Press Release: State Labor Dept: 7,854 Regular Initial UI Claims Filed for the Week Ending July 4th

For Immediate Release

Date: July 9, 2020
Contact: Office of Government, Policy and Public Relations - cdle_pr@state.co.us


State Labor Dept: 7,854 Regular Initial UI Claims Filed for the Week Ending July 4th
(DENVER) -- Today the Colorado Department of Labor and Employment (CDLE) reported that 7,854 regular initial unemployment claims were filed the week ending July 4th. There were also 5,900 Pandemic Unemployment Assistance (PUA) claims filed for the same week. Over the past 16 weeks, a total of 483,065 regular unemployment initial claims have been filed and a grand total of 617,481 claims, including federal PUA benefits.*

The Department also announced it has paid out approximately $3.3 billion in unemployment benefits since March 29th. That amount includes regular unemployment benefits, and those filing Pandemic Unemployment Assistance (PUA) claims and Federal Pandemic Unemployment Compensation (PUC) claims, which provides eligible claimants an extra $600 in federal benefits each week. 



Benefits paid since March 29: 
Regular UI $1.14 Billion

Pandemic Unemployment Assistance
(gig workers/self-employed) $373.4 Million

Federal Pandemic Unemployment Compensation
($600/weekly UI benefits to eligible claimants) Apx. $1.76 Billion

Total $3.27 Billion                                                                             

Claims by industry and benefits paid 

Benefits paid: Regular UI
Week ending July 4: $83.6 Million

Top 10 industries with highest initial claims for week ending June 20th 
#1 Accommodation and Food Services: 971 (13.2% of claims for week)
#2 Healthcare and Social Service: 767 (10.4%)
#3 Administrative and Support and
     Waste Management and Remediation Services: 754 (10.3%)
#4 Retail Trade: 657 (8.9%)  
#5 Manufacturing: 585 (8.0%)
#6 Construction: 534 (7.3%)  
#7 Professional and Technical Services: 487 (6.6%)
#8 Education Services: 420 (5.7%)
#9 Wholesale Trade: 354 (4.8%)
#10 Transportation and Warehousing: 300 (4.1%)

* Initial claims are claims filed to establish benefit eligibility. Initial claims are 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.
 
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