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Denver looking For Workers

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(3 pp). Overall Colorado's rate of unemployment as of August of this year (2000) was 2.7 percent; the corresponding figure for Denver over the same time period was 2.3 percent. With employers along Denver's Front Range mountains scrambling to fill job vacancies, senior citizens, teenagers and people previously considered unemployable have become sought-after commodities. Virtually everyone who wants a job has one: Colorado's unemployment rate was 2.3 percent in June, the second-lowest in the country. The jobless rate rose to 2.7 percent in July, but remains at historically low levels. Bibliography lists 4 sources.

Page Count:

3 pages (~225 words per page)

File: D0_BBdnvemR.doc

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everyone who wants a job has one: Colorados unemployment rate was 2.3 percent in June, the second-lowest in the country. The jobless rate rose to 2.7 percent in July, but remains at historically low levels. Bibliography lists 4 sources. BBdnvemR.doc DENVER LOOKING FOR WORKERS Written by for the Paperstore, Inc., October 2000 Introduction Colorados overall unemployment rate dropped to 2.8 percent during August, according to figures from the Colorado Department of Labor and Employment. The drop was slight -- just two-tenths of 1 percentage point -- but helped push the jobless rate well below last August, when 4 percent of the states work force was unemployed. So far this year, the jobless rate in the state has ranged from 2.7 percent to 3.1 percent. Total employment in Colorado was up 57,000 for the first eight months of 1999, compared with the same period a year ago. The department noted the states two largest industries -- trades and services - were responsible for creating 28,300 of Colorados 36,500 new jobs over the past year (Denver Business Journal). Colorado Labor Force Developments Seasonally adjusted resident employment fell 5,400 over-the-month to 2,249,100. But the number of job holders was still up 64,000 or 2.9 percent from last April. Reflecting the labor force movement at this time of year, the estimated number of unemployed persons went up 1,700 to 65,100 during the month. The number of unemployed, however, is still down from the level of 66,800 one year ago. Colorado firms added 4,400 jobs over-the-month reaching 2,190,700. This was an increase of 3.6 percent or 76,300 positions from April 1999. Two industry sectors lost jobs over-the-month. Transportation and public utilities and finance, insurance, and real estate ...

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