Nuggets of knowledge, statistics and advice about unemployment
Friday, March 6, 2009
How good is your state's unemployment insurance reserve?
The folks at IBM's many eyes have produced this interesting chart which shows the "Average High Cost Multiplier"---essentially how long the state's unemployment insurance reserves would last if funds were depleted at a rate that equals the worst rate in the last 20 years with no incoming revenue.
The darker the color, the better the reserve situation is.