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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: Jack Hartmann who wrote (14834)1/28/2009 11:05:50 AM
From: Jack Hartmann2 Recommendations  Read Replies (1) | Respond to of 50418
 
How bad is the unemployment insurance?

As of Monday, the California unemployment fund has officially run out of money. According to the Employment Development Department, the state pays about $30 to $34 million a day in unemployment benefits. It will have to rely on a $2 billion federal loan to get through March.

msnbc.msn.com

Months of rising job cuts are about to drain Wisconsin's reserve fund for unemployment insurance, according to an audit report Tuesday.
The Legislative Audit Bureau said the employer-funded unemployment reserve is billion in June on course to be depleted next month, down from a high of $1.9 2000.
msnbc.msn.com

New York State’s unemployment insurance system, besieged by claims from laid-off workers, ran out of money on the first business day of the year and is borrowing daily from the federal government to bridge a fast-growing and potentially huge deficit, state labor officials say.

nytimes.com

We need more fingers for the dike.