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Colorado Labor Department: Economy Growing Faster Than Other States

DENVER (CBS4)- The Colorado Department of Labor says the state's economy is growing faster than that of the rest of the nation. The state unemployment rate declined to 3.5% in May.

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File photo of a person holding money. (Photo by JUAN BARRETO/AFP/Getty Images)

Nationally, that number was slightly higher at 3.6%.

The report states that industries like hospitality, manufacturing and business services added more than 1,000 jobs last month.

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