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Report

Kentucky Should Re-Enact Surcharge to Pay Unemployment Interest

Jason Bailey | January 11, 2012

Kentucky owes interest payments on the nearly one billion dollars borrowed from the federal government to pay unemployment insurance benefits during the economic downturn. The next interest payment, due September 30, is estimated to be $44 million. In addressing these looming payments, the best strategy is for Kentucky to re-enact an employer surcharge.

Updated UI Interest Brief

More On Economic Security: How Kentucky Turned Away Half a Billion Dollars in Grocery Help

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Perspectives

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How Kentucky Turned Away Half a Billion Dollars in Grocery Help

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