Jumpstart incentive announced

Gov. Jared Polis signed an executive order creating a new monetary incentive program to support unemployed Coloradans as they return to work full time. Under the Colorado Jumpstart incentive program, unemployed individuals are eligible to receive an incentive of up to $1,600 to support the transition into full-time work.

“Powering the comeback means supporting Coloradans getting back to work and our businesses as they expand,” said Polis. “We know that getting back to work doesn’t mean all the financial challenges Coloradans are facing just disappear, and we want to ensure that as more people are returning to the workforce, we are setting them up for success.”

To be eligible for an incentive, Colorado’s unemployed workers must have received at least one week of unemployment benefits of $25 or more between March 28-May 16, and have verified their identities via ID.me. A full list of eligibility requirements is posted on ColoradoUI.gov.

Eligible claimants who return to work full time in May will receive a Colorado Jumpstart incentive of $1,600. Those who return to work full time in June will receive an incentive of $1,200.

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