Ohio – A joint Ohio House and Senate committee has started meeting in order to figure out a way to save Ohio’s endangered unemployment compensation system. The unemployment compensation fund could fail unless the state legislature reforms the program, which could mean higher premiums for Ohio businesses or cuts in benefits to those who face a job loss. According to State Senate President Keith Faber, “If nothing is done, the state could have to borrow more money from the federal government.”
Unemployment Insurance Fund in Danger of Failing
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