Tag: Unemployment Insurance
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Gusto sent false tax filing information to Colorado businesses
Gusto, a payroll firm, sent Colorado businesses incorrect information regarding tax filings on Oct. 18, according to the Colorado Department of the Treasury, The email to Gusto’s Colorado clients was regarding the filing of the Q3 unemployment premiums and it instructed the businesses to contact the Colorado Department of the Treasury, state officials said. However, unemployment insurance…
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Colorado businesses worry about looming unemployment insurance hike
Colorado Chamber of Commerce members Tuesday sent a letter to state legislators asking for unemployment insurance relief in the face of rates that could spike up to 72% in coming years. The incredible surge of unemployment claims during the pandemic, starting in March of 2020, completely drained the Colorado Unemployment Trust Fund. Colorado now owes…
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Colorado Springs close to recovering all jobs lost in pandemic
The Colorado Springs economy was just 700 jobs away last month from recovering the jobs lost during the COVID-19 pandemic, according to a recent analysis from the Colorado Department of Labor and Employment. Ryan Gedney, the department’s senior economist, estimates area payrolls totaled 304,000 in July, or 700 fewer jobs than the record 304,700 people…
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Denver man charged with fraud related to COVID relief loan
A 52-year-old Denver resident is facing fraud charges after authorities say he illegally obtained over $700,000 in COVID-19 relief loans and unemployment insurance. Anthony Zaghab, 52, appeared in federal court Thursday for an arraignment where he was charged with one count of wire fraud, according to a release from the U.S. Attorney for the District…
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76% of Colorado businesses offer vaccination incentives, survey shows
Most Colorado employers implemented policies to encourage employees to get vaccinated, 76% in fact, according to a recent survey by the Colorado Chamber of Commerce. The survey included 40 businesses “of all sizes” from 17 different industries across Colorado, according to the chamber. “With the availability of the COVID-19 vaccine and loosening restrictions across the…
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State’s new unemployment claims flat; 1,567 take full-time jobs for chance at $1,600 bonus
Though the number of new unemployment claims in Colorado remained basically flat from the prior week, 1,567 previously unemployed Coloradans took full-time jobs this week for a chance at a $1,600 bonus from the state. This week also marks the end of weekly update reports from the Colorado Department of Labor and Employment on the…
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Colorado unemployment rate falls as restrictions loosen
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado’s unemployment rate fell in January amid looser COVID-19 pandemic-related restrictions on businesses , reaching the lowest rate since just before restrictions began a year ago, the Colorado Department of Labor and Employment reported Monday. The state’s jobless rate fell to 6.6% after holding steady…
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Colorado business advocates to state legislators: Slow your roll
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Armed with a new study showing the fiscal impact of recent business regulations, Colorado business advocates from the Colorado Chamber of Commerce urged state legislators to “let businesses get back on their feet” before passing more. The study by the Common Sense Institute shows new…
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Colorado paid $254 million in restored unemployment benefits in 4 days
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save More than $254 million has been paid to 135,000 jobless Colorado contract and payroll workers since Saturday, the Colorado Department of Labor and Employment said Tuesday. State: $206 million in jobless contract worker claims paid in first 3 days The agency started processing new claims…
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$280M in COVID-19 aid passed in special session aimed at filling gaps from federal inaction
The General Assembly approved a COVID-19 relief package of 10 bills on Wednesday, ending a three-day special session that Gov. Jared Polis called to fill the gaps left by Congress’ inaction. The assistance measures, which ranged from providing support to child care operators and food pantries to capping fees charged for food delivery, amounting to…