Department of Numbers

Colorado Springs, Colorado Unemployment

The BLS reported that the unemployment rate for Colorado Springs fell 0.0 percentage points in November 2023 to 3.6%. For the same month, the metro unemployment rate was 0.3 percentage points higher than the Colorado rate. The unemployment rate in Colorado Springs peaked in April 2020 at 11.3% and is now 7.7 percentage points lower. From a post peak low of 2.8% in April 2023, the unemployment rate has now grown by 0.8 percentage points. You can also compare Colorado Springs unemployment with unemployment in other cities.

Unemployment Rate November 2023 Month/Month Year/Year
National 3.7% -0.1 +0.1
Colorado 3.3% 0.0 +0.5
Colorado Springs 3.6% 0.0 +0.6
Note: Metro level data is now seasonally adjusted.1 All comparisons are made with November 2023 data as December metro level unemployment data has not yet been released.

Unemployment Rate: Colorado Springs, Colorado, National

Colorado Springs, Colorado monthly unemployment rate chart

Note: Recessions shown in gray.

Colorado Springs, Colorado Unemployed

The number of people unemployed in Colorado Springs peaked in May 2020 at 38,996. There are now 25,327 fewer people unemployed in the metropolitan area. From a recent trough of 10,686 in April 2023, the number of unemployed has now grown by 2,983. Colorado Springs employment and jobs data (including jobs lost/gained in Colorado Springs, Colorado) is also available.

Unemployed Persons November 2023 Month/Month Year/Year
Colorado Springs 13,669 +129 +2,310

Number of Unemployed Persons

Colorado Springs, Colorado Unemployment History

Date National
Unemployment Rate
Colorado
Unemployment Rate
Colorado Springs
Unemployment Rate
Colorado Springs
Unemployed
December
2023
3.7%
November
2023
3.7% 3.3% 3.6% 13,669
October
2023
3.8% 3.3% 3.6% 13,540
September
2023
3.8% 3.2% 3.5% 13,196
August
2023
3.8% 3.1% 3.3% 12,650
July
2023
3.5% 2.9% 3.1% 11,886
June
2023
3.6% 2.8% 3.0% 11,234
May
2023
3.7% 2.8% 2.9% 10,881
April
2023
3.4% 2.8% 2.8% 10,686
March
2023
3.5% 2.8% 2.9% 10,972
February
2023
3.6% 2.9% 3.0% 11,262
January
2023
3.4% 2.8% 3.0% 11,182

1. Metro area unemployment rates are now seasonally adjusted. The BLS has started publishing smoothed seasonally adjusted metropolitan area data which makes comparisons to state and national data more relevant than the unadjusted numbers.