Colorado Unemployment Ticks Up in November, Still 5th Lowest In US

Dec 23, 2017, 00:41
Colorado Unemployment Ticks Up in November, Still 5th Lowest In US

Indiana's unemployment rate declined to 3.7 percent in November, ending a climb that began in July. The Golden State's economy got off to a slow start this year, but has been picking up steam in the second half.

Despite the fact the general job market is improving, the unemployment rate in certain metro areas continue to be terrible.

The state has now added jobs in three consecutive months, after several months of alternating job losses and gains.

Hawaii's rate was the lowest in the nation at 2 percent. The state boasts the 5th lowest unemployment rate in the country. Welch said the job gains this year were higher than usual for November. With the exception of October 2014, when it was equal to the national rate, Indiana's unemployment has been below the US unemployment rate for more than four years.

The construction industry was the biggest contributor to the increase, adding 3,000 jobs or 6.7 percent year-over-year.

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