest since before the pandemic. […]
Colorado’s unemployment rate is back down to 3.7%, which is where the state was halfway between the Great Recession and the first cases of COVID-19. This implies that people are going back to traditional jobs, perhaps lured by higher wages or employers’ increasing flexibility to allow work-from-home options. But, keep in mind, these numbers don’t […]
As the challenge continues for employers to fill job openings — and workers try to get a job offer — there’s been a big push by the state of Colorado to tap into an old-timey resource: apprenticeships. But first, in local economic news, Colorado’s February unemployment rate came in at 4%, which is slightly lower […]
Data, statistics and revisions. Constant revisions. Earlier this week we learned that because data has been revised, Colorado’s 2021 unemployment rates last year weren’t as high as initially reported. Colorado appeared to be trending higher than the U.S. the whole year but the revisions reduced the state’s unemployment rate by nearly a whole percentage point […]