Whereas the unemployment rate doesn’t include people who are out of work, but have given up looking for a job, the “Not Employed Rate” gives a fuller picture of the dire economic situation many Coloradans are currently facing. – The Colorado Observer

 

By Tyler Sandberg at The Colorado Observer

EXCERPTS:

“The slowest economic recovery since World War II is going especially slow for sections of Colorado, according to a letter from the Colorado Department of Labor and Employment (CDLE) obtained by The Colorado Observer.

In seven counties in Colorado unemployed individuals are close to or exceeding 20% of the population, a letter from the Chief Economist of CDLE to the U.S. Department of Agriculture says.”

FULL ARTICLE

H/T Sad Hill News

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