Colorado Unemployment Rises 0.1 Percent in July

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Published Friday, August 17, 2018

Employers in Colorado added 2,800 nonfarm payroll jobs from June to July for a total of 2,737,300 jobs, according to the survey of business establishments. Private sector payroll jobs increased 2,700 and government increased 100. June estimates were revised up to 2,734,500, and the over the month increase from May to June was 9,100 rather than the originally estimated 4,200.

According to the survey of households, the unemployment rate increased one-tenth of a percentage point from June to July to 2.8 percent. The number of people actively participating in the labor force increased 10,400 over the month to 3,084,900 and the number of people reporting themselves as employed increased 8,900 to 2,999,400. The larger increase in the labor force than in total employment caused the number of unemployed to increase 1,500 and the unemployment rate to increase to 2.8 percent. The national unemployment rate decreased one-tenth of a percentage point from June to July to 3.9 percent.

Over the year, the average workweek for all employees on private nonfarm payrolls increased from 34.3 to 34.5 hours and average hourly earnings increased from $27.65 to $28.77.

The largest over the month private sector job gains were in professional and business services, education and health services, and trade, transportation, and utilities. The largest over the month declines were in other services and construction.

Over the year, nonfarm payroll jobs increased 77,700, with an increase of 68,000 in the private sector and an increase of 9,700 in government. The largest private sector job gains were in leisure and hospitality, professional and business services, and trade transportation and utilities. Other services declined over the year.

Over the year, the unemployment rate is unchanged at 2.8 percent. The number of Coloradans participating in the labor force increased 85,100, total employment increased 84,400 and the number of unemployed increased 700. The national unemployment rate declined from 4.3 percent in July 2017 to 3.9 percent in July 2018.

LABOR FORCE SUMMARY

COLORADO

Preliminary Estimates for July 2018  (in thousands)

   

       

     

LABOR FORCE DATA

SEASONALLY ADJUSTED:                                   

 

 

Change from last:

 

Jul-18

Jun-18

Jul-17

Month

Year

Total Civilian Labor Force

3,084.9

3,074.5

2,999.8

10.4

85.1

Unemployment     

85.5

84.1

84.8

1.5

0.7

     Unemployment Rate (%)

2.8

2.7

2.8

0.1

0.0

 Employment

2,999.4

2,990.5

2,915.0

8.9

84.4

 

 

 

 

 

 

UNADJUSTED FOR SEASONALITY:

 

 

 

Change from last:

 

Jul-18

Jun-18

Jul-17

Month

Year

Total Civilian Labor Force

3,126.2

3,116.8

3,019.6

9.4

106.6

Unemployment 

95.4

93.1

84.2

2.3

11.2

     Unemployment Rate (%)

3.1

3.0

2.8

0.1

0.3

 Employment 

3,030.9

3,023.8

2,935.4

7.1

95.5

           

WAGE AND SALARY EMPLOYMENT DATA

SEASONALLY ADJUSTED:

 

 

 

Change from last:

 

Jul-18

Jun-18

Jul-17

Month

Year

Mining & Logging

29.7

29.4

26.2

0.3

3.5

Construction

168.8

170.1

162.8

-1.3

6.0

Manufacturing

147.4

147.1

144.3

0.3

3.1

Trade, Transportation, & Utilities

470.9

469.5

461.2

1.4

9.7

Information

73.9

74.4

71.0

-0.5

2.9

Financial Activities

170.9

170.9

167.9

0.0

3.0

Professional & Business Services

431.7

429.8

413.9

1.9

17.8

Educational & Health Services

340.2

338.7

334.1

1.5

6.1

Leisure & Hospitality

352.0

351.3

333.0

0.7

19.0

Other Services

105.5

107.1

108.6

-1.6

-3.1

Government

446.3

446.2

436.6

0.1

9.7

TOTAL NONAG

2,737.3

2,734.5

2,659.6

2.8

77.7

Labor Disputants

0.0

0.0

0.0

0.0

0.0

 

 

 

 

 

 

UNADJUSTED FOR SEASONALITY:

 

   

Change from last:

 

Jul-18

Jun-18

Jul-17

Month

Year

Mining & Logging

30.0

29.6

26.3

0.4

3.7

Construction

173.8

174.3

168.3

-0.5

5.5

Manufacturing

148.1

147.5

145.5

0.6

2.6

Trade, Transportation, & Utilities

475.3

470.9

462.6

4.4

12.7

Information

74.7

75.1

71.5

-0.4

3.2

Financial Activities

172.4

170.9

169.0

1.5

3.4

Professional & Business Services

437.9

435.4

419.7

2.5

18.2

Educational & Health Services

338.3

337.6

332.5

0.7

5.8

Leisure & Hospitality

370.1

363.7

349.0

6.4

21.1

Other Services

106.8

108.2

110.2

-1.4

-3.4

Government

424.1

444.7

415.2

-20.6

8.9

TOTAL NONAG

2,751.5

2,757.9

2,669.8

-6.4

81.7

Labor Disputants

0.0

0.0

0.0

0.0

0.0

 

Not Seasonally Adjusted Labor Force

 

July 2018

           

Labor Force

 Employment 

 Unemployment 

Rate

Colorado

3,126,246

3,030,863

95,383

3.1

Counties

 

 

 

 

Adams

272,623

263,906

8,717

3.2

Alamosa 

8,591

8,256

335

3.9

Arapahoe 

366,488

355,489

10,999

3.0

Archuleta 

7,022

6,817

205

2.9

Baca 

2,305

2,269

36

1.6

Bent 

2,064

2,010

54

2.6

Boulder

191,551

186,351

5,200

2.7

Broomfield

39,524

38,442

1,082

2.7

Chaffee

10,639

10,421

218

2.0

Cheyenne 

1,262

1,242

20

1.6

Clear Creek 

6,134

5,941

193

3.1

Conejos

4,163

3,978

185

4.4

Costilla 

1,989

1,911

78

3.9

Crowley 

1,509

1,450

59

3.9

Custer 

2,108

2,037

71

3.4

Delta 

15,321

14,788

533

3.5

Denver 

414,209

401,876

12,333

3.0

Dolores 

1,266

1,235

31

2.4

Douglas 

191,229

186,127

5,102

2.7

Eagle

36,125

35,301

824

2.3

El Paso 

344,555

331,643

12,912

3.7

Elbert 

15,132

14,757

375

2.5

Fremont

15,973

15,215

758

4.7

Garfield

33,135

32,235

900

2.7

Gilpin 

3,766

3,670

96

2.5

Grand 

10,497

10,271

226

2.2

Gunnison 

12,086

11,847

239

2.0

Hinsdale 

588

578

10

1.7

Huerfano 

2,801

2,638

163

5.8

Jackson 

1,152

1,131

21

1.8

Jefferson

339,445

329,891

9,554

2.8

Kiowa 

1,016

998

18

1.8

Kit Carson 

4,999

4,910

89

1.8

La Plata

32,915

31,931

984

3.0

Lake 

4,863

4,751

112

2.3

Larimer

204,795

199,647

5,148

2.5

Las Animas 

6,608

6,296

312

4.7

Lincoln 

2,627

2,579

48

1.8

Logan

11,530

11,180

350

3.0

Mesa

75,796

72,862

2,934

3.9

Mineral 

526

514

12

2.3

Moffat

7,675

7,442

233

3.0

Montezuma 

13,751

13,203

548

4.0

Montrose

22,472

21,774

698

3.1

Morgan

16,712

16,241

471

2.8

Otero 

8,827

8,360

467

5.3

Ouray 

2,693

2,624

69

2.6

Park 

10,673

10,387

286

2.7

Phillips 

2,856

2,808

48

1.7

Pitkin

11,459

11,154

305

2.7

Prowers 

6,732

6,506

226

3.4

Pueblo

75,572

71,953

3,619

4.8

Rio Blanco 

3,079

2,957

122

4.0

Rio Grande

6,046

5,774

272

4.5

Routt

16,525

16,149

376

2.3

Saguache

3,814

3,634

180

4.7

San Juan 

633

612

21

3.3

San Miguel 

5,666

5,534

132

2.3

Sedgwick 

1,303

1,273

30

2.3

Summit

21,731

21,280

451

2.1

Teller 

12,830

12,366

464

3.6

Washington 

3,269

3,188

81

2.5

Weld

164,680

160,055

4,625

2.8

Yuma 

6,315

6,196

119

1.9