US EditionLabor secretary raises concerns about solvency of state unemployment fund
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3 Articles
State Roundup: Labor Secty raises concern over jobless trust fund; just as it got started, transportation project group is disbanded
LABOR SECTY RAISES CONCERN OVER SOLVENCY OF STATE JOBLESS TRUST FUND: Maryland’s unemployment insurance trust fund faces potential solvency issues that could worsen in the wake of massive federal employee layoffs or a recession. Labor Secretary Portia Wu told members of the Joint Committee on Unemployment Oversight that the state’s insurance trust fund of $2 billion currently meets federal solvency requirements. But she said that picture could c…
State Roundup: Labor Secty Raises Concern Over Jobless Trust Fund; Just As It Got Started, Transportation Project Group Is Disbanded
LABOR SECTY RAISES CONCERN OVER SOLVENCY OF STATE JOBLESS TRUST FUND: Maryland’s unemployment insurance trust fund faces potential solvency issues that could worsen in the wake of massive federal employee layoffs or a recession. Labor Secretary Portia Wu told members of the Joint Committee on Unemployment Oversight that the state’s insurance trust fund of $2 billion currently meets federal solvency requirements. But she said that picture could c…
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