West region · state data

Colorado unemployment rate and jobs

Colorado's unemployment rate was 4.1% in Sep 2026, 0.1 percentage points below the U.S. rate of 4.2%. That was up from 3.8% a year earlier.

Source: U.S. Bureau of Labor Statistics (Local Area Unemployment Statistics and Current Employment Statistics) via FRED®. Monthly data, seasonally adjusted. Latest observation Sep 2026; snapshot taken Oct 27, 2026, 2:15 AM EDT.

Unemployment rate (Sep 2026)

4.1%

U.S. rate, same month

4.2%

Difference from U.S.

-0.1 pt

A year earlier

3.8%

Rank (1 = lowest rate)

31st of 51

Nonfarm jobs (Sep 2026)

2.97 million

Job growth, 12 months

+0.4%

Record low rate

2.4% (May 2017)

Unemployment rate: Colorado vs. the U.S.

4.1% Sep 2026 · Percent

2.5%3.0%3.5%4.0%4.5%5.0%20222023202420252026

Colorado unemployment rate U.S. unemployment rate

Percent of the labor force, seasonally adjusted. Colorado data from Jan 1976 to Sep 2026; the dashed line is the national rate (UNRATE).

How Colorado compares

In Sep 2026, Colorado had the 21st highest rate of the 51 states and DC. Across the 13 states in the West region, the simple average was 4.1%, so Colorado was right at the regional average.

Since the state series began in 1976, Colorado's rate has ranged from a low of 2.4% in May 2017 to a high of 11.7% in May 2020. Just before the pandemic, in February 2020, it was 3.2%, 0.9 points lower than now. Over the last 12 months the rate averaged 3.9% and was above the national rate in 0 of them.

Jobs in Colorado

Employers in Colorado reported 2.97 million nonfarm payroll jobs in Sep 2026, seasonally adjusted. That is 11,200 more than a year earlier (+0.4%), compared with +0.3% for the nation as a whole. Its 12-month job growth rate ranked 28th of 51. The record high was 2.98 million in Jun 2024. Compared with February 2020, payrolls are up 5.5%.

2,973.8K Sep 2026 · Thousands of persons

2,750K2,800K2,850K2,900K2,950K3,000K20222023202420252026

Total nonfarm payroll jobs, thousands, seasonally adjusted, from the BLS survey of employers. Data from Jan 1990.

Last 12 months in Colorado
MonthUnemployment rateU.S. rateNonfarm jobsMonthly job change
Sep 20264.1%4.2%2.97 million+2,400
Aug 20264.0%4.1%2.97 million-300
Jul 20263.9%4.1%2.97 million+3,800
Jun 20263.9%4.2%2.97 million+1,900
May 20263.9%4.3%2.97 million-900
Apr 20263.9%4.3%2.97 million+10,900
Mar 20263.9%4.3%2.96 million+2,800
Feb 20263.9%4.4%2.95 million-7,500
Jan 20263.9%4.3%2.96 million+1,300
Dec 20253.8%4.4%2.96 million-1,700
Nov 20253.8%4.5%2.96 million-1,500
Sep 20253.8%4.4%2.96 million-1,100

Record high unemployment rate: 11.7% (May 2020). Monthly figures are revised each year when BLS benchmarks the state data.

States with similar unemployment rates

Other West states

This page shows public labor market data for general information. It is not financial or career advice and does not predict future values.

Sources

FRED® is a registered trademark of the Federal Reserve Bank of St. Louis. Neither the Federal Reserve Bank of St. Louis nor the U.S. Bureau of Labor Statistics endorses OpenEcon.