State unemployment compensation trust funds continue to struggle: Report

Published January 4, 2021 6:00pm ET



State unemployment compensation trust funds continue to struggle, a new report published by the Tax Foundation reveals.

As of Dec. 17, 20 states and the U.S. Virgin Islands have taken out loans from the federal government – totaling roughly $44.3 billion in Title XII Advances – that are required to be paid back with interest.

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