Business Council of New York State: Unemployment Insurance Debt Clock Reaches 1,095 Days, Three Years of No Action Taken by New York State
January 20, 2024
January 20, 2024
ALBANY, New York, Jan. 20 -- The Business Council of New York State issued the following news release:
One thousand ninety-five days, three full years, have passed without New York State officials addressing the state's Unemployment Insurance (UI) debt bill. The state borrowed federal funds to pay unemployment benefits following mandated business shutdowns during the COVID pandemic, and the state's outstanding debt still totals more than $7 billion.
The debt is directly . . .
One thousand ninety-five days, three full years, have passed without New York State officials addressing the state's Unemployment Insurance (UI) debt bill. The state borrowed federal funds to pay unemployment benefits following mandated business shutdowns during the COVID pandemic, and the state's outstanding debt still totals more than $7 billion.
The debt is directly . . .