Colorado Unemployment Ticks Up in November, Still 5th Lowest In US

Saul Bowman
December 23, 2017

The unemployment rate had fallen to a 17-year low of 4.1 percent in November, according to the department.

The Hoosier unemployment rate fell two-tenths of a percent last month, down to 3.7 percent. The Golden State's economy got off to a slow start this year, but has been picking up steam in the second half.

Despite the fact the general job market is improving, the unemployment rate in certain metro areas continue to be bad.

The Colorado Department of Labor and Employment released the new figures on Friday.

The employment to population ratio estimate of 61.7 percent remained above the USA average of 60.1 percent.

The statewide unemployment rate is down from 4.9 percent in November 2016. Some sectors recorded losses including trade, transportation and utilities (-1,400 jobs), manufacturing (-300), and professional and business services (-200).

There were 60,700 more people working in Maryland in November than a year earlier, a gain of 2.2 percent.

The state's jobless rate had been climbing since dipping to 3 percent in June. December's numbers are expected in late January of 2018.

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