Gov. Jared Polis on Saturday prolonged his government order offering one-time $375 stimulus funds to Coloradans who’ve filed for unemployment through the COVID-19 pandemic.
The extension retains the beforehand allotted $168 million accessible to the Colorado Division of Labor and Employment for such funds by means of Feb. 28.
Polis in October introduced the aid for Coloradans who’ve suffered financially because of the pandemic. The funds are to be despatched to these incomes lower than $52,000 a 12 months who’ve filed for unemployment at the least as soon as since March 15, and who certified to obtain a weekly profit between $25 and $500.
When the manager order was issued in October, the governor’s workplace estimated greater than 400,000 Coloradans would obtain funds, most by Dec. 1. The chief order already was prolonged as soon as, in late November.
Many of the cash earmarked for the one-time stimulus funds — despatched to eligible recipients mechanically by the Colorado Division of Labor and Employment — comes from overbudgeted parts of the Medicaid program, with the remaining cash coming from catastrophe aid funds, the governor’s workplace beforehand mentioned.
Folks not eligible for conventional state unemployment advantages however who’ve acquired federal funds from the Pandemic Unemployment Help program this 12 months additionally qualify for the $375.
With Degree Pink restrictions limiting the operation of eating places, gyms and different kinds of companies throughout a lot of Colorado, unemployment filings proceed to climb.
The state labor division on Thursday reported 52,386 people filed initial claims for unemployment through the week ending Dec. 19 — a 29.4% improve over the week ending Dec. 12, and the worst week for brand spanking new claims since April.
