Colorado Unemployment
According to the BLS current population survey (CPS), the unemployment rate for Colorado rose 0.1 percentage points in October 2023 to 3.3%. The state unemployment rate was 0.6 percentage points lower than the national rate for the month. The unemployment rate in Colorado peaked in May 2020 at 11.6% and is now 8.3 percentage points lower. From a post peak low of 2.6% in August 2022, the unemployment rate has now grown by 0.7 percentage points. You can also see Colorado unemployment compared to other states.
| Unemployment Rate | October 2023 | Month/Month | Year/Year |
|---|---|---|---|
| National | 3.9% | +0.1 | +0.2 |
| Colorado | 3.3% | +0.1 | +0.5 |
Unemployment Rate: Colorado, National
Note: Recessions shown in gray
Colorado Unemployed
The number of people unemployed in Colorado peaked in May 2020 at 360,803. There are now 254,872 fewer people unemployed in the state. From a recent trough of 83,483 in August 2022, the number of unemployed has now grown by 22,448. Colorado job growth data is also available.
| Unemployed Persons | October 2023 | Month/Month | Year/Year |
|---|---|---|---|
| Colorado | 105,931 | +2,409 | +15,196 |
Number of Unemployed Persons
Colorado Unemployment History
| Date | National Unemployment Rate |
Colorado Unemployment Rate |
Colorado Unemployed |
|---|---|---|---|
| October 2023 | 3.9% | 3.3% | 105,931 |
| September 2023 | 3.8% | 3.2% | 103,522 |
| August 2023 | 3.8% | 3.1% | 99,856 |
| July 2023 | 3.5% | 2.9% | 95,121 |
| June 2023 | 3.6% | 2.8% | 91,706 |
| May 2023 | 3.7% | 2.8% | 90,045 |
| April 2023 | 3.4% | 2.8% | 89,371 |
| March 2023 | 3.5% | 2.8% | 91,077 |
| February 2023 | 3.6% | 2.9% | 92,704 |
| January 2023 | 3.4% | 2.8% | 90,436 |
| December 2022 | 3.5% | 2.8% | 89,130 |
| November 2022 | 3.6% | 2.8% | 90,091 |
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
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