DENVER — The Colorado Department of Labor and Employment has extended unemployment benefits for an additional 13 weeks as provided by law.
Coloradans who have exhausted their 26 weeks of regular state benefits or the 13-week federal Pandemic Emergency Unemployment Compensation for self-employed and gig workers can claim benefits under the extension if they are still unemployed.
How a business manages its inventory can have a tremendous impact on the financial health of the company. Managed properly, inventory can be a great source of increased margins, higher revenue, or a combination of the two.
Claimants do not have to take any action to access the state extended benefits. The Division of Unemployment Insurance will review claims to determine eligibility and notify claimants accordingly. If approved for extended benefits, a claimant’s weekly benefit amount under the extended benefits program will remain unchanged.
Colorado law provides for the 13 weeks of extended unemployment benefits when the state’s total unemployment rate reaches certain sustained thresholds.
© 2020 BizWest Media LLC