Page 9 - வேலையின்மை காப்பீடு நம்பிக்கை நிதி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

/ An image from the Illinois Department of Employment Security shows the anticipated fund balance of the Unemployment Insurance Trust Fund as of June 2021. Since economic shutdowns began and COVID-19 death counts started to rise in March 2020, national unemployment rates have hovered at historically high numbers, stressing state unemployment systems left dealing with an unprecedented number of claims. In Illinois, that’s led to a deficit in the Unemployment Insurance Trust Fund – or the pool of money used to sustain the social safety net – that could rise to $5 billion. Stakeholders from both political parties, as well as business and labor groups, are now warning of “crippling” tax increases on businesses and cuts to unemployment benefits that could result if the ongoing deficit goes unaddressed for too long.

New yorkUnited statesJay hoffmanDick durbinIllinoi us senRob karrJoe bidenChapin rosePat devaneyUnemployment insurance trust fundUnemployment trust fundIllinois department of employment securityIllinois retail merchants associationSwansea democratCapitol news illinoisAmerican rescue plan act