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Colorado’s labor market softened in October, but don’t be scared

Unemployment ticks up to 3.3%, the highest since March 2022

Hiring by local governments and schools helped the state add 1,500 jobs last month and overcome job cuts in the private sector. (Photo by Hyoung Chang/The Denver Post)
Hiring by local governments and schools helped the state add 1,500 jobs last month and overcome job cuts in the private sector. (Photo by Hyoung Chang/The Denver Post)
DENVER, CO - NOVEMBER 8:  Aldo Svaldi - Staff portraits at the Denver Post studio.  (Photo by Eric Lutzens/The Denver Post)
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Colorado's unemployment rate continued to tick up and private-sector hiring turned negative again last month, according to an update from the Colorado Department of Labor and Employment on Friday.
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