Posted inBusiness, COVID, News, Politics and Government

Colorado’s unemployment fund could run out of money next month. Here’s what that means for businesses.

By the time Colorado does its annual June checkup of the special fund used to pay unemployed workers, the account will likely be empty, and possibly in the red.  Out-of-work Coloradans should be OK, though. They’ll still get unemployment pay because the state, as it’s done in the past, will borrow money from the federal […]

Posted inBusiness, COVID, News

The bad news? Colorado unemployment claims rose again last week. The good news? The pace is slowing.

More than 31,000 unemployment claims were filed last week in Colorado, bringing the number of people who have sought relief from the state since the coronavirus crisis began its economic toll about two months ago to roughly 451,000. The new filings include 22,483 regular claims submitted by people who are normally eligible for unemployment insurance […]

Posted inOpinion, Opinion Columns

Opinion: We’ve been here before — recovery from the coronavirus crisis is conditional

“The State of Colorado has been and is passing through a period of stress and suffering … which has resulted in unparalleled conditions of unemployment and destitution, and … relief funds … have been inadequate to meet the problem.” No, this is not an excerpt from a resolution passed by the Colorado General Assembly to […]

Posted inBusiness, COVID, News

Nearly 420,000 people have filed unemployment claims in Colorado since coronavirus crisis began

Job losses caused by the new coronavirus outbreaks continue to pile up in Colorado, with another 41,000 people filing unemployment claims in the state last week. That brings the number of people in Colorado who have sought relief after losing their jobs since the crisis began — either temporarily to permanently — to nearly 420,000. […]

Posted inBusiness, COVID, News

Another 79,000 Coloradans filed for unemployment last week, bringing coronavirus total to more than 350,000

Another 79,000 initial unemployment claims were filed in Colorado last week. That brings the total number people who have sought aid after losing their jobs since the coronavirus crisis began in the state to more than 358,000. Of the initial unemployment claims filed last week,  38,384 were among people normally eligible for unemployment and 40,906 […]

Posted inOpinion, Opinion Columns

Opinion: Why Colorado needs an immediate statewide moratorium on evictions and foreclosures

Roughly 2 million Coloradans are renters. And as for those of us who are fortunate enough to own our homes, a full 72% carry a mortgage — second highest in the nation. If folks can’t pay because they’ve just lost their jobs (like the draw-dropping 22 million Americans who’ve filed for unemployment in the past […]

Posted inBusiness, Coloradans, COVID, Health, News

Record unemployment is leading to unprecedented food insecurity in Colorado

Mothers in Parachute cannot find formula to feed their babies. Isolated residents near Fairplay lack access to food. Unhoused people quarantined in a Denver motel need all meals brought to them. Migrant workers in Pueblo are without rice and beans. With unemployment about 30 times higher than the Great Recession’s peak— 231,610 initial claims were filed with […]

Posted inBusiness, COVID, News, Politics and Government

Nearly 10% of Colorado’s workforce has filed for unemployment as coronavirus continues to pound economy

When the gates opened Monday in Colorado, 51,000 self-employed and gig workers and independent contractors rushed the new filing system to claim unemployment benefits. Not all made it through with the state confirming around 30,000 claims. It’s the first time such workers were allowed to file a claim with the state Department of Labor and […]

Posted inBusiness, Coloradans, COVID, News

Need a job or emergency support? A new Colorado website offers it all in one place

Colorado has teamed up with the philanthropic OnwardUS to launch a one-stop website where people who are unemployed or who are seeking emergency support services can find help and answers. OnwardCO.org went live on Monday with 50,000 job listings and information on scores of resources, like where to find food, shelter and childcare. The site […]