COBOL Cowboys
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The state unemployment systems back end runs on COBOL, but the bottleneck is the GUI front end systems and phone systems so people can get access to apply. Those are not COBOL.
The actual programming to change payment amounts and conditions is pretty simple.
IBM responded to the states whining about the lack of COBOL programmers by starting a place tro register and make yourself available. Myself and a lot of people I know registered and not one was contacted.
The COBOL jobs you see on DICE are still the same old low dollar stuff, mostly serving as the liason between American companies and Indian programmers.