Local jobless rates dropped in December
Last Updated: 14:36 January 18, 2013
The rate in Boulder County dropped two-tenths of one percentage point in December to 5.5 percent as the county added 1,340 new jobs, the report said. In Broomfield, the rate dropped two-tenths of one percentage point to 6.6 percent. Employers in Broomfield added 240 jobs.
Both counties outperformed the state, which had a 7.6 percent unemployment rated, down from 7.7 percent in November. The number of non-farm payroll jobs in the state declined by 2,400. The decrease in the unemployment rate was caused by a larger increase in the number of people reporting their status as employed than in the number of people actively participating in the labor force, according to the department.
The national unemployment rate remained at 7.8 percent.
The only counties in Colorado with lower unemployment rates than Boulder County have workforces of fewer than 5,800 people. Boulder County's labor force is more than 180,000.
The unemployment rate is derived from a survey of households to see how many Coloradans have jobs. The number of jobs is determined by calling a much larger number of businesses and government agencies.
More breaking news...
SNC expands collaboration on Dream Chaser
Vestas plans to hire more than 850 people at its four
NewMark thinks green on mall demolition
Centura to build 3 health, wellness centers
LONGMONT - In an effort to green its redevelopment of the Twin Peaks Mall, NewMark Merrill Mountain States announced this week plans for recycling and reusing materials from the "deconstruction" of the old shopping center.