Unemployment Insurance Trust Funds: Long-standing State Financing Policies Have Increased Risk of Insolvency
Description:
A letter report issued by the Government Accountability Office with an abstract that begins "The federal-state unemployment insurance (UI) program relies on state trust funds to hold enough reserves to meet benefit needs during economic downturns. The sufficiency of such "forward funding" has been a policy concern for decades, particularly during the recent recession, which has caused very high unemployment rates. While the economy added jobs in March 2010, unemployment remains very high and ha…
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Date:
April 14, 2010
Creator:
United States. Government Accountability Office.
Item Type:
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Report
Partner:
UNT Libraries Government Documents Department