colorado unemployment insurance charts · 2020. 7. 2. · colorado regular unemployment insurance...
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COLORADO UNEMPLOYMENT INSURANCE CHARTS
THROUGH WEEK ENDING JUNE 27, 2020
COLORADO DEPARTMENT OF LABOR AND EMPLOYMENT
19.7
61.6
46.1
104.2
67.3
38.4
28.2
22.517.8 15.6
12.1 12.910.3 9.9 8.6
0
20
40
60
80
100
120
1/4/20
1/11
/20
1/18
/20
1/25
/20
2/1/20
2/8/20
2/15
/20
2/22
/20
2/29
/20
3/7/20
3/14
/20
3/21
/20
3/28
/20
4/4/20
4/11
/20
4/18
/20
4/25
/20
5/2/20
5/9/20
5/16
/20
5/23
/20
5/30
/20
6/6/20
6/13
/20
6/20
/20
6/27
/20
Thousands
Week Ending Date
Colorado Regular Unemployment Insurance Initial Claims
2019 Weekly average = 1,900High week = 3,162 (12/7/19)
2009‐2010Weekly average = 4,800High week = 7,749 (1/9/10)
Source: Colorado Department of Labor and Employment; Employment and Training Administration*Initial claim: a claim filed to establish benefit eligibility. Initial claims are considered a reliable leading indicator of economic activity.**Regular UI claims only reflected in this chart, does not include initial claims which stemmed from extended benefit programs during the Great Recession. Also excludes UCFE (federal)and UCX (ex‐servicemember) claims.
40.9
13.1
9.17.6
6.6 6.4
10.2
17.9
10.4
6.2
0
5
10
15
20
25
30
35
40
45
1/4/20
1/11
/20
1/18
/20
1/25
/20
2/1/20
2/8/20
2/15
/20
2/22
/20
2/29
/20
3/7/20
3/14
/20
3/21
/20
3/28
/20
4/4/20
4/11
/20
4/18
/20
4/25
/20
5/2/20
5/9/20
5/16
/20
5/23
/20
5/30
/20
6/6/20
6/13
/20
6/20
/20
6/27
/20
Thousands
Week Ending Date
Colorado Pandemic Unemployment Assistance (PUA) Initial Claims
Source: Colorado Department of Labor and Employment; Employment and Training Administration*Initial claim: a claim filed to establish benefit eligibility. Initial claims are considered a reliable leading indicator of economic activity.**Pandemic Unemployment Assistance claims only reflected in this chart; program started in Colorado week ending April 25, 2020.
73.5
166.4 171.1
228.1 228.0
261.1
245.7
264.6
243.8
262.9
242.0
258.4
236.4
0
25
50
75
100
125
150
175
200
225
250
275
3001/4/20
1/11
/20
1/18
/20
1/25
/20
2/1/20
2/8/20
2/15
/20
2/22
/20
2/29
/20
3/7/20
3/14
/20
3/21
/20
3/28
/20
4/4/20
4/11
/20
4/18
/20
4/25
/20
5/2/20
5/9/20
5/16
/20
5/23
/20
5/30
/20
6/6/20
6/13
/20
6/20
/20
Thousands
Week Ending Date
Colorado Regular Unemployment Insurance Continued Weeks Claimed
2019 Weekly average = 18,600High week = 23,468 (2/16/19)
2009‐2010Weekly average = 67,600High week = 78,978 (1/30/10)
Source: Colorado Department of Labor and Employment; Employment and Training Administration*Continued weeks claimed: a claim filed to request payment for a given week after eligibility has been established. Weeks claimed provide information as to current labor market conditions.**Regular UI claims only reflected in this chart, does not include continued claims which stemmed from extended benefit programs during the Great Recession. Also excludes UCFE (federal)and UCX (ex‐servicemember) claims.
WELDMOFFAT
MESA
BACA
PARK
YUMA
LAS ANIMAS
ROUTT
GUNNISON
LINCOLN
LARIMER
PUEBLO
GARFIELD
BENTSAGUACHE
KIOWA
LOGAN
RIO BLANCOGRAND
EL PASO
EAGLE
ELBERT
MONTROSE
LA PLATA
DELTA
WASHINGTON
OTERO
KIT CARSON
JACKSON
ADAMS
CHEYENNE
PROWERS
MONTEZUMA
FREMONT
PITKIN
MORGAN
HUERFANO
CONEJOS COSTILLAARCHULETA
DOLORES
SAN MIGUEL CUSTER
DOUGLAS
PHILLIPS
BOULDER
LAKE
ALAMOSA
ARAPAHOE
HINSDALE
CHAFFEE
MINERAL
CROWLEY
SUMMIT
OURAY
TELLER
RIO GRANDE
JEFFERSON
SEDGWICK
SAN JUAN
CLEAR CREEKGILPIN
DENVERBROOMFIELD
Continued Weeks Claimed as Share of February 2020 Total Employment
% of EmploymentLess than 3.0%3.0% to 5.9%6.0% to 8.9%9.0% to 11.9%12.0% +
Source: Colorado Department of Labor and Employment; Bureau of Labor StatisticsNote: County-level data most recent available
*** For Week Ending June 13, 2020 ***
104.7
92.2 92.696.8
101.5105.6
126.6
188.0
130.3
101.3
0
25
50
75
100
125
150
175
200
1/4/20
1/11
/20
1/18
/20
1/25
/20
2/1/20
2/8/20
2/15
/20
2/22
/20
2/29
/20
3/7/20
3/14
/20
3/21
/20
3/28
/20
4/4/20
4/11
/20
4/18
/20
4/25
/20
5/2/20
5/9/20
5/16
/20
5/23
/20
5/30
/20
6/6/20
6/13
/20
6/20
/20
6/27
/20
Thousands
Week Ending Date
Colorado Pandemic Unemployment Assistance (PUA) Continued Weeks Claimed
Source: Colorado Department of Labor and Employment; Employment and Training Administration*Continued weeks claimed: a claim filed to request payment for a given week after eligibility has been established. Weeks claimed provide information as to current labor market conditions.**Pandemic Unemployment Assistance claims only reflected in this chart; program started in Colorado week ending April 25, 2020.
3 0 1 3 49 67
4 2 9 1 0
113
972 1,032
1,494
1,294
1,202
953
1,159 1,141
568
1,595
869
551
753
388
0
200
400
600
800
1,000
1,200
1,400
1,600
1,8001/4/20
1/11
/20
1/18
/20
1/25
/20
2/1/20
2/8/20
2/15
/20
2/22
/20
2/29
/20
3/7/20
3/14
/20
3/21
/20
3/28
/20
4/4/20
4/11
/20
4/18
/20
4/25
/20
5/2/20
5/9/20
5/16
/20
5/23
/20
5/30
/20
6/6/20
6/13
/20
6/20
/20
6/27
/20
Week Ending Date
Colorado Short‐Time Compensation (Work‐Share) Initial Claims
Source: Colorado Department of Labor and Employment; Employment and Training Administration*Short‐Time Compensation (STC) Equivalent Initial Claim: this is the equivalent of the full time layoff initial claims that would have taken place if not for the STC program.**As of July 1, 2020 there were 1,082 Colorado employers with active work‐share plans. Prior to outbreak of COVID‐19 there were 6 employers with active work‐share plans.***Combined number of Federal‐State UI Extended and State UI Additional Compensation Program claims reflected in this chart.****For more information on the STC program, go to: https://oui.doleta.gov/unemploy/docs/stc_fact_sheet.pdf and https://www.colorado.gov/pacific/cdle/layoffassistance.
2 0 0 0 0 2 92 19 100 12 90 15 166
859
1,386
2,461
2,786
3,348 3,313
4,000
3,678
4,265 4,011
5,045
4,357
0
1,000
2,000
3,000
4,000
5,000
6,0001/4/20
1/11
/20
1/18
/20
1/25
/20
2/1/20
2/8/20
2/15
/20
2/22
/20
2/29
/20
3/7/20
3/14
/20
3/21
/20
3/28
/20
4/4/20
4/11
/20
4/18
/20
4/25
/20
5/2/20
5/9/20
5/16
/20
5/23
/20
5/30
/20
6/6/20
6/13
/20
6/20
/20
Week Ending Date
Colorado Short‐Time Compensation (Work‐Share) Continued Claims
Source: Colorado Department of Labor and Employment; Employment and Training Administration*Short‐Time Compensation (STC) Equivalent Continued Weeks Claimed: this is based on the proportion of the week being claimed. **As of July 1, 2020 there were 1,082 Colorado employers with active work‐share plans. Prior to outbreak of COVID‐19 there were 6 employers with active work‐share plans.***Combined number of Federal‐State UI Extended and State UI Additional Compensation Program claims reflected in this chart.****For more information on the STC program, go to: https://oui.doleta.gov/unemploy/docs/stc_fact_sheet.pdf and https://www.colorado.gov/pacific/cdle/layoffassistance.
0.82%0.98%
1.39%
1.82%
2.42%
3.01%
3.70%
4.35%
5.05%
5.69%
6.39%
7.03%
7.71%
8.33%
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
9.0%1/4/20
1/11
/20
1/18
/20
1/25
/20
2/1/20
2/8/20
2/15
/20
2/22
/20
2/29
/20
3/7/20
3/14
/20
3/21
/20
3/28
/20
4/4/20
4/11
/20
4/18
/20
4/25
/20
5/2/20
5/9/20
5/16
/20
5/23
/20
5/30
/20
6/6/20
6/13
/20
6/20
/20
Week Ending Date
Colorado Insured Unemployment Rate
2019 Weekly average = 0.71%High week = 0.85% (3/30/19)
2009‐2010Weekly average = 3.01%High week = 3.52% (4/10/10)
Source: Colorado Department of Labor and Employment; Employment and Training Administration*Insured unemployment rate (IUR): estimates the share of the State’s UI‐covered workforce claiming UI benefits.**Regular IUR only reflected in this chart, does not include calculation of IUR if claims from extended benefits programs during the Great Recession were included. Also excludes UCFE (federal) and UCX (ex‐servicemember) claims.
72.2
159.9
187.8
227.5 226.6
260.7
244.5
265.3
243.9
263.4
242.6
260.0
237.7
0
25
50
75
100
125
150
175
200
225
250
275
3001/4/20
1/11
/20
1/18
/20
1/25
/20
2/1/20
2/8/20
2/15
/20
2/22
/20
2/29
/20
3/7/20
3/14
/20
3/21
/20
3/28
/20
4/4/20
4/11
/20
4/18
/20
4/25
/20
5/2/20
5/9/20
5/16
/20
5/23
/20
5/30
/20
6/6/20
6/13
/20
6/20
/20
6/27
/20
Thousands
Week Ending Date
Colorado Unemployment Insurance Weeks Paid
2019 Weekly average = 16,700High week = 21,390 (3/9/19)
2009‐2010Weekly average = 55,100High week = 67,017 (3/6/10)
Source: Colorado Department of Labor and Employment*Weeks paid: payment made for a week after eligibility has been established. Not all weeks claimed result in a week paid because claimant may not be available to work,may have earnings that exceed the allowed amount, or other reasons.
**Regular UI, UCFE (federal), and UCX (ex‐servicemember) weeks paid reflected in this chart. Does not include weeks paid which stemmed from extended benefit programs during the Great Recession.
$29.8
$62.0
$74.1
$86.1 $84.8
$96.0
$88.8
$95.3
$86.2
$93.1
$84.6
$90.4
$81.8
$0
$20
$40
$60
$80
$100
$1201/4/20
1/11
/20
1/18
/20
1/25
/20
2/1/20
2/8/20
2/15
/20
2/22
/20
2/29
/20
3/7/20
3/14
/20
3/21
/20
3/28
/20
4/4/20
4/11
/20
4/18
/20
4/25
/20
5/2/20
5/9/20
5/16
/20
5/23
/20
5/30
/20
6/6/20
6/13
/20
6/20
/20
6/27
/20
Millions
Week Ending Date
Colorado Regular Unemployment Insurance Benefit Amounts Paid
2019 Weekly average = $7.1mHigh month = $36.9m (Dec)
2009‐2010Weekly average = $19.0mHigh month = $102.8m (May '09)
Source: Colorado Department of Labor and Employment**Regular UI benefit payment amounts only reflected in this chart, does not include benefit payments which stemmed from extended benefit programs during the Great Recession. Also excludes UCFE (federal) and UCX (ex‐servicemember) claims.
$30 $6
2 $74 $86
$85 $96
$89
$95
$86
$93
$85
$90
$82
$35
$30 $3
6
$31 $29
$31 $34
$50 $49
$25
$247
$160
$156
$146
$159
$146
$158
$146
$156
$143
$0
$25
$50
$75
$100
$125
$150
$175
$200
$225
$250
$275
$300
$325
$350
$375
$4001/4/20
1/11
/20
1/18
/20
1/25
/20
2/1/20
2/8/20
2/15
/20
2/22
/20
2/29
/20
3/7/20
3/14
/20
3/21
/20
3/28
/20
4/4/20
4/11
/20
4/18
/20
4/25
/20
5/2/20
5/9/20
5/16
/20
5/23
/20
5/30
/20
6/6/20
6/13
/20
6/20
/20
6/27
/20
Millions
Week Ending Date
Colorado Unemployment Insurance Benefit Amounts Paid(Regular UI, PUA, and FPUC)
Regular UI PUA FPUC
Source: Colorado Department of Labor and Employment**This chart reflects benefits payment amounts for the following programs: Regular UI (black bar); Pandemic Unemployment Assistance (PUA) (red bar), for self‐employed, contract and gig workers;and Federal Pandemic Unemployment Compensation (FPUC) (green bar), which, as part of CARES Act, provides eligible regular UI and PUA claimants an extra $600 in federal benefitseach week through July 25, 2020. PUA and FPUC amounts for week ending 4/25/20 include backdated benefits prior to the week of April 25th.
Weekly Total,All Programs(in millions)
$369
$275$288
$266$284
$263
$285 $281$296
$250
$515
$1,753
$2,207
$1,789
$1,231
$919
$540 $536 $535$454
$393 $386
$2,967
$0
$500
$1,000
$1,500
$2,000
$2,500
$3,000
$3,50020
08
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
*
Millions
Week Ending Date
Annual Colorado Unemployment Insurance Benefit Amounts Paid(Combined Amounts for All Active** UI Programs by Year)
Source: Colorado Department of Labor and Employment*2020 totals through June 27, 2020.**Every year includes regular UI, UCFE (federal) and UCX (ex‐servicemember) benefit amounts. Additionally, totals from 2008 ‐ 2019 include Emergency Unemployment Compensation (EUC) andState Extended Benefits (SEB), when applicable; while totals from 2020 reflect programs highlighted in the prior chart.
0
25,000
50,000
75,000
100,000
125,000
150,000
175,000
200,000
225,000
250,000
275,000
300,000
325,000
350,000
375,000
400,000Jan‐09
May‐09
Sep‐09
Jan‐10
May‐10
Sep‐10
Jan‐11
May‐11
Sep‐11
Jan‐12
May‐12
Sep‐12
Jan‐13
May‐13
Sep‐13
Jan‐14
May‐14
Sep‐14
Jan‐15
May‐15
Sep‐15
Jan‐16
May‐16
Sep‐16
Jan‐17
May‐17
Sep‐17
Jan‐18
May‐18
Sep‐18
Jan‐19
May‐19
Sep‐19
Jan‐20
May‐20
Number of Persons Receiving a UI Payment by Month
Regular State UI EUC08 (all tiers) PUA State Extended Benefits Total
June 2020Regular State UI = 278,286PUA = 97,221UCFE/UCX = 551Total = 376,058
February 2010Regular State UI = 71,117 EUC08 (all tiers) = 73,071State Extended Benefits = 1,985UCFE/UCX = 1,928Total = 148,101
Source: Colorado Department of Labor and Employment*Number of persons receiving UI payment by month and program: updated once per month, at the beginning of month. Count of UI payment by program type based upon relationship between last payment received and associated program. Data related to new unemployment compensation programs will be incorporated into this report as they become available (PUA added April 2020).
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