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March 13, 2012 10:13 PM UTC

Colorado's Unemployment Falls Again, Recovers Faster

  • 8 Comments
  • by: Colorado Pols

As the Denver Business Journal’s Mark Harden reports:

Colorado’s unemployment rate dipped again in January for the fifth straight month, to 7.8 percent, the lowest rate in nearly three years, the Colorado Department of Labor and Employment reported Tuesday.

Unemployment in the state in January was a full percentage point lower than the rate of 8.8 percent a year earlier — a bigger decline over that period than all but 13 states — and was down 1.5 points from February 2011’s all-time high of 9.3 percent.

The last time unemployment was this low in the state was in March 2009, when the rate was 7.7 percent, according to CDLE archives.

Clearly, those job-killing Democrats are slacking off.

Comments

8 thoughts on “Colorado’s Unemployment Falls Again, Recovers Faster

    1. except we already were saddled with Tabor when we went into the shitter . . . logic fail.  (. . . besides, everyone knows that Colorado’s business climate is so realively good today because of all the evangelicals in Colorado Springs that just started praying for things to get better.)

        1. the Republicans in our State legislature finally got serious about their “jobs, jobs, jobs” agenda (Instead of wasting any time on divisive social issues) . . . bada bing.

    2. think of how good our educational system would be, so we could provide top talent to prospective employers.  Think of the infrastructure we could provide as well. Awesome.

    3. First off low taxes are not significant for business growth and the job growth that comes with it. If it was Silicon Valley would never have happened in California. Same for the high tech area in Boston Massachusetts.

      Second, what does matter for good jobs that pay well is almost always a highly educated workforce. Colorado fails on this count.

      What’s the biggest problem my company faces? Finding qualified people to hire. We’ve had job openings every day for the last 2 years. We fill some (a couple of people started yesterday) but we still have a number of openings.

      Colorado does well with oil & gas because we have a lot of oil & gas in the ground. Colorado does well in High Tech because of CU, Mines, and the venture capital community up in Boulder (yes high tax Boulder). Colorado does well with tourism because we haven’t (yet) let the O&G, and mining industries destroy all of the beauty here as they drive through.

      But the anti-education spending conservative voters in this state? They’re the biggest downside to running a high-tech company in Colorado. They are the limiting factor for those jobs.

      (Cue BlueCat and SXP bitching about my speaking from first hand experience.)

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