Ohio unemployment fund dries up
COLUMBUS, Ohio (AP) -January 12, 2009 The Ohio Department of Job and Family Services said Monday the
federal government has already approved $500 million to be borrowed
by Ohio to pay benefits in January and February. The state has
requested that it be able to use $50 million of that amount to pay
benefits this week.
Agency spokesman Dennis Evans said Ohio is committed to
preventing the unemployed fund from missing any payments.
Ohio and many other states have seen their unemployment funds
decrease drastically as the number of unemployed workers has surged
amid the recession.
