Unemployment rates in Larimer County and statewide have dropped since August, as Colorado added 13,400 nonfarm jobs during the month of September. Colorado’s labor force has grown by 59,600 since last month.
With over 22 million jobs wiped out so far during the COVID-19 pandemic, WalletHub released its report on the Cities with the Biggest Growth in Unemployment Due to COVID-19.
Nearly a quarter of a million Coloradans have filed unemployment claims in the past four weeks, and one sector of the workforce has been especially hard hit.
The international customer service and call center company Concentrix is closing its Boulder facility, resulting in hundreds of layoffs for Colorado residents.
In a list from Niche.com, 5 cities in Colorado are come of the best cities in the country for millennials.
Here are the cities that made the list, and at what number they ranked:
Denver - #11
Boulder - #26
Fort Collins - #39
Lakewood - #69
Aurora - #92
Denver was ranked at #7 on last year's list of best cities in the country for millennials...
More good economic news, unemployment claims fell to a four-year low. According to the Department of Labor, unemployment claims fell to 357,000.
What does that mean?
Unemployment fell in Weld County in February. Colorado officials are reporting that the unemployment rate slipped from 9.6 percent to 9.2 percent last month.