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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: retiredcfo who wrote (6660)11/19/2001 2:19:35 PM
From: LTK007  Read Replies (1) of 99280
 
this blurb from briefing.com yesterday <<State Unemployment Trust Funds : -- Intraday -- Labor dept figures show that 23 states do not have enough cash to pay a year's worth of unemployment benefits in a slumping economy, according to the Employment Policy Foundation. 3 states - TX, NY, and ND, have only enough to pay unemployed people for 4 months. Report states that if unemployment rates were to rise 1 or 2 more percentage points, as many as 35 funds could be pushed into insolvency.>> so it seems that unemployment rising need stop right about now.Max
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