Colorado’s unemployment rate is steady at 3.8 percent

(Kevin J. Beaty/Denverite)

staff photo

The state added 4,100 jobs in August, while about 3,000 people left the workforce. That left the unemployment rate unchanged at 3.8 percent, according to the Colorado Department of Labor and Employment.

The biggest employment gains have come from construction, leisure/hospitality, education and health services.

The unemployment rate is essentially the same as it was this time last year, and it’s significantly lower than the current national average of 4.9 percent.

In Colorado, average hourly pay for private employees (excluding farms) slipped from $27 last August to $26.69 this August.

 

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