Moffat county economic trends — employment statistics for October, November 2018
CRAIG — The unemployment rate for Moffat County increased in both October (3.1 percent) and November (3.3 percent), both higher than the 2.9 percent unemployment rate recorded for the county in September. The lowest unemployment rate for the year, to date, was recorded at 2.5 percent in May.
Moffat County’s unemployment rate for November was equal to the state average of 3.3 percent. The national unemployment rate for November was higher than Colorado and Moffat County at 3.7 percent, which has been unchanged since September.
Employers in Colorado added 1,800 nonfarm payroll jobs from October to November, for a total of 2,749,800 jobs, according to a survey of business establishments conducted by the Colorado Department of Labor and Employment. Private sector payroll jobs increased by 700, and government increased by 1,100.
There are 4,829 people currently employed full-time and 7,451 employed across all employment types. As of Wednesday, 137 jobs were advertised online in Moffat County, according to data from the CDLE.
The same data shows that, in Moffat County, Memorial Regional Health is seeking 20 employees, the Moffat County School District is seeking 14 employees, and City Market and Kum & Go, L.C. are each seeing seven employees. The individually owned and operated Ace Hardware Store is seeking four new employees.
Through the course of the year across Colorado, the average workweek for all employees in private, non-farm payrolls decreased from 33.4 to 33.2 hours, and hourly earnings averaged $26.88 per hour, $1,075 per week, and $55,900 per year.
Moffat County workers take-home pay increased from prior months at an average of $22.83 per hour, $925 per week, and $48,100 per year, but wages continue to be below the state average.
Contact Sasha Nelson at 970-875-1794 or snelson@CraigDailyPress.com.
Tri-State Generation & Transmission unveiled its new Responsible Energy Plan this week, which will transition the company’s power portfolio further into renewables to reduce electric rates for its members.