State's Unemployment Fund Running Low

Mar 2, 2020

Ohio Statehouse
Credit WCBE files

 The state's unemployment compensation fund is running low and would be inadequate if an economic downtown occurs.  

Last week's stock market fall sparked concerns over the fund's viability.  The fund only has enough money to last four months.  The U.S. Department of Labor says Ohio's jobless fund has the fifth-worst solvency rate in the nation.