State sees jobless-fund woes until 2015

(Fort Wayne) Journal Gazette

Thursday, September 10, 2009 5:06 AM

Niki Kelly, The Journal Gazette

nkelly@jg.net

INDIANAPOLIS - New projections show Indiana will be borrowing money from the federal government to pay unemployment claims until 2015, despite steep tax increases on businesses that take effect in January.

The original estimate predicted the state's unemployment insurance trust fund would be back in the black by 2012.

Department of Workforce Development officials also said Wednesday the projection for paying back the billions of dollars in loans has been extended to 2022.

Feds hit Indiana's jobless aid reforms

Related Sites

The Journal Gazette full text

Submit A Comment

Please fill out the form below to submit a comment.

* indicates a required field

Comment *

Your Name

Phone

A comment must be approved by our staff before it will displayed on the website.

Submit

HOME

Editor, John C. DePrez Jr.; Executive Editor, Carol Rogers; Publishers: IBRC and IAR