Archive - Illinois

Unemployment Insurance Tracker

Tracking how long state unemployment insurance trust funds will hold up.

Two Dozen States' Unemployment Funds in the Red, Nine More Within Six Months

The record 20 million Americans who collected unemployment insurance benefits last year landed on a safety net that was already deeply frayed. Now 25 states have borrowed more than $25 billion to keep benefits flowing after their trust funds ran dry, and the situation is deteriorating fast elsewhere.

Payroll Taxes Increase for Many Employers Across the U.S.

With the recession emptying unemployment insurance trust funds, many states are raising taxes on business owners, from a few dollars to nearly $1,000 per worker. And some states have started reducing or freezing the benefits that are paid out to the unemployed.

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