Latest Arapahoe House News
Nov 20, 2019
Labor market is now as tight as it was in early 2017 Share this: Andy Cross, The Denver Post Karissa Moody, left, talks with Todd Schneider, managing counselor at Creative Treatment Options at a job fair for Arapahoe House employees at the Community Reach Center Dec. 29, 2017. Moody was a clinical assistant for the adult resident program at the Arapahoe House. November 20, 2019 at 6:00 am Colorado’s unemployment rate in October tested historic lows reached in the first half of 2017, according to an update from the Colorado Department of Labor and Employment. The state’s seasonally-adjusted unemployment rate dipped to 2.6% in October, matching the rate that was in place from February to June 2017. That 2.6% rate is the lowest measured in a series going back to 1976. During the height of the dot-com boom in 2000, the state’s seasonally-adjusted unemployment rate got as low as 2.7% and for years that record held. After hitting 2.6% in early 2017, the rate rose to a near-term high of 3.7% in January and February of this year before moving lower again. The U.S. unemployment rate is a full percentage point higher than Colorado’s at 3.6%. “Twenty-seven states have unemployment rates of 3.5% or lower. In other words, Colorado Is one of many states that is struggling to find qualified workers to fill jobs,” said Broomfield economist Gary Horvath. Because of the tight market, jobs were added at the slowest rate in the first half of the year than at any time since the first half of 2011, Horvath said. But in July, job growth accelerated again. Employers in Colorado added 3,100 nonfarm payroll jobs from September to October, with private sector payrolls increasing by 4,200 and government decreasing by 1,100. Related Articles Nonfarm payroll jobs have increased by 52,700 over the past 12 months, with a gain of 43,800 in the private sector and 8,900 in government. Professional and business services; educational and health services; and trade, transportation, and utilities were the sectors that have added the most workers this year in Colorado. Eliminating adjustments for seasonality, such as holiday hiring, and Colorado’s unemployment rate actually reached a historic low of 2.2% in September and rebounded to 2.4% in October. Yuma County had the lowest nonseasonally adjusted unemployment rate in the state in October at 1.2%, followed by Phillips County at 1.3%. Huerfano County has the highest unemployment rate at 4.3%, followed by Hinsdale County at 4.2%. Metro Denver’s raw unemployment rate was 2.3% in October, with Fort Collins the lowest among metro areas at 2.0% and Pueblo the highest at 3.5%. Tags: November 19, 2019 at 7:51 pm In-N-Out Burger should be serving up stacked 4x4 burgers and animal style fries in the metro area by this time next year. The Lone Tree City Council on Tuesday night voted to approve construction of a 3,867-square-foot In-N-Out restaurant at 9171 Westview Road, just northwest of Park Meadows Mall. November 19, 2019 at 6:00 am An In-N-Out Burger joint slated to pop up near Park Meadows Mall next year could attract more than 1,300 hungry carfuls of customers a day seeking the famous Double-Double at the iconic California eatery -- and all that beef could generate monster-sized traffic jams for this fast-growing suburb. November 18, 2019 at 7:19 pm Minimum wage coverage, overtime pay and mandatory breaks will be extended to a broader array of workers in the state under a proposed order from the Colorado Department of Labor and Employment. November 17, 2019 at 6:00 am For those thinking former U.S. Rep. Mike Coffman will now use his new job as mayor of Aurora to stoke and revive greater political ambitions -- like perhaps a run for the U.S. Senate against Michael Bennet in 2022 -- Coffman says they should think again.