Overview of the national, state, and local macroeconomies. Discussion of economic conditions
Topics of special interest in Southwest Colorado
Printer friendly version2nd Quarter 2006
Regional Comparisons
National, State, and Local Unemployment Comparisons
When comparing La Plata County with the national and Colorado economies with respect to unemployment and personal income, the local economy fares very well. La Plata County’s unemployment rate continues to remain below both the national and the state’s rates (see Table 1).
TABLE 1 – Comparison of Unemployment Rates – National, State, Local
|
October 2005 Unemployment Rate |
October 2006 |
United States |
5.0% |
4.6% |
Colorado |
4.4% |
4.1% |
La Plata County |
4.9% |
4.4% |
Sources: U.S. Department of Labor, Bureau of Labor Statistics and Colorado Department of Labor and Employment, Labor Market Information
