WASHINGTON– New york city state has actually asked the federal government for a $4 billion no-interest loan to cover unemployment payments for people put out of work by the coronavirus pandemic as it and other states burn through funds set aside for out of work claims.
States are rapidly diminishing funds set aside as millions of laid-off workers look for unemployment-insurance advantages used by state federal governments, according to a Wall Street Journal analysis of Treasury Department information.
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%%.
source https://jobsearchtips.net/states-burn-through-cash/
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