Colorado unemployment rate continued drop in July

Broomfield

DENVER — Colorado’s unemployment rate continued its months-long downward plunge in July, creeping within a half a percentage point of the pre-COVID-19 pandemic low. The seasonally adjusted jobless rate fell one-tenth of a percentage point in July to 3.3%, the lowest the figure has been since February 2020, when it was 2.8%, according to Colorado … Continued

Employers open jobs for workers not in workforce

Broomfield

Colorado employers have experienced a whipsaw in the past four years. Pre-pandemic, nearly every business sector complained about not being able to hire enough qualified people. Then came massive layoffs in 2020 and 2021, followed by inability to hire enough people again starting in late 2021 and into 2022. While the federal government’s Paycheck Protection … Continued

Colorado unemployment rate falls to 3.5%

Broomfield

DENVER — Colorado’s unemployment rate dropped to 3.5% in May 2022, the lowest since February 2020, according to new data released Friday by the Colorado Department of Labor and Employment. That dropped the state below the national average of 3.6%, the first time since October 2021 that Colorado has had a lower unemployment rate than … Continued

Colorado unemployment level syncs up with national average

Broomfield

Unemployment in Colorado matches the national average rate of 3.6%, according to new data about April 2022 provided by the Colorado Department of Labor and Employment today.  Ryan Gedney, senior labor economist with the Colorado Department of Labor and Employment, was optimistic about employment levels in a press call. The April unemployment report also found … Continued

Unemployment rate drops statewide, mostly flat in NoCo, Boulder Valley

Broomfield

DENVER — The Colorado unemployment rate fell three-tenths of a percentage point from October to November, while rates in Larimer, Weld, Boulder and Broomfield counties remained mostly unchanged over the month.  Colorado’s seasonally adjusted jobless figure was 5.1% in November, compared with a national average of 4.2%, according to new information provided Friday by the … Continued

Growth-inspired road projects continue to snarl area travel

Broomfield

The first half of 2022 saw the continuation of a series of major improvement projects that began during the past two or so years along Interstate 25, the main artery connecting Northern Colorado and the Boulder Valley with the wider Front Range.  Those projects — most of which center on adding a lane and replacing … Continued

Tech tops charts in exports from state

Broomfield

Tech continues to thrive in the Boulder Valley and Northern Colorado. Computer and electronic products were the state’s biggest export last year, and employment in the field grew for the fifth straight year.  That bore out in a real estate market that got hotter than ever. Real estate giant BioMed Realty LLC purchased for $625 … Continued

Residential, commercial sales boom, but office, retail questions linger

Broomfield

Commercial and residential real estate have proved largely immune to negative effects of the COVID-19 pandemic, but it remains to be seen whether they’ll be taken ill by another factor: rising interest rates. From Broomfield to Fort Collins, Boulder to Greeley, sales of commercial and apartment projects have set records, including the largest portfolio sale … Continued

State remains home to much of outdoor sector

Broomfield

While Colorado — and specifically Boulder — remains home to the outdoor industry’s top trade group, the Outdoor Industry Association, the Centennial State will no longer play host to the industry’s top trade show, Outdoor Retailer.  After five years in the Mile High City, OR is heading back to Utah. OR, which had previously been … Continued