Colorado employers add 9,500 jobs

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CONTRIBUTED BY COLORADO DEPT. OF LABOR AND EMPLOYMENT

Employers in Colorado added 9,500 nonfarm payroll jobs from March to April for a total of 2,765,200 jobs, according to the survey of business establishments. Private sector payroll jobs increased 8,300 and government increased 1,200. March estimates were revised up to 2,755,700, and the over the month change from February to March was an increase of 6,500 rather than the originally estimated increase of 6,100.

According to the survey of households, the unemployment rate decreased one-tenth of a percentage point from March to April to 3.4 percent. The number of people actively participating in the labor force decreased 800 over the month to 3,138,800 and the number of people reporting themselves as employed increased 4,600 to 3,033,700. The increase in total employment combined with the decrease in the labor force caused the number of unemployed to decrease 5,400 and the unemployment rate to decline to 3.4 percent. The national unemployment rate decreased two-tenths of a percentage point in April to 3.6 percent.

The largest over the month private sector job gains were in leisure and hospitality, professional and business services, and financial activities. The largest over the month decline was in trade, transportation, and utilities.

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