Unemployment Insurance: Trust Fund Reserves Inadequate to Meet Recession Needs
HRD-90-124
Published: May 31, 1990. Publicly Released: May 31, 1990.
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Highlights
Pursuant to a congressional request, GAO assessed the potential impact of a severe recession on the financial status of the Unemployment Insurance (UI) system.
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Topics
Budgetary reservesstate relationsFuture budget projectionsLoans to statesProposed legislationRecessionState-administered programsTrust fundsUnemployment compensation programsUnemployment insurance benefits