Labor Market Information

Example of Graph

Labor Market Information (LMI) is the body of information that deals with the functioning of labor markets and the determination of the demand for and supply of labor. It includes, but is not limited to, such key factors as changes in the level and/or composition of economic activity, the population, employment and unemployment, income and earnings, wage rates, and fringe benefits.

Unemployment Insurance Claims Data

Unemployment insurance (UI) provides temporary financial assistance to workers who are unemployed through no fault of their own. Businesses, such as yours, pay into State unemployment tax. The tax is used solely for payments to eligible UI claimants.

Utilizing the claims data that the Colorado Department of Labor and Employment (CDLE) provides each week, Business Services has developed charts specific to Weld County. Weekly detailed claims data are available on a 2-3 week lag. These claims data are NOT directly comparable to the state-level data the Colorado Department of Labor and Employment submits to the Employment and Training Administration every week. Totals differ due to timing and definitional differences between this collection of claims data and the official weekly figures. All County-level claims are on the bases of the claimant's place of residence, not their former place of work. Industry-level data does not include claims where the industry is unknown or not available.