Press Release: State Labor Dept Update for the Week Ending January 30th: UI Claims and Featured Job Openings This Week

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For Immediate Release
 
Date: February 4, 2021
Contact: Office of Government, Policy and Public Relations - cdle_pr@state.co.us


 

State Labor Dept Update for the Week Ending January 30th: UI Claims and Featured Job Openings This Week

(DENVER) -- Today the Colorado Department of Labor and Employment (CDLE) reported that an estimated 10,989 regular initial unemployment claims were filed the week ending January 30th.* Since mid-March, an estimated total of 791,836 regular initial unemployment claims have been filed and an estimated grand total of 1,043,760 claims, including federal PUA benefits.

For the week ending January 23rd, a total of 70,150 continued claims were filed from the regular UI program.** CDLE will resume reporting of Pandemic Unemployment Assistance (PUA) and Pandemic Emergency Unemployment Compensation (PEUC) claims activity in next week’s press release. Weekly initial and continued claims figures can be viewed in the attached PDF at the bottom of this press release.


 

Additional data:

Benefits paid since March 29, 2020:
Phase 1 payment data will be incorporated in next week’s press release
 

Regular UI $2.62 Billion
Week ending January 30: $20.2 Million                

Pandemic Unemployment Assistance
(gig workers/self-employed) $1.06 Billion

Federal Pandemic Unemployment Compensation
($600/weekly UI benefits to eligible claimants) $2.51 Billion

Pandemic Emergency Unemployment Compensation
(extends unemployment benefits by up to 13 weeks) $360.5 Million

State Extended Benefits
(extends unemployment benefits an additional 13 weeks) $29.8 Million

Lost Wages Assistance                                                          
($300/weekly UI benefits to eligible claimants) $389.2 Million

Total $6.97 Billion              
 


Helping Coloradans with Reemployment Support:
Trainings and Resources for Job Seekers

CDLE and its partners hold regular, no-cost training that can help unemployed Coloradans get rehired. A sampling of events is below and a complete list of events, workshops and training opportunities is available on the CDLE website.

Trainings and Resources for Job Seekers
February 8, 1:30 - 3:30: Career Reinvention
February 9 , 9:00 am - 11:00 am: Interviewing Part 1
February 10, 9:00 am - 5:00 pm: Denver Regional Virtual Career Fair
February 11, 10:00 am - 5:00 pm: Virtual Veterans Employment and Resources Expo
February 12, 1:30 pm - 3:30 pm: Phone Interviews
 

Who’s Hiring

There are more than 70,000 jobs available in ConnectingColorado.com, the state’s jobs database.

  • Total number of open jobs (2/3/21): 78,362
  • Job titles posted most often: 
    • CDL-A truck drivers (3,313)
    • Registered nurses (1,024)
    • Customer service representatives (831) 
  • Industries hiring: 
    While many industries are hiring, the top three were: 
  • Administrative and support and waste management and remediation services (25,871)
  • Professional, scientific, and technical services (17,381)
  • Retail trade (16,196)
     

The Colorado Department of Labor and Employment and the Office of the Future of Work publish articles to share hiring trends and highlight online and in-person resources to connect workers with meaningful employment. This week, we’ll give you an update on last week’s job postings and share the OFOW's first annual report. Read the latest article here.
 

Updates to detailed initial and continued unemployment claims data that have been available will be delayed for an indeterminate period of time. The delay is due to the modernization of Colorado’s unemployment insurance system and impacts to underlying reports that are used to generate these datasets. 

*Initial claims are claims filed to establish or reestablish benefit eligibility. Initial claims are typically considered a reliable leading indicator of economic activity. All applications filed are those applications for benefits filed with the Colorado Department of Labor and Employment and may not have been through various eligibility determination e.g. wage verification, etc.

As previously reported, the Department has identified an increase in reports of UI fraud that is likely connected to the expiration of CARES Act programs. Therefore, initial claims for the week ending January 30th have been adjusted in an attempt to account for fraudulent activity within regular UI. Going forward, CDLE will adjust regular UI initial claims data for fraudulent activity, as well as publish revisions to prior weeks, when necessary.

**Continued claims are filed to request payment for a given week after eligibility has been established. Weeks claimed provide information as to current labor market conditions.

Continued claims can be used as a proxy to roughly estimate the number of claimants receiving UI benefits in a given week. However, the Department does produce a report that captures the number of UI payment recipients on a monthly basis. The monthly data can be viewed in the final pages of the attached PDF at the bottom of this press release and has been updated through December 2020.

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