Unemployment drops to 8 percent in Colorado

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The unemployment rate in Colorado dropped to 8 percent from October to November, according to the Department of Labor and Employment.

The number of people actively participating in the labor force increased 17,600 to 2.7 million and total employment increased 21,100 to 2.4 million.

The national unemployment rate dropped to 8.6 percent for the same time period.

However, over the year, the average workweek for all employees on private, nonfarm payrolls dropped to 24.4 hours, but average hourly earnings increased to $24.19.

The largest job gains were in professional and business services. The largest declines were in trade, transportation and utilities, leisure and hospitality and financial activities.