COLORADO — Colorado’s unemployment rate fell to 7.3% in August from 8.9% a month earlier, the Colorado Department of Employment Services said Wednesday.
The jobless rate fell below the state’s 6.5% national average for August, but still remained well above the national average of 6.1%.
Job seekers have until May 15 to apply for new jobs and employers can still choose to hire the unemployed.
Colorado has been battling an economic downturn that has led to a record number of job cuts.
Job openings are at a 24-year low, with nearly 8.2 million people unemployed.