Colorado’s December unemployment rate a historic low of 2.5%

  • Megan Douglas
  • 01/29/20
 
Hourly earnings increased from $29.88 to $30.77 over the past year.
 
DENVER (AP) – Colorado’s seasonally adjusted unemployment rate fell one-tenth of a percentage point to a historic low of 2.5% in December.
 
The Colorado Department of Labor and Employment says it’s the lowest unemployment rate since a 1976 change in the way unemployment rates were calculated.
 
The state reports just over 80,000 people out of a civilian labor force of 3.17 million people are searching for work. 
 
Colorado began 2019 with an unemployment rate of 3.6%. The labor department says average hourly earnings increased from $29.88 to $30.77 over the past year.
 
9news.com
 
 
 

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