The $600-a-week supplement makes up more than half of Colorado unemployment payments. It could take $139 million a week out of the economy when it expires next week.

(The $600-a-week is shown in green)

Millions of jobs have reopened in the last month, but we're still running way below pre-pandemic levels nationwide.

Those two hardest-hit industry -- services and leisure -- were also the ones that benefited heavily from the $600. Workers in some cases getting 2x their normal wages. Still unclear if that's disincentivizing -- many say they can't find or are afraid to work.

@econjared argues here that there's little disincentive effect, proved by the fact that employers aren't having to raise pay to compete. https://twitter.com/econjared/status/1284170175579914241

The federal unemployment supplement has paid $1.9 billion to Coloradans over the last 3 months. For comparison, the state's entire new emergency housing fund is $20 million.