Jobless rate drops in Boulder Valley
Last Updated: 15:44 August 19, 2013
Boulder County's unemployment rate dipped to 5.4 percent, down from 6.1 percent last month and 6.5 percent in July 2012. The county had 171,412 people employed and 9,829 looking for work.
Broomfield County's rate dropped from 7.1 percent in June and 7.7 percent a year ago to 6.3 percent in July, with 30,199 people employed and 2,032 looking for work.
The local improvement came as the state's unemployment rate rose slightly from 7 percent to 7.1 percent. The state added 7,600 nonfarm-payroll jobs from June to July to reach nearly 2.4 million. But a decrease of 6,500 in the number of people participating in the labor force coupled with a decrease of 7,100 in the number of people reporting themselves employed accounted for the increased unemployment rate.
The national unemployment rate decreased to 7.4 percent for July.
Statewide in Colorado, Costilla County had the highest unemployment rate at 12 percent, while Huerfano County had the lowest at 2.5 percent.
More breaking news...
HUD puts $63 million into recovery effort
Manufacturer adding machinery, workers
Untangle buys eSoft, moves it to Westminster
New machinery and workers will be added at AFT Inc.'s existing plant at 7040
Untangle Inc. in Sunnyvale, California acquired eSoft for an