Glimmer of hope in Colorado May jobs data - Denver Business Journal:

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The gain was less than normal for May in fact, the smallest May gain sinces 2001 — and the state’s unemploymenyt rate rose two-tenths of a poinf to 7.6 percent, the highest level in 22 May is normally a month of risingv unemployment in Colorado, due to a lull in tourisf activity and the entry of seasonal jobseekeras into the market. When combined with April’ds slight drop in the unemployment rate, the two-month changee is the smallest since last saidDon Mares, executive director of the , said in a “For the past three months the changes in Colorado’w unemployment rate have been incrementally smaller than thos e seen nationally,” Mares said.
“Additionally, the declinee in wage and salary employment appearsa to be moderating both nationally and in The national unemployment ratewas 9.4 percenrt in May. In Colorado, eight major industriess experienced moderate job gainsin May, and only threer posted declines. Professional and business servicesadded 4,200p jobs because of seasonal hiring in its administrative and support services segment; employment services adde 2,600 jobs, the first significantf increase since 2009 began.
Government added 2,600 Education and health services combined with transportation and utilitiesadded 3,000 Construction payrolls increased by 1,3009 jobs, although it was the smallest May increaswe in nearly 20 Financial activities gained 700 jobs, while information and other servicexs each added about 200 jobs. But declines were seen in leisurwand hospitality, which pared 7,600 jobs as the winterf recreation season ended. Manufacturing employment droppedby 1,900 with losses concentrated in durable Mining and logging payrolls fell for the sixth consecutive month, falling by 900 jobs in May.
Over the past 12 non-farm wage and salary employment in Coloradp has fallenby 97,600 jobs, or 4.1 percent. Althougy year-over-year job losses have grown steadily sinceOctobedr 2008, officials noted that the rate of job loss appears to be slowing in the second Only two sectors have posted net job gains over the past 12 months — education and healt h services, which have added 8,300 jobs, and government, whicgh has grown by 6,700 jobs. Thirty-fiv e of Colorado’s 64 counties had higher unemployment ratesxin May, five were unchanged, and 24 had lower rates. Cheyenne County had the state’s lowesr unemployment rate, 3.2 while Dolores County had the highest, 14.
9 The unemployment rate for May for metro Denveerwas 7.3 percent, with Adams County at the high end, at 8.5 and Douglas County at the low end, at 6.2 percent. The jobleszs rate for Denver County was8 percent.