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

Colorado Springs Gazette, News

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.