States ignored warnings on unemployment insurance

States ignored warnings on unemployment insurance
WASHINGTON— State officials had plenty of warning. Over the past three decades, two national commissions and a series of government audits sounded alarms about the dwindling amount of money states were setting aside to pay unemployment insurance to laid-off workers. “Trust Fund Reserves Inadequate,” federal auditors said in a 1988 report. It’s clear now the warnings were pretty much ignored …
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