Colorado’s unemployment rate reaches record low

In Case You Missed It…

Today, it was announced that the jobless rate in Colorado has tied an all time low of 2.6 percent, and that the Denver metro area currently has an unemployment rate of just 2.3 percent.

It is clear that pro-growth policies implemented by President Trump and Cory Gardner have Colorado’s economy roaring.

On top of unprecedented job growth, Coloradans have seen over 160,000 new jobs created since President Trump’s election, growing labor force participation, and an average tax cut of $1,425.

Democrats like John Hickenlooper and Andrew Romanoff don’t like to discuss the economy, and for good reason: they have no answer for its historic performance under President Trump and Cory Gardner’s leadership.

Read more below:

Colorado’s Unemployment Rate Went Down — Again
Colorado Public Radio
Natalia V. Navarro
November 19 2019

The unemployment rate in Colorado is down again this month to a record low of 2.6 percent, continuing a trend of decreasing rates since February.

“I didn’t think it could get much tighter than this, but here we are,” said Andrew Friedson, a University of Colorado Denver economist. “Colorado continues to be hotter than the U.S. economy in general.”

October tied for the lowest rate since the Department of Labor began collecting unemployment data in this way in 1976.

The national unemployment rate is 3.6 percent. Colorado also showed faster job growth than the national average in October.

Read more here.

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