Tuesday, April 26, 2011

State of Working Colorado: Working or looking for work

The labor force participation rate measures the share of the working-age population that has a job or is looking for one. It is calculated by dividing the number of people with jobs or looking for jobs by the total working-age population (age 16 and older).

Historically and in 2009, Colorado’s labor force participation rate is higher than the regional or national average. In 2009, Colorado’s labor force participation rate was 70.5 percent. (Figure 5) That ranks 16th highest in the nation.
For more insights, including detailed policy recommendations for enhancing economic security for all Coloradans, check out the State of Working Colorado 2010.

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