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Posted: 4:21 PM Nov 21, 2008
State Unemployment Highest in Years
Colorado's unemployment rate has jumped one-half percentage point to 5.7 percent, the highest in more than four years. Reporter: AP |
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Colorado's unemployment rate has jumped one-half percentage point to 5.7 percent, the highest in more than four years.
The state Department of Labor an Employment said today the state lost 10,000 jobs in October, with the biggest drops coming in the leisure and hospitality sector, followed by professional and business services and construction .
The number of government jobs increased by 5,500, all of them in education.
A year earlier, the state jobless rate was 3.9 percent.
Nationally, the October unemployment rate was 6.5 percent, up four-tenths of one percentage point.
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