What is the maximum amount of unemployment benefits I can receive?
The maximum amount of unemployment benefits an individual can receive in Colorado is determined by the individual's past earnings. The state unemployment program follows a formula to calculate the amount of benefits, using the highest quarter's earnings in the individual's base period. As of 2021, the maximum weekly benefit amount is $618. However, the total maximum amount of benefits an individual can receive during their benefit year is typically capped at 50% of their total base period earnings. It's important to note that these amounts are subject to change, and the Colorado Department of Labor regularly updates their website with the latest information regarding unemployment benefits.
Answered Nov 1, 2023
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