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Friday morning, Governor Jared Polis and the Colorado Department of Labor and Employment announced that Colorado’s unemployment rate declined in December to 3.3 percent. It is now below the national unemployment rate of 3.5 percent.

Earlier this week, Governor Polis delivered his State of the State address, where he highlighted the administration’s ongoing work in partnership with the legislature to boost Colorado’s workforce and support the state’s strong economy.

In that address, Gov. Polis pointed out that there are currently two available jobs in this state for every unemployed person, with more work to be done to enhance the state’s workforce.

Governor Polis, left, visits the Solvista Regional Assessment Center construction site with former State Representative Jim Wilson. Photo courtesy of the governor’s office

“We are continuing to bring good-paying jobs to Coloradans and save people money, and these efforts are reflected in our state’s strong economy,” said Polis.

“Colorado’s low unemployment rate and high rate of job growth continue to outpace the nation, but there is still more progress to be made with two open jobs for every unemployed person, which is why we are doubling down on our work to make sure every Coloradan can access to the skills they need to get a good-paying job, and every business can hire the workforce they need to power our economy.”

Colorado’s strong labor market added 8,600 jobs in December. Job gains were made across several industry categories including leisure and hospitality, manufacturing, and business and professional services.

As it has for nearly the past two years, Colorado’s strong job recovery rate continues to outpace the national rate, as it has for nearly two years; at 124.5 percent and 105.6 percent respectively.

Colorado’s rate of job growth, which stands at 3.7 percent, continues to outpace the U.S. rate of 3.0 percent.