Latest topics

» Stillnutty passed away
WisBusiness: State expects $1.6B deficit this year in unemployment fund Empty

Wed Feb 06, 2019 3:59 pm by Sad American

» UF2 Members Chat Thread: Part 3
WisBusiness: State expects $1.6B deficit this year in unemployment fund Empty

Thu Mar 02, 2017 1:02 am by DesperateInRI

» UFO 2.1 VIDEO JUKEBOX - Our Chords & Keys To Ascension
WisBusiness: State expects $1.6B deficit this year in unemployment fund Empty

Wed Mar 01, 2017 8:19 pm by DesperateInRI

» I see this board has been quiet
WisBusiness: State expects $1.6B deficit this year in unemployment fund Empty

Tue Jun 07, 2016 1:24 pm by Knight1009

» Hello Ya'll. *Theirmommie*
WisBusiness: State expects $1.6B deficit this year in unemployment fund Empty

Tue Nov 17, 2015 9:42 am by my_lucid_bubble72

» 20 % of Americans Struggle To Buy Food
WisBusiness: State expects $1.6B deficit this year in unemployment fund Empty

Thu Jul 16, 2015 1:00 pm by pbrad009

» The Make Some One Day Challenge
WisBusiness: State expects $1.6B deficit this year in unemployment fund Empty

Wed May 27, 2015 12:32 pm by Prof_NSA

» Clues to why they not hiring you
WisBusiness: State expects $1.6B deficit this year in unemployment fund Empty

Sun Apr 05, 2015 5:25 pm by Sandra5yearsunemployed

» New Year Nothing Change
WisBusiness: State expects $1.6B deficit this year in unemployment fund Empty

Tue Jan 20, 2015 5:48 pm by Prof_NSA

» Passed?!?! H.R. 3979: Emergency Unemployment Compensation Extension Act of 2014
WisBusiness: State expects $1.6B deficit this year in unemployment fund Empty

Fri Dec 19, 2014 4:24 pm by charliekerper

» Forbes: America's #1 Problem is Jobs, Not Debt
WisBusiness: State expects $1.6B deficit this year in unemployment fund Empty

Sat Nov 15, 2014 10:50 pm by jmainframe

» Economy just getting worse
WisBusiness: State expects $1.6B deficit this year in unemployment fund Empty

Mon Oct 06, 2014 12:16 pm by oncemore

» January Jobs Report: U.S. Economy Adds 157,000 Jobs; Unemployment Rate Up To 7.9 Percent
WisBusiness: State expects $1.6B deficit this year in unemployment fund Empty

Fri Oct 03, 2014 11:23 am by DesperateInRI

» Hey Guys!!!!
WisBusiness: State expects $1.6B deficit this year in unemployment fund Empty

Mon Sep 29, 2014 9:17 am by pbrad009

» Up all NIGHT WORRIED!
WisBusiness: State expects $1.6B deficit this year in unemployment fund Empty

Thu Sep 25, 2014 11:56 pm by pbrad009

Social Networks

October 2023

Sun	Mon	Tue	Wed	Thu	Fri	Sat
1	2	3	4	5	6	7
8	9	10	11	12	13	14
15	16	17	18	19	20	21
22	23	24	25	26	27	28
29	30	31

Calendar

Links to Affiliates and Resources

Displaced American Workers United

Outsaurus

Extend Unemployment Benefits

Unemployed Workers.org.

Examiner.com Denver

99ers.net/

WisBusiness: State expects $1.6B deficit this year in unemployment fund

:: Unemployment Information by State :: Wisconsin

Page 1 of 1

WisBusiness: State expects $1.6B deficit this year in unemployment fund

by Jobless_in_Ma Wed Mar 30, 2011 7:59 pm

The state expects a $1.6 billion deficit in its unemployment insurance reserve fund this year, a DWD official told an Assembly committee today.

Andrea Reid, deputy administrator of the DWD's UI division, said the agency expects that shortfall to improve slightly next year and projects a deficit of $1 billion in 2013, a total that's "better than we anticipated a year to 18 months ago."

But Reid also told the Assembly Labor and Workforce Development Committee the state could face an interest payment of nearly $50 million this fall after borrowing from the federal government to cover unemployment claims since early 2009. After two years of federal exemptions for states' unemployment loans, Wisconsin began accruing interest on Jan. 1, with a payment due at the end of September.

http://www.wisbusiness.com/index.iml?Article=231812

Jobless_in_Ma: Administrator; Posts : 2348
Join date : 2011-02-16
Age : 49
Location : Ma