Colorado’s unemployment rate increased one-tenth of a percentage point to 5.1 percent in September as the economy made adjustments with the changing seasons, a state labor official said today.
The unemployment rate matched the 5.1 percent rate logged nationally last month. It compared with a 5 percent unemployment rate in August and 5.4 percent rate in September 2004.
The work force totaled 2.23 million, up 46,700 from September 2004 based on seasonally adjusted figures from the Colorado Department of Labor and Employment. Five of the 11 industry sectors reported job declines, with the steepest loss of 1,200 occurring in the professional and business services division.
“We are seeing the usual pattern of summer activities winding down as school starts, coupled with stable unemployment rates,” Rick Grice, department executive director, said in a statement.
