Wednesday, June 26, 2013

Colorado unemployment rate below national rate for 12th month in a row

Colorado 's unemployment rate remained below the national unemployment rate for the twelfth month in a row in May, dropping to 6.9 percent in Colorado compared to 7.6 percent for the nation overall. (These are seasonally adjusted numbers.)

Colorado's seasonally-adjusted unemployment rate was down year over year in May, dropping from 8.2 percent during May 2012 to 7.0 percent during May 2013.

The national unemployment rate also fell at the national level, year over year, with a drop from 8.2 percent during May 2012 to 7.6 percent during May 2013.

The graph shows a comparison between the two rates since 2006 through May 2013:

May 2013 showed the largest difference between the Colorado unemployment rate and the national unemployment rate since 2010. The difference between state unemployment and national unemployment has been gradually growing since mid 2012.

See here for the employment article archive.