PROJ01934 ‎(2)‎

• Contract/PO #: C153471
• Contractor Name: Frederick, Town of
• Contract Type: Loan
• Water District: 0
• County: Weld
• Loan Projects - Doc Type: Feasibility Study

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Unemployment
i According to the 1990 U.S. Census 679 people were in Frederick's labor force; of these, 5.6%
were unemployed. This is comparable to Weld County's unemployment rate of 5.7% during the
Census. Although current unemployment information in Frederick is not available, it is estimated
that the Town's unemployment level remains similar to that of Weld County.

Unemployment Data - Percent of Labor Force Unemployed

Year Weld County Colorado U.S.
1986 8.0% 7.2% 6.9%
1987 8.5 7.7 6.1
1988 6.9 6.5 5.5
1989 6.1 6.0 5.3
1990 4.8 4.9 5.5
1991 4.7 5.0 6.7
1992 5.1 5.9 7.4
1993 4.8 5.3 6.8
1994 4.9 4.7 6.1
1995 4.3 3.9 5.7

Sour~: Greeley I Weld Economic Development Action Partnership, Inc.

" The Weld County unemployment rate has fallen fairly steadily since 1987. As of November 1995,
-, the average unemployment rate in Weld County stood at 4.3% and, during the past three years, the
) unemployment rate in'the COUIity remained below 5%. From 1990 - 1994, the unemployment rate
.' within Weld County was lower than the State and it was substantially lower than the national level.

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