Research Report The Challenge Facing the Unemployment Insurance Financial System
Wayne Vroman
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This working paper examines the performance of the state unemployment insurance (UI) financing system during and after the Great Recession of 2007-2009. It documents the patterns of borrowing by the states and the response of UI taxes and other policy actions to restore state UI trust fund balances. The final section explores alternative policy options for improving the long run solvency of state UI programs.
Research Areas Social safety net Taxes and budgets
Tags Welfare and safety net programs State and local tax issues Unemployment and unemployment insurance
Policy Centers Center on Labor, Human Services, and Population