Colorado unemployment rate unchanged at 3.8 percent |

Colorado unemployment rate unchanged at 3.8 percent

The Associated Press
Glenwood Springs, CO Colorado

DENVER ” Colorado’s unemployment rate remained at 3.8 percent in August, unchanged from July, the state Department of Labor and Employment said Tuesday.

“Labor market changes tended to be small and favorable for most areas throughout the state,” labor department director Don Mares said.

After seasonal adjustments, the number of working Coloradans was 2.6 million in August, down 17,300 from the month before.

The number of Coloradans who looked but couldn’t find jobs was 102,500, down 300 from the month before.

A year ago, state unemployment rate was 4.4 percent.

Nationwide, the August 2007 unemployment rate was 4.6 percent.

Colorado’s trade, transportation and utilities segment had the biggest increase in total jobs in August, up 2,500. Retail trade was the driver.

The professional and business services sector added 2,000 jobs, primarily in administration, support, waste management and remediation.

Educational and health services added 1,700, leisure and hospitality 1,600, government 600 and natural resources and mining 500.

Construction added 300 workers and financial activities was unchanged.

The manufacturing sector cut 1,800 jobs. Information lost 400 jobs and the “other services” sector lost 200.

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