Mass layoffs in Colorado declined again in 2012

3:45 PM, Jan 26, 2013   |    comments
Job applicants enter the 'Denver Hires Job Fair' on December 5, 2011 in Denver, Colorado. Last week the U.S. government announced that the national unemployment rate has fallen to 8.6 percent, lower than most analysts had predicted and the lowest since 2009. (Photo by John Moore/Getty Images)
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BLS economist Linda Nickisch says Colorado employers reported 104 mass layoffs in 2012, compared to 114 in 2011 and 153 in 2010. She adds that during the three years, the trend resulted in fewer initial claims for unemployment.

The Denver Post reports
2012 saw 9,896 initial claims for unemployment - down from 11,036 in 2011 and 13,915 in 2010.

(Copyright 2013 The Associated Press. All rights reserved.)

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