Colorado unemployment up slightly to 7.6 percent
DENVER, Colorado – Colorado’s unemployment has risen slightly, cutting short a downward trend that some pointed to as hope for a recovery.
State labor officials said Friday that Colorado’s seasonally adjusted rate was 7.6 percent in May, up from 7.4 percent in April. In May of last year, Colorado’s unemployment rate was 4.7 percent.
April’s rate was the first monthly decline in unemployment since 2007.
Officials say Colorado is still better off than much of the country. The national unemployment rate reported Friday was 9.4 percent, with eight states setting record highs and only two showing declines.
The West region’s unemployment rate climbed above 10 percent, the first time the regional threshold has been broken in about 25 years.
Snow usually comes and goes in this part of the state. A forecasted storm is expected to stick around for a while. Forecasters are calling for snow to persist throughout the weekend in the high country, with a prospect of a couple of feet of powder by the time the storm starts to diminish on Monday.