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Amount of UI Benefits - Department of Labor & Employment
The maximum amount of benefits you can receive per week in the state of Colorado is around 55% of your weekly wage over a 12-month time period. Visit the Colorado UI Benefits Estimator to estimate your potential benefits and see the current maximum benefit amount.
Colorado Unemployment Insurance Benefits Estimator
According to Colorado law, this weekly benefit amount currently cannot exceed $809 per week or be less than $25. The maximum benefit amount per claim is equal to the lesser of 26 times the weekly benefit amount, or the sum of one third of the total wages in each quarter for the 12 months of the base period.
What is the Maximum Unemployment Benefit in Colorado?
The maximum unemployment benefit in Colorado is calculated based on a percentage of your earnings during your base period. Specifically, you can receive around 55% of your average weekly wage over a 12-month period.
Colorado Unemployment Benefits: How to Apply and What to …
Nov 26, 2024 · In Colorado, the maximum benefit amount is $649 weekly, and the minimum is $25. The amount you can receive in benefits is calculated by taking 55% of your average wage weekly during the base period. For example, if your weekly wage during this time was $800, you would be eligible for the weekly amount of $649 maximum.
Colorado Unemployment Benefit Questions
As a general rule, Colorado unemployment insurance benefits are designed to replace roughly 55 percent of a worker’s average weekly income throughout a 12-month time period. In Colorado, the maximum weekly benefit amount is $742.
Colorado Unemployment Benefits and Eligibility
Apr 13, 2023 · Find out about Colorado's unemployment insurance benefits, including how to apply for them, whether you're eligible and how Colorado calculates your payments. In the state of Colorado, unemployment insurance benefits are administered by the Colorado Department of Labor and Employment (CDLE).
FAQs - Department of Labor & Employment
How much does unemployment pay? Unemployment benefits are approximately 55 percent of a person's average weekly wage over a 12-month time period. The maximum benefit amount available is $809 per week. Use the Unemployment Insurance Benefits Estimator tool to estimate your potential benefits. Are tips included in the calculation of my wages for ...
Collecting Unemployment Benefits in Colorado
Aug 25, 2021 · Amount and Duration of Unemployment Benefits in Colorado If you're eligible for unemployment, you can receive between 50% and 60% of your average weekly wage during the base period. The CDLE applies two different formulas to determine your weekly benefit amount and pays you whichever number is higher:
Colorado Unemployment Benefits, Amount, Services, Filing & FAQs
Apr 11, 2021 · In Colorado, the state pays unemployment benefits on a weekly basis. It sets a minimum weekly benefit of $25 and a maximum of $618. The normal duration of benefits in Colorado is 26 weeks.
Colorado Unemployment Calculator
You will want to make sure you are collecting the maximum weekly benefit you can collect based on your previous wages and earnings, provided you meet Colorado unemployment eligibility requirements. Calculate your estimated Colorado unemployment benefit by entering your quarterly wages earned below: