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Wednesday, January 20, 2010

UNEMPLOYMENT BENEFITS: Predicting Arizona's Future (Current Balance: $232.4m)

Arizona kept its trust fund afloat with a combination of low taxes and some of the nation's lowest benefits. But a significant spike in claims at the beginning of 2009 quickly ate through most of the fund. The state has no tax increase planned for this year, and according to our calculations, the fund will be insolvent in less than six months.
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ProPublica Unemployment Insurance Tracker