Colorado Politics

Three-month slide in new Colorado unemployment claims continues

A three-month slide in new Colorado unemployment claims continued as 6% fewer claims were filed for the week ending May 15, according to the Colorado Department of Labor and Employment.

There were 4,132 new regular claims filed last week, 263 less than for the week ending May 8, the agency reported Thursday. That’s the 12th continuous week new claims dropped, and remains the lowest level since March 14, 2020.

Self-employed, contract or “gig” workers filed an additional 712 claims under the Pandemic Unemployment Assistance (PUA) program, which is slightly higher than the previous week’s 616.

But the total number of new claims still dropped for all payroll and PUA-eligible workers, 3.4% from the previous week’s total of 5,011.

Continuing claims continued the decline as well, to 188,427 for the week ended May 8. That’s a 2.3% drop from the previous week.

April’s statewide unemployment total has not been released by the the agency yet, but is expected Friday. March’s rate stood at 6.4% — the same level as February, but down from January’s 6.6% level. The national unemployment rate ticked up slightly to 6.1% in April.

Colorado’s decline in new unemployment claims mirrors the national trend. The U.S. Department of Labor released new numbers Thursday as well, showing 444,000 seasonally adjusted initial claims, down 34,000 from the previous week and the lowest level of initial claims since March 14, 2020’s level of 256,000 new claims.

The state agency reports that $9.34 billion in claims have been paid since March 2020.

Tags

PREV

PREVIOUS

House committee approves bill to cap drug prices

While the big fight on healthcare in the 2021 session has been focused on the Colorado Option bill, a fight that hasn’t gotten as much attention but is almost as big is being waged over prescription drug costs. While everyone acknowledges that prescription drugs are becoming more unaffordable, there was plenty of argument on both […]

NEXT

NEXT UP

NONPROFIT REGISTER | Denver City Attorney Kristin Bronson among 2021 Women of Distinction

GIRL SCOUTS OF COLORADO  Denver  News: Ten civic leaders, including Denver City Attorney Kristin Bronson, have been selected as Women of Distinction for 2021 by Girl Scouts of Colorado. The group will be honored at an outdoor ceremony to be held at Denver Botanic Gardens on Sept. 29.  Dr. Becky Takeda-Tinker, chief educational innovation officer for […]


Welcome Back.

Streak: 9 days i

Stories you've missed since your last login:

Stories you've saved for later:

Recommended stories based on your interests:

Edit my interests