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Tuesday, September 22, 2009

Colorado jobless rate less dire, but outlook grim


One year after the nation’s economy plunged into recession, job prospects continue to look bleak. This is true in Colorado, where the unemployment rate of 7.3 percent is better than the national rate of 9.7 percent, but where food pantries reported 25 percent more traffic this summer than last. With the House’s proposed bill to extend unemployment benefits only available to states holding an unemployment rate of at least 8.5%, Colorado expects no relief in the near future.

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