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Businesses across a multitude of sectors in Colorado Springs and the nation are struggling with staff shortages as the pandemic has seen people leaving their jobs in record numbers as
Colorado’s unemployment rate fell to 4.1% in January, and the state has regained nearly all the nonfarm payroll jobs lost in the first two months of the COVID-19 pandemic, as well as all the private-sector jobs, according to the state labor department.
New sales tax collection figures show strong spending and a healthy commercial market in Colorado Springs.
The unemployment rate for the state and region dropped again in December, but still is higher than the national average.
Colorado’s unemployment rate dropped to 4.8% in December – the sixth straight month the rate has fallen – and the state has gained back 89.3% of the jobs lost during March and April 2020 at the onset of the COVID-19 pandemic.