Colorado Unemployment Improves Slightly in June

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Published Friday, July 20, 2018

Employers in Colorado added 4,200 nonfarm payroll jobs from May to June for a total of 2,729,600 jobs, according to the survey of business establishments. Private sector payroll jobs increased 3,700 and government increased 500. May estimates were revised up to 2,725,400, and the over the month increase from April to May was 9,700 rather than the originally estimated 7,700.

According to the survey of households, the unemployment rate decreased one-tenth of a percentage point from May to June to 2.7 percent. The number of people actively participating in the labor force increased 9,800 over the month to 3,074,300 and the number of people reporting themselves as employed increased 10,800 to 2,990,200, causing the number of unemployed to decrease 1,000 and the unemployment rate to decline to 2.7 percent. The U.S. unemployment rate increased two-tenths of a percentage point in June to 4.0 percent.

Over the year, the average workweek for all employees on private nonfarm payrolls increased from 33.8 to 33.9 hours and average hourly earnings increased from $27.25 to $28.71.

The largest over the month private sector job gains were in professional and business services, financial activities, and education and health services. The largest over the month decline was in trade, transportation, and utilities.

Over the year, nonfarm payroll jobs increased 74,600, with an increase of 63,300 in the private sector and an increase of 11,300 in government. The largest private sector job gains were in professional and business services, leisure and hospitality, and construction. Other services declined over the year.

Over the year, the unemployment rate is unchanged at 2.7 percent. The number of Coloradans participating in the labor force increased 88,000, total employment increased 85,200 and the number of unemployed increased 2,800. The national unemployment rate declined from 4.3 percent in June 2017 to 4.0 percent in June 2018.

Not Seasonally Adjusted Labor Force

 

June 2018

           

Labor Force

 Employment 

 Unemployment 

Rate

Counties

 

 

 

 

Adams

272,241

263,783

8,458

3.1

Alamosa 

8,553

8,233

320

3.7

Arapahoe 

366,248

355,480

10,768

2.9

Archuleta 

7,009

6,801

208

3.0

Baca 

2,233

2,193

40

1.8

Bent 

2,018

1,964

54

2.7

Boulder

191,501

186,314

5,187

2.7

Broomfield

39,552

38,471

1,081

2.7

Chaffee

10,610

10,370

240

2.3

Cheyenne 

1,235

1,215

20

1.6

Clear Creek 

6,132

5,935

197

3.2

Conejos

4,098

3,926

172

4.2

Costilla 

1,951

1,885

66

3.4

Crowley 

1,511

1,454

57

3.8

Custer 

2,095

2,022

73

3.5

Delta 

15,100

14,577

523

3.5

Denver 

413,872

401,878

11,994

2.9

Dolores 

1,220

1,188

32

2.6

Douglas 

191,162

186,144

5,018

2.6

Eagle

35,112

34,207

905

2.6

El Paso 

343,795

331,561

12,234

3.6

Elbert 

15,026

14,638

388

2.6

Fremont

15,907

15,171

736

4.6

Garfield

32,598

31,686

912

2.8

Gilpin 

3,758

3,665

93

2.5

Grand 

10,251

10,009

242

2.4

Gunnison 

11,636

11,379

257

2.2

Hinsdale 

557

546

11

2.0

Huerfano 

2,763

2,608

155

5.6

Jackson 

1,115

1,093

22

2.0

Jefferson

339,199

329,735

9,464

2.8

Kiowa 

974

953

21

2.2

Kit Carson 

4,867

4,773

94

1.9

La Plata

32,625

31,750

875

2.7

Lake 

4,838

4,716

122

2.5

Larimer

203,631

198,403

5,228

2.6

Las Animas 

6,488

6,194

294

4.5

Lincoln 

2,655

2,601

54

2.0

Logan

11,471

11,136

335

2.9

Mesa

75,359

72,603

2,756

3.7

Mineral 

491

479

12

2.4

Moffat

7,683

7,466

217

2.8

Montezuma 

13,556

13,040

516

3.8

Montrose

22,101

21,368

733

3.3

Morgan

16,736

16,277

459

2.7

Otero 

8,719

8,298

421

4.8

Ouray 

2,587

2,514

73

2.8

Park 

10,617

10,332

285

2.7

Phillips 

2,788

2,736

52

1.9

Pitkin

11,331

10,966

365

3.2

Prowers 

6,617

6,403

214

3.2

Pueblo

76,232

72,839

3,393

4.5

Rio Blanco 

3,039

2,927

112

3.7

Rio Grande

5,915

5,665

250

4.2

Routt

15,844

15,447

397

2.5

Saguache

3,778

3,619

159

4.2

San Juan 

592

579

13

2.2

San Miguel 

5,525

5,361

164

3.0

Sedgwick 

1,269

1,239

30

2.4

Summit

21,192

20,690

502

2.4

Teller 

12,780

12,347

433

3.4

Washington 

3,252

3,174

78

2.4

Weld

164,068

159,586

4,482

2.7

Yuma 

6,128

6,001

127

2.1

 

LABOR FORCE SUMMARY

COLORADO

Preliminary Estimates for June 2018  (in thousands)

   

       

     

LABOR FORCE DATA

SEASONALLY ADJUSTED:                                   

 

 

Change from last:

 

Jun-18

May-18

Jun-17

Month

Year

Total Civilian Labor Force

3,074.3

3,064.5

2,986.3

9.8

88.0

Unemployment     

84.1

85.1

81.3

-1.0

2.8

     Unemployment Rate (%)

2.7

2.8

2.7

-0.1

0.0

 Employment

2,990.2

2,979.4

2,905.1

10.8

85.2

 

 

 

 

 

 

UNADJUSTED FOR SEASONALITY:

 

 

 

Change from last:

 

Jun-18

May-18

Jun-17

Month

Year

Total Civilian Labor Force

3,115.8

3,074.5

3,004.0

41.3

111.8

Unemployment 

93.2

74.6

87.8

18.6

5.4

     Unemployment Rate (%)

3.0

2.4

2.9

0.6

0.1

 Employment 

3,022.6

2,999.9

2,916.2

22.7

106.4

           

WAGE AND SALARY EMPLOYMENT DATA

SEASONALLY ADJUSTED:

 

 

 

Change from last:

 

Jun-18

May-18

Jun-17

Month

Year

Mining & Logging

29.4

29.1

26.0

0.3

3.4

Construction

171.2

170.6

162.8

0.6

8.4

Manufacturing

147.1

147.2

144.5

-0.1

2.6

Trade, Transportation, & Utilities

468.5

469.9

460.8

-1.4

7.7

Information

74.5

74.3

71.4

0.2

3.1

Financial Activities

171.1

169.1

168.3

2.0

2.8

Professional & Business Services

430.9

428.8

413.8

2.1

17.1

Educational & Health Services

338.5

337.3

334.0

1.2

4.5

Leisure & Hospitality

348.7

349.1

332.9

-0.4

15.8

Other Services

106.9

107.7

109.0

-0.8

-2.1

Government

442.8

442.3

431.5

0.5

11.3

TOTAL NONAG

2,729.6

2,725.4

2,655.0

4.2

74.6

Labor Disputants

0.0

0.0

0.0

0.0

0.0

 

 

 

 

 

 

UNADJUSTED FOR SEASONALITY:

 

   

Change from last:

 

Jun-18

May-18

Jun-17

Month

Year

Mining & Logging

29.6

29.0

25.9

0.6

3.7

Construction

174.4

170.6

167.1

3.8

7.3

Manufacturing

147.3

146.7

145.2

0.6

2.1

Trade, Transportation, & Utilities

470.2

467.1

460.8

3.1

9.4

Information

75.0

74.0

71.6

1.0

3.4

Financial Activities

171.0

167.3

168.7

3.7

2.3

Professional & Business Services

437.2

430.3

417.6

6.9

19.6

Educational & Health Services

337.5

337.5

333.8

0.0

3.7

Leisure & Hospitality

360.3

337.4

344.8

22.9

15.5

Other Services

107.5

107.7

110.2

-0.2

-2.7

Government

441.5

454.0

431.0

-12.5

10.5

TOTAL NONAG

2,751.5

2,721.6

2,676.7

29.9

74.8

Labor Disputants

0.0

0.0

0.0

0.0

0.0