Abstract
Federal and state unemployment insurance (UI) programs are in a fiscal crisis. In the current period of high unemployment and economic crises, state UI trust funds are increasingly insolvent. Many states also have borrowed federal monies to fund their UI trust funds. As a result, the states are facing significant loan and interest repayments in addition to insolvent trust funds. This article examines the federal-state UI system, case studies on two states, and options for short-term and future UI trust fund solvency.
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