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Posts Tagged With ‘ unemployment ’

 

Polis Extends State of Emergency After “a reversal of some of our gains”

June 22nd, 2020

Polis acknowledged that “data is now starting to show a reversal of some of our gains” in a recent statement after extending the state of emergency for another 30 days. Polis stated, “this emergency extension helps Colorado further support our response efforts and remain prepared in the face of this global pandemic.” Colorado’s diligent mask use and social distancing efforts have so far kept coronavirus cases relatively low after certain sectors have been reopened, and Polis acknowledged this and encouraged the population to continue these safe standards, especially... Read More

As Unemployment Hits 25% Among Young People, Many Flee Out of Cities Back Home to the Suburbs

May 21st, 2020

The novel coronavirus is hitting everyone hard in different ways; the elderly are more at risk, parents are being forced to homeschool their children, and young adults in their early 20s are losing jobs at a rapid pace. Unemployment is currently at nearly 25% across the country, and the vast majority of this is coming from young people, who are slightly above 25%. The younger generation is fleeing the cities they were once living in after losing their jobs and returning home to the suburbs, usually with their parents, as they reconsider life in the city. All of its attractions, the nightlife and... Read More

Coloradoans Refusing to Go Back to Work Because Unemployment Benefits Pay More

May 2nd, 2020

The Regional Economic Development Institute at Colorado State University has determined that the majority of Coloradoans receiving unemployment benefits are making more than they were making at their jobs. The cutoff point for this number is about $30 an hour, meaning if you make less than that there is financial incentive not to return to work. Since the majority of workers unemployed due to the crisis were working in low paying service sectors, recipients could be receiving up to 150% more than they were making while employed. Unemployed workers are currently receiving both state and federal... Read More

Colorado Unemployment Claims Top 60,784; How to Apply if You Need Help

April 3rd, 2020

Unemployment claims have been steadily increasing in Colorado as shutdowns continue across the state. To compare, recession-level claims were averaging about 5,000 a week; last week claims were at at 19,000, and this week has hit 60,000. File an unemployment insurance claim – Colorado Department of Labor and Employment Unemployment guide – Colorado Department of Labor and Employment Additional information on unemployment in Colorado – Colorado Department of Labor and Employment Learn more about unemployment insurance from this PDF – U.S. Department of Labor  Read More