States tap federal aid to shore up empty unemployment funds
This article is provided courtesy of the Associated Press.
Governor Mark Gordon (courtesy of Wyoming PBS and YouTube)
Businesses could be spared billions of dollars of higher taxes in coming years potentially freeing up money to spend on employees or invest in their operations as a result of federal coronavirus aid flowing to the states.
Governors and lawmakers in more than half the states are planning to use at least part of their federal pandemic relief money to bail out unemployment insurance trust funds that were drained by a surge in jobless claims caused by business closures and restrictions, according to an Associated Press review.
States tap federal aid to shore up empty unemployment funds
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States tap federal aid to shore up empty unemployment funds
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