Posted: Aug 20, 2010 12:32 PM by Greg Boyce
Updated: Aug 20, 2010 1:00 PM
Colorado's seasonally adjusted unemployment rate remained the same in July at 8 percent.
"Four months of stability in the unemployment rate combined with two months of notable private-sector job growth is encouraging news," said Donald J. Mares, Executive Director of the Colorado Department of Labor and Employment. "Our challenge is to sustain this growth over the second half of the year," he continued. Last July, the unemployment rate was 8.1 percent.
The unemployment rate (not seasonally adjusted) dropped in 50 of Colorado's 64 counties, increased in 11 and was unchanged in 3. The lowest rate was 2.5 percent in Hinsdale County and the highest was 14.2 percent in Dolores County.
El Paso County's unemployment rate dropped from 9 percent in June to 8.8 percent in July. Pueblo's unemployment rate went up from 9.7 to 9.8 percent.
The number of working Coloradans decreased 7,400 over the month to 2,442,300. That's down by about 40,000 in the last year.