Saturday, February 28, 2009

Missouri's unemployment insurance fund runs out of money

According to the St. Louis Business Journal, the state of Missouri has had to borrow $15 million from the federal government as its unemployment insurance fund ran dry earlier this week.

The state is expected to borrow $260 million from the feds to cover their costs through May. If you're currently collecting unemployment insurance from Missouri, don't worry the checks will still be coming.

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