I remember covering it when it was, well back in the Doyle administration after the Great Recession, big deficit, then we ran up a balance pre pandemic. Can you update us on the U of I Trust fund now? Yeah, absolutely. So As of December 31, 2020, the trust fund had $1.1 billion in it. We have not had to borrow from the federal government since the pandemic. But to give you a little bit of context, Steve, There are about 20 states that are … (23:26–23:34)
CLAIM
Asserts the unemployment trust fund balance was $1.1 billion at the end of 2020.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
