Colorado Springs’ job growth best in nearly 20 years

Payroll growth in the Colorado Springs area surged to a nearly 19-year high in September as employers added nearly 14,000 jobs from a year earlier, the U.S. Bureau of Labor Statistics reported Tuesday.

The area’s near-record job growth of 4.8 percent was the highest percentage gain in a 12-month period since December 1999 and came as the unemployment rate edged lower to 4 percent from 4.1 percent in August. The payroll and unemployment rate come from two different surveys — payroll numbers are generated from a survey of employers while the unemployment rate is compiled from a survey of households.

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