Each state administers its own unemployment insurance benefits program. Each state also has its own unemployment insurance trust fund, and some are in better shape than others. Above is a chart of the states that are now relying on loans from the Federal Unemployment Account to provide for continued unemployment benefits to the qualifing unemployed in their state. As of a year ago, only Michigan was borrowing from the Federal Unemployment Account. Total loans now amount to over $10 billion.
Data source:
U.S. Department of Labor, Employment & Training Administration
National Conference of State Legislatures
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