KKTV - Economy - Headlines

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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