Missouri Unemployment Fund Close To Broke

[Christopher]

With Missouri's jobless rate at 7.3%, the fund that pays unemployment benefits will be broke in two weeks.

The unemployment trust fund has about $37 million dollars in the bank and it pays out around $20 million dollars a week.

But, the state tells Ozarks Fox the federal government will allow it to borrow up to $260 million dollars for the unemployment fund through April.

That means there won't be a delay for anyone receiving unemployment benefits.

http://ozarksfirst.com/content/fulltext/?cid=113911

[DrScreed]

With Missouri's jobless rate at 7.3%, the fund that pays unemployment benefits will be broke in two weeks.

The unemployment trust fund has about $37 million dollars in the bank and it pays out around $20 million dollars a week.

But, the state tells Ozarks Fox the federal government will allow it to borrow up to $260 million dollars for the unemployment fund through April.

That means there won't be a delay for anyone receiving unemployment benefits.

http://ozarksfirst.com/content/fulltext/?cid=113911

No worries, there will not be any unemployed here in a week or two anyway!

[Christopher]

No worries, there will not be any unemployed here in a week or two anyway!

That's better.