January marked the ninth straight month Colorado’s unemployment rate has been below 3.0%
Recently, Governor Polis and the Colorado Department of Labor and Employment (CDLE) announced Colorado’s unemployment rate has continued to decline and returned to pre-pandemic levels (at 2.8%) in January.
“With Colorado’s unemployment rate dropping below three percent, it is clear that Colorado is the best place to live, work, and do business. More entrepreneurs are starting businesses in our state, and we are outcompeting other states for businesses and jobs,” said Governor Polis. “As we continue to grow our strong economy, I am committed to saving people money, cutting red tape, and expanding opportunities to help support our workforce.”
Support Northern Colorado Journalism
Show your support for North Forty News by helping us produce more content. It's a kind and simple gesture that will help us continue to bring more content to you.
BONUS - Donors get a link in their receipt to sign up for our once-per-week instant text messaging alert. Get your e-copy of North Forty News the moment it is released!
Click to DonateThis advertising makes North Forty News possible:
Colorado’s labor force participation rate (LFPR) increased to 68.1%, just under the pre-pandemic level of 68.6%. Annually, Colorado had the 4th highest LFPR in 2022. Under the Polis administration, Colorado recently outcompeted Georgia and Texas for company expansion.