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Massachusetts officials are nervously eyeing the outflow of money from the state’s unemployment insurance fund, as the number of people receiving benefits across the nation hit a record high.
The state is now paying out more money in benefits than it’s receiving in taxes from employers, Suzanne M. Bump, the state’s secretary of Labor and Workforce Development, warned yesterday.
In 2008, the state paid out $1.49 billion in benefits, up 17 percent from the year before. Meanwhile, employers’ tax
Originally posted by wutone
If the unemployment benefits run out in California, there is going to be a revolt.
Not only is the state going to give IOU's on refunds to people that were legally FORCED to overpay, now they will have trouble with those that don't have much to lose.
Originally posted by Maxmars
Politicians should NOT be allowed to handle money! Do we "get it" yet?