Colorado Jobless Rate Hits A 5-Year High

By: Associated Press
By: Associated Press

Colorado's unemployment has reached 6.1 percent, the highest in more than five years.

The state Department of Labor and Employment released the December jobless statistics Tuesday morning.

The December unemployment rate was three-tenths of a percentage point higher than the month before and 2.1 percentage points higher than a year earlier.

The Labor Department says the number of unemployed Coloradans rose by 7,800 to 167,600 last month, while the number of Coloradans with jobs fell 5,900 in December to 2.6 million.

(Copyright 2009 by The Associated Press. All Rights Reserved.)


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  • by Mark Location: C/S on Jan 27, 2009 at 04:27 PM
    And It's going to get a lot higher. Those figures do NOT include the people that lost their job and have been un emplyed for so long they can no longer collect any un employment money. Soon we will be seeing many commercial buildings and shopping centers go into foreclosure as well as many more homes. I know , it's my job to know. At no time in our countries history has government stuck it's nose in the private sectors business and done any good! THE BAILOUT WILL FAIL, they should have let the big three auto makers and the banks fail. Companies are closing stores and laying off people and going BK like crazy and it's going to get a lot worse
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