The topic of unemployment, along with the benefits a worker may be entitled to after being laid off or furloughed, has been garnering increased media attention due to rising rates of unemployment and recent debate at the federal level. Although the spike of unemployment in the United States due to the COVID-19 pandemic has begun to decrease, the Bureau of Labor Statistics reported in June that the unemployment rate across most industries still more than doubles the rate of unemployment from the same time frame in years past. Given our current state of affairs in this country, it is important to consider how workers’ compensation may affect unemployed workers in Colorado.
Can I Receive Unemployment Benefits and Workers’ Comp Simultaneously?
This sudden rise in the rates of unemployment across the country has caused many families a lot of stress and worry, but how does this surge impact those currently receiving workers’ compensation? The number of nonfatal workplace accidents recorded in 2018 exceeded 900,000 according to the Insurance Information Institute (III). Even though the number is sure to be lower in 2020 due to higher than normal unemployment rates and quarantining practices, many people receiving workers’ compensation may find themselves also being displaced by the pandemic.
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