Monday, October 1, 2012

Real Unemployment Reaches 20% In 7 Colorado Counties


The Rumor Mill News Reading Room 

Real Unemployment Reaches 20% In 7 Colorado Counties
Posted By: RumorMail [Send E-Mail]
Date: Monday, 1-Oct-2012 03:40:02

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.
The letter, obtained through the Colorado Open Records Act, was sent August 29 as required by federal law. According to the Consolidated Farm and Rural Development Act, the Colorado Labor Department is required to certify counties where the “Not Employed Rate” surpasses 19.5%.
The “Not Employed Rate” is defined as “the percentage of individuals over the age of 18 who reside within the community and who are ready, willing and able to be employed but are unable to find employment as determined by the State Department of Labor.”
Ranking highest was Costilla County at 23.56 percent. The list runs from larger counties like Pueblo (20.09%), Montrose (20.62%) and Fremont (19.66%) to smaller populations like Huerfano (21.78%), Archuleta (19.97%) and Dolores (19.85%).
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.
http://thecoloradoobserver.com/2012/09/real-unemployment-reaches-20-in-7-colorado-counties/

1 comment:

Anonymous said...

my county we spend coins.
We don't just say what we don't want, we do it.
People are hiring and we have a very low unemployment.
Travis County.

You are who you are waiting on.
What's in your wallet? (electronic currency and FRNs)
You want someone to come from space to save you when you can carry the 'load' and make your own freedoms.

Much love as you find your way.