Arizona Unemployment Trust Fund Is Going Broke

Howard Fischer reports today, COVID-19 funds to prop up state unemployment fund: Gov. Doug Ducey plans to put federal cash given to the state for COVID-19 relief into the soon-to-be-insolvent unemployment trust fund to save companies from having to replenish the account on their own. But unemployed Arizonans will have to continue to live on … Read more

Joe Biden Will Do Better With The Economy

The number of Americans seeking unemployment benefits rose last week by the most in two months, to 898,000, a historically high number and evidence that layoffs remain a hindrance to the economy’s recovery from the pandemic recession. For context, the previous record for weekly unemployment claims was 695,000 set in 1982 — a record that has now … Read more