Unemployment insurance bankrupt in 26 states, insolvency projected for 9 more states in 6 months

Propublica – Unemployment Insurance Tracker:

“The unemployment insurance system is in crisis due to a combination skyrocketing unemployment and – in some cases – poor planning. A record 20 million Americans collected unemployment benefits last year, and twenty-six states have run out of funds and been forced to borrow from the federal government, raise taxes, or cut benefits. In many other states the situation is deteriorating fast.”

• Ron Paul on the Fed, the ‘Cartel’, Unemployment and the Soviet-like Collapse of the American Empire
• It’s official, both Democrats and Republicans Serve the Rich Only
• Structural Shifts and Unemployment

Tagged as: economy, jobs, recession, unemployment