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.

 

Thanks for reading another Denverite story

Looks like you’re the type of person who reads to the ends of articles! Well, true believer, you might really like our morning newsletter. It’s quick, free and gets you up to speed on the important and delightful things happening right here in Denver. Does Denverite help you feel more connected to what’s up in your area? Do you want to be a part of it?

Member donations are critical to our continued existence and growth.

Weird times

Denverite is powered by you. In these weird times, the local vigilance, the local context, the local flavor — it’s powered through your donations. If you’d miss Denverite if it disappeared tomorrow, donate today.

You’re our superpower

Denverite supporters have made the decision to financially support local journalism that matters to you. Ready to tell your networks why? Sharing our “About” page with your own personal comments could really help us out.

You’re our superpower

Denverite members have made the decision to financially support local journalism that matters to you. Ready to tell your networks why? Sharing our “About” page with your own personal comments could really help us out.