March 13, 2017 – Today, the Colorado Department of Labor and Employment reported a record low unemployment rate since February 2001. In January, the state added 7,900 new jobs and the unemployment rate dropped to 2.9%. Most of the job growth occurred in financial services, business services and leisure/hospitality.
The largest private-sector job decline in the state was in construction. In contrast, the Mesa County Workforce Center (MCWC) reported last week that construction jobs were up in Colorado’s Grand Valley. MCWC also reported that while Mesa County lags behind the state, we’re seeing a positive trend in county unemployment rates, which are below 5 percent for the 18th month in a row. Get the scoop from KKCO 11 News here.
Photo courtesy: Nick Youngson