1. Colorado Springs unemployment rate declines in March to 9-month low

    More jobs were created than people entering the labor force in the Colorado Springs area in March, the U.S. Bureau of Labor Statistics reports.

    The area's 3.2 percent unemployment rate was down from 3.5 percent in February, where it had remained six months, and was the lowest monthly rate since 3.2 percent in June.

    The local rate reached a 16-year low of 2.9 percent in March 2017.

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    1. It is good news that our unemployment rate has bottomed out and people are getting into the workforce. A big driver of that is the millennial generation entering the job market for the first time.
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