June 28, 2009

Mounting jobless claims force states to borrow funds – we need more workers…right?

Posted by D.A. King at 11:45 am - Email the author   Print This Post Print This Post  

CNBC

Mounting jobless claims force states to borrow funds

The government checks keeping Candy Czernicki afloat are fast running out. The reason? U.S. states obligated to pay benefits to the swelling ranks of jobless Americans are piling debt onto strained budgets. — Fifteen states have depleted their unemployment insurance funds so far, forcing them to borrow from the U.S. Treasury….

HERE