Colorado Unemployment
According to the BLS current population survey (CPS), the unemployment rate for Colorado fell 0.1 percentage points in November 2022 to 3.5%. The state unemployment rate was 0.1 percentage points lower than the national rate for the month. The unemployment rate in Colorado peaked in May 2020 at 11.8% and is now 8.3 percentage points lower. From a post peak low of 3.3% in July 2022, the unemployment rate has now grown by 0.2 percentage points. You can also see Colorado unemployment compared to other states.
Unemployment Rate | November 2022 | Month/Month | Year/Year |
---|---|---|---|
National | 3.6% | -0.1 | -0.6 |
Colorado | 3.5% | -0.1 | -0.8 |
Note: All comparisons are made with November data as December state level unemployment data has not yet been released.
Unemployment Rate: Colorado, National
Note: Recessions shown in gray
Colorado Unemployed
The number of people unemployed in Colorado peaked in May 2020 at 366,505. There are now 252,883 fewer people unemployed in the state. From a recent trough of 107,471 in July 2022, the number of unemployed has now grown by 6,151. Colorado job growth data is also available.
Unemployed Persons | November 2022 | Month/Month | Year/Year |
---|---|---|---|
Colorado | 113,622 | -2,702 | -23,938 |
Number of Unemployed Persons
Colorado Unemployment History
Date | National Unemployment Rate |
Colorado Unemployment Rate |
Colorado Unemployed |
---|---|---|---|
December 2022 | 3.5% | — | — |
November 2022 | 3.6% | 3.5% | 113,622 |
October 2022 | 3.7% | 3.6% | 116,324 |
September 2022 | 3.5% | 3.4% | 109,591 |
August 2022 | 3.7% | 3.4% | 111,878 |
July 2022 | 3.5% | 3.3% | 107,471 |
June 2022 | 3.6% | 3.4% | 111,682 |
May 2022 | 3.6% | 3.5% | 114,509 |
April 2022 | 3.6% | 3.6% | 116,483 |
March 2022 | 3.6% | 3.7% | 118,501 |
February 2022 | 3.8% | 4.0% | 127,172 |
January 2022 | 4.0% | 4.2% | 132,294 |