Economics in Colorado continue to improve. Over 50K jobs were added in 2003-2005, bringing the unemployment rate to 5%. The workplace continues to add jobs in the retail sector as more services are need to serve the growing population. July 2006 unemployment is just under the national average of 4.8% with 4.7% statewide. Earnings have risen 1.7% since 2004.
Education is gaining ground for Colorado residents. In 2000, the graduation rate was 86.9%, up from 84.4% ten years ago. The Adequate Yearly Progress Report showed that 63% of the schools passed basic requirements in 2003. With higher standards being enforced in 2005, it still had a 59% passing rate. Colorado has 1, 693 schools which spend $7,536 per student each year.