04 March 2013

• Connecticut: “Time to Fix The Jobless Trust Fund Is Now”


”In October 2009, Connecticut began borrowing from the federal government because the state's Unemployment Insurance Trust Fund was running out of money.

”So many people were filing for unemployment benefits because of the economic downturn that the jobless benefits the state was paying out far exceeded what it was taking in from employers for the trust fund.

”Connecticut wasn't alone, of course.”

Source: Rep-Am.com


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