Public Economics ± Dr. Sauer
Chapter 14: Unemployment Insurance, Disability Insurance, Workers¶ CompensationTable 14-2
Unemployment Insurance in Colorado
The Unemployment Insurance Program providestemporary partialwage replacement to workers who have become unemployed through no fault of their own.- funded by employer paid taxes- provides benefits to those who meet the eligibility requirements of the ColoradoEmployment Security ActProgram goal:- aid in maintaining the economic stability within a community by safeguarding the income and purchasing power of the unemployed worker Administered by:Division of Employment and Training in the Department of Labor and EmploymentBase Period Wages (from date you file)1. Standard Base Period- earned at least $2,500- during the time period beginning about 15 months ago and ending about 3 months ago2. Alternate Base Period- earned at least $2,500- during the time period beginning about 12 months agoThe earnings must be from employers who paid us premiums for the unemployment fund.