Job openings are in decline nationwide, too. Have we reached a new equilibrium? Plus: Who stopped looking for work?
unemployment
Posted inEconomy
What’s Working: Colorado is more transparent about wages than any other state
Updates to the Equal Pay for Equal Work law have begun. Plus: Homeownership, 487 people waiting 10+ weeks for unemployment benefits, labor department jobs and more!
Posted inEconomy
What’s Working: Waiting for unemployment benefits in Colorado? It may now take up to 16 weeks
More than 8,000 Coloradans have waited seven or more weeks for their jobless benefits. Plus: Rising unemployment, jobs and more!
Posted inBusiness, Economy, News
Colorado’s $1 billion unemployment loan on track to be paid off by November, preventing higher tax on employers
Colorado has paid back 87% of the $1 billion it borrowed from the federal government to provide out-of-work Coloradans unemployment benefits during the pandemic. As of this week, the outstanding balance was $133.1 million. There’s still a way to go to get the depleted unemployment insurance trust fund healthy again. But with Colorado’s strong job […]
Posted inBusiness, Economy, News
Coloradans face 10-12 week wait for unemployment pay to start as state deals with pandemic backlog
What’s Working: A version of this story first appeared in a segment of our weekly What’s Working column on July 16, 2022. Additional details are included in this story. Read the full column. >> Sign up for the newsletter It’s now taking 10 to 12 weeks for Coloradans to get new unemployment claims processed by […]
Posted inBusiness, Economy, Housing, News
What’s Working: Here’s how the Front Range housing market slowed over a few weeks as interest rates rose
A month after interest rates inched up, area real estate agents who help people sell their houses or assist in buying one say that yes, the housing market slowed in the past month. Houses for sale in June lingered a bit longer on the market than in May — by one day more in Colorado […]
Posted inBusiness, Economy, News, Politics and Government
What’s Working: The politics of unemployment debt in Colorado
There are just a few days left of Colorado’s legislative session as lawmakers push through a flurry of bills before the session adjourns on May 11. One of the more relevant proposals to impact employers and workers statewide — and touches on why this weekly column even exists — is Senate Bill 234, which passed […]
Posted inBusiness, Economy, News, Politics and Government
Colorado lawmakers plan to overhaul unemployment system, extend benefits to immigrants as they also backfill depleted fund
Colorado lawmakers are planning to introduce a bill as soon as this week that would overhaul the state’s unemployment system and also send roughly $600 million to the depleted unemployment insurance trust fund to lower a $1 billion federal debt hanging over employers. The $600 million replenishment was expected — Gov. Jared Polis made the […]
Posted inBusiness, Economy, News
Colorado has recovered 98% of jobs lost in pandemic, as unemployment rate drops to 4.1%
Colorado’s economic recovery is going better than expected state labor officials said Monday, reporting that 98% of jobs lost when COVID struck have returned. However, January’s 4.1% unemployment rate, the lowest since the pandemic began, is still higher than the 2.8% in February 2020, the month before the first COVID-19 cases in Colorado were confirmed. […]
Posted inBusiness, Economy, News
What’s Working: Colorado had the nation’s top layoff rate in December, but fewer people quit their jobs
Looks like omicron did have an impact on Colorado’s employers in December. New monthly data from the Bureau of Labor Statistics this week ranked the state as the nation’s highest for the rate of layoffs, tied with Alaska for the top spot. An estimated 1.6% of Colorado’s workforce was laid off in December, or double […]