The Colorado Department of Labor and Employment says Colorado’s unemployment rate has dropped to its lowest rate in five years.
The Colorado Department of Labor and Employment says the state’s unemployment rate dropped to 7.2 percent in February from January’s 7.3 percent.
Job postings that state unemployed applicants need not apply will remain legal as a Republican state House committee rejected a discrimination measure.
Colorado’s unemployment rate is holding steady at 8.5 percent.
The Colorado Department of Labor and Employment, already overwhelmed with unemployment claims, is preparing to lay off anywhere from 30 to 100 employees.
The Colorado unemployment rate is falling. The state labor department said Friday the unemployment rate fell to 8.8 percent in April from 9.2 percent in March as the state added about 2,200 nonfarm payroll jobs.
In January, the unemployment rate in Colorado reached 9.1 percent. That’s the highest level in 35 years of keeping records.