Legion Troll
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Colorado is continuing its streak of monthly employment growth.
The state added 5,500 nonfarm payroll jobs in March, and the unemployment rate ticked down by 0.1 percentage points to 2.9 percent, according to preliminary labor data released Friday.
The unemployment rate is at its lowest level since February 2001, when a 2.8 percent jobless rate was reported.
Including the March nonfarm payroll numbers, Colorado has notched 53 consecutive months, or about 4 ½ years, of employment gains.
Colorado's nonfarm payroll jobs are up 71,000 positions from this time last year, according to the Colorado Department of Labor and Employment's latest monthly labor estimates. Last year in March, Colorado's unemployment rate was 4 percent.
The monthly reports are based on results from two surveys: a business and public agency survey that measures jobs by work site, and a survey that measures people employed and unemployed by household.
Over the year, construction is up by 10,900 payroll jobs, leisure and hospitality by 24,200, and educational and health services by 11,000 jobs.
Mining and logging, which includes oil and gas activities, is down by 6,800 payroll jobs from March 2015, according to seasonally adjusted data.
http://www.denverpost.com/business/ci_29771175/colorados-unemployment-rate-drops-lowest-since-2001
The state added 5,500 nonfarm payroll jobs in March, and the unemployment rate ticked down by 0.1 percentage points to 2.9 percent, according to preliminary labor data released Friday.
The unemployment rate is at its lowest level since February 2001, when a 2.8 percent jobless rate was reported.
Including the March nonfarm payroll numbers, Colorado has notched 53 consecutive months, or about 4 ½ years, of employment gains.
Colorado's nonfarm payroll jobs are up 71,000 positions from this time last year, according to the Colorado Department of Labor and Employment's latest monthly labor estimates. Last year in March, Colorado's unemployment rate was 4 percent.
The monthly reports are based on results from two surveys: a business and public agency survey that measures jobs by work site, and a survey that measures people employed and unemployed by household.
Over the year, construction is up by 10,900 payroll jobs, leisure and hospitality by 24,200, and educational and health services by 11,000 jobs.
Mining and logging, which includes oil and gas activities, is down by 6,800 payroll jobs from March 2015, according to seasonally adjusted data.
http://www.denverpost.com/business/ci_29771175/colorados-unemployment-rate-drops-lowest-since-2001
