DENVER (CBS4)– The Colorado Department of Labor says the state’s economy is growing faster than that of the rest of the nation. The state unemployment rate declined to 3.5% in May.
File photo of a person holding money. (Photo by JUAN BARRETO/AFP/Getty Images)
Nationally, that number was slightly higher at 3.6%.
The report states that industries like hospitality, manufacturing and business services added more than 1,000 jobs last month.