Unemployment holds mostly steady in Larimer County in November

Larimer County’s unemployment rate increased only slightly between October and November but has decreased substantially from last November, according to figures released Tuesday by the Colorado Department of Employment and Labor.

The figures, not seasonally adjusted, show 11,172 people in the county were without jobs in November — 6.2 percent of the labor force — compared to 11,064 unemployed — 6.1 percent — in October. In November 2010, 12,912 Larimer County residents were out of work, or 7.3 percent of available workers.

The labor force in the county has increased by slightly more than 4,000 workers over the past 12 months.

The changes mirror statewide trends, the report shows. Colorado’s overall unemployment rate in November was 7.8 percent, an increase of 0.1 percent from October but a decrease of 0.9 percent from November 2010.

Statewide, non-farm payroll government jobs declined by 1,600 in November, while the private sector declined by 2,900 jobs, according to the labor department’s monthly survey of business establishments. The largest private sector job gains were in professional and business services; the largest declines were in trade, transportation and utilities, leisure and hospitality, and financial activities.

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