Colorado Department of Labor and Employment Executive Director Donald Mares had been encouraged when the unemployment rate held steady at 8 percent the last few months, but for many job seekers, good news is still to come.
“The August report underscores that we have yet to see stability in the jobs market,” Mares said in a written statement Tuesday. “We hope to see positive momentum in the months ahead.”
The number of working Coloradans in August, adjusted for seasonal differences, fell by about 2,100 over the month to about 2.44 million, down from almost 2.48 million in August 2009, the department said.
About 216,500 Coloradans were unsuccessfully looking for work, up from 213,300 a year earlier.
The national unemployment rate was 9.6 percent in August.
Among the 11 industry sectors the state labor department tracks, four have added jobs in the last year. The education and health services sector has added 6,700 jobs, but the construction industry has shed 15,300 jobs in that time.