Jobless claims are taxing trust fund (access required)

Minnesota’s unemployment insurance trust fund is currently running about a $23 million deficit, but that won’t prevent jobless workers from continuing to receive benefits, according to state Department of Employment and Economic Development Commissioner Dan McElroy.

Minnesota’s unemployment insurance fund expected to enter long-term deficit by year’s end

Meet Minnesota’s other looming fiscal crisis–the one nobody’s talking about publicly yet. Strained to its limits by the length and depth of the recession, the state’s unemployment insurance (UI) system has just a month’s worth of reserves left. And the program’s administrators say that current projections indicate it will enter permanent deficit by the end of [...]

Minnesota’s unemployment insurance fund expected to enter long-term deficit by year’s end

Meet Minnesota’s other looming fiscal crisis–the one nobody’s talking about publicly yet. Strained to its limits by the length and depth of the recession, the state’s unemployment insurance (UI) system has just a month’s worth of reserves left. And the program’s administrators say that current projections indicate it will enter permanent deficit by the end of [...]

By the numbers: Minnesota’s unemployment insurance fund is running dangerously low (updated)

The wretched economy is laying waste not only to the state’s general fund budget, but its unemployment insurance (UI) trust fund as well.  At the end of 2008, the fund that pays Minnesota unemployment claims stood at $508 million. According to U.S. Department of Labor calculations, that represented reserves equal to about four months (0.34 [...]

By the numbers: Minnesota’s unemployment insurance fund is running dangerously low (updated)

The wretched economy is laying waste not only to the state’s general fund budget, but its unemployment insurance (UI) trust fund as well.  At the end of 2008, the fund that pays Minnesota unemployment claims stood at $508 million. According to U.S. Department of Labor calculations, that represented reserves equal to about four months (0.34 [...]

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