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August 19, 2014 12:23 PM UTC

33 Consecutive Months Of Job Growth In Colorado

  •  
  • by: Colorado Pols

3d graph arrow blue

As the Denver Post's Howard Pankratz reports, what may be the worst possible news for GOP  political campaign messaging is great news for the rest of us:

Colorado logged its 33rd consecutive month of job growth in July and unemployment dipped to 5.3 percent, the ninth-lowest rate in the country.

The state last hit 5.3 percent unemployment in October 2008.

In June, the state unemployment rate was 5.5 percent. Since then, Colorado has added 5,500 non-farm payroll jobs, raising the total to nearly 2.5 million jobs, the fifth-fastest job increase in the United States.

"Employment gains and the improving labor market are pretty widespread across the state," said Alexandra Hall, chief economist for the Colorado Department of Labor and Employment.

Politically, there's very little for detractors to carp about in these latest numbers: the unemployment rate fell not due to workers leaving the workforce or government job growth, but thousands of honest-to-Pete private sector jobs being created in Colorado.

Despite all of the day-to-day message battles between Republican and Democratic campaigns and surrogate spin doctors, it remains a truism in politics that a good economy gives incumbents a big advantage in any election. Voters reliably punish incumbents when they feel uneasy about their own economic prospects, and reward incumbents when they feel positive. This is a big reason why, in the present economic climate of not just recovery but real bullishness beginning to peek its head out, Republicans hoping to oust Democrats both in Colorado and nationally cannot acknowledge that the economy is doing well. To do so, as we've discussed previously, would be to admit the inadmissible: that Obamacare hasn't wrecked the economy as Republicans not only predicted beforehand, but insisted has happened in the months since the law took effect.

And if Obamacare didn't destroy the economy, a whole lot of other things descending from that aren't true either. Very quickly, a small admission like "yes, the economy is getting better" could lead to major troubles for the GOP's whole ideological edifice.

Bottom line: one of the biggest dangers Republicans face today is this simple news report being broadly understood by the voters: who then hear the words "the economy is a disaster" from a GOP politician, and realize it isn't true. If Republicans lose control of this narrative, and economic bullishness becomes a prevalent mindset before November, it will severely weaken their case for undecided votes.

In the meantime, we'll say it gladly: congratulations to the thousands of Coloradans headed back to work.

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