As ski resorts laid off seasonal workers, more people joined the ranks of those looking for jobs in Colorado, nudging April’s unemployment rate up to 5.2 percent.
Colorado’s economy continues to recover despite the 0.1 percentage-point increase in unemployment, although job growth is slow, economists said Friday.
“We’re facing the same thing the nation is, that it’s very slow job growth coming into this expansion,” U.S. Bank economist Tucker Hart Adams said. “Companies are hiring but hiring selectively.”
The recovery also is luring more people into the job hunt, which contributed to unemployment figures, Adams and state labor economist Joe Winter said.
The April rate compared with 5.5 percent in April 2004, the Colorado Department of Labor and Unemployment reported.
The national rate was unchanged at 5.2 percent.
