Colorado unemployment rate dips to 8 percent

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DENVER — Colorado’s unemployment rate dropped two tenths of a percentage point in September, from 8.2 percent down to 8 percent, in the final monthly jobs report that will be released before Election Day, now 18 days away.

Roughly 7,000 jobs were added to the workforce last month, but the rate’s slight dip is more the result of a larger increase in the number of people reporting their status as employed than the increase in those actively participating in the labor force.

Colorado is one of nine swing states set to decide the race for the White House where unemployment rate either dropped or held steady last month, a development that could help President Barack Obama as this close election comes down to the wire.

Rates dropped in Ohio, Florida, Wisconsin, Colorado, Iowa, Nevada and North Carolina. They stayed the same in New Hampshire and Virginia.

Overall, the Labor Department says rates fell in 41 states last month, rose in six and were unchanged in three. The national unemployment rate dropped in September to 7.8 percent, the lowest level since Obama’s first month in office.

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