Quote:
Originally Posted by shopalcholic
Just to let you know taxpayer dollars do not fund unemployment, every business pays the
unemployment insurance premiums. The company would not let us work without a contract.
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Of course tax payers fund unemployment.
The Unemployment Insurance Crisis — The American Magazine
" An overlooked fiscal crisis looms: the depletion of the trust funds out of which states pay unemployment benefits. As of June 24, unemployment insurance (UI) trust funds in 30 states and the Virgin Islands were insolvent, requiring loans from the federal government totaling over $38 billion. The Department of Labor expects that as many as 40 states will require federal loans in fiscal 2013, with borrowing totaling $93 billion. This amount is above and beyond the $130 billion in additional federal spending on unemployment benefits in the current economic cycle."