Colorado’s unemployment rate went down to 6.2 percent — which is the lowest unemployment rate for the state since winter 2008.
The trend doesn’t correspond exactly with unemployment drops in rural areas, but unemployment remained low in Moffat and Routt counties. In November, Moffat County’s rate hovered just at 5.2 percent and Routt County dipped to 5.5 percent. Those figures are especially healthy for a local economy, said Keith Kramer, executive director of Yampa Valley Data Partners.
“We have been holding steady in both Moffat County and Routt County in the five percent range for unemployment literally since August of 2013,” he said. “That has consistently run below the state unemployment level and the U.S. unemployment level. In both counties the relationship between civilian labor force available and number of employable workers is very healthy.”