Press Release: Colorado Employment Situation – October 2020
Employers in Colorado added 21,100 nonfarm payroll jobs from September to October for a total of 2,688,100 jobs, according to the survey of business establishments. Private sector payroll jobs increased by 22,000. Government shed 900 jobs in October, with the majority of those losses attributable to the end of the 2020 Census campaign and related temporary jobs. Since May, Colorado has gained back 217,000 of the 342,300 nonfarm payroll jobs lost between February and April. That translates to a job recovery rate of 63.4 percent, which exceeds the U.S. rate of 54.5 percent.