From statesman, March 1, 2009...
Added claims during recession drawing down fund faster than previously projected.
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Showing posts with label Texas Unemployment Compensation Trust Fund. Show all posts
Showing posts with label Texas Unemployment Compensation Trust Fund. Show all posts
Thursday, March 5, 2009
Sunday, January 25, 2009
Texas jobless fund to face $447M deficit
From News 8 Austin, January 22, 2009...
State officials project Texas will have a $447 million shortfall in its unemployment compensation trust fund on Oct. 1.
That's after the temporary suspension of the unemployment replenishment tax at the behest of Gov. Rick Perry. The fund that pays jobless claims was flush with $90 million in savings nearly a year ago when Perry temporarily halted the replenishment tax. That's one part of the unemployment insurance tax.
Read more...
State officials project Texas will have a $447 million shortfall in its unemployment compensation trust fund on Oct. 1.
That's after the temporary suspension of the unemployment replenishment tax at the behest of Gov. Rick Perry. The fund that pays jobless claims was flush with $90 million in savings nearly a year ago when Perry temporarily halted the replenishment tax. That's one part of the unemployment insurance tax.
Read more...
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