This is the first time since the 1983 recession that Indiana has had to borrow federal funds to fill the gap in its Unemployment Insurance Trust Fund. The federal loan would be repaid after first quarter tax payments are received. ...
The state is currently receiving the quarterly tax payments from employers who pay into the unemployment insurance fund. Despite this coming influx of cash, Abell said, Indiana will likely need to borrow from the Department of Labor in ...
Ind. unemployment fund nearly busted. INDIANAPOLIS | Indiana wants to borrow up to $330 million from the federal government to stabilize its unemployment insurance trust fund. Benefits paid to unemployed Hoosiers have exceeded employer ...
The State of Indiana will borrow funds from the federal government for the state’s Unemployment Insurance Trust Fund as a temporary measure until the state legislature acts to replenish the fund. The Indiana Department of Workforce ...
FORT WAYNE — Indiana likely will have to borrow money from the federal government to cover unemployment benefits because the Unemployment Insurance Trust Fund is running out of money, a state official says. ...
State officials say they’re asking the federal government to loan Indiana’s unemployment insurance fund up to 330 million dollars over the next three months. So far this year, the fund’s payments to unemployed people has exceeded its ...
Indiana likely will have to borrow money from the federal government to cover unemployment benefits because the Unemployment Insurance Trust Fund is running out of money, a state official says. Indiana is one of five states whose ...
Initial claims for unemployment insurance benefits by former federal civilian employees totaled 1898 in the week ending November 15, an increase of 400 from the prior week. There were 1585 initial claims by newly discharged veterans, ...
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