New Jersey is borrowing $1.7 billion from the federal government to pay its obligation for unemployment benefits.  A request will be made by the State by the end of the month to get a line of credit to pay all of the claims.  Job attrition is slowing d...

NEW JERSEY BORROWING NEARLY $2 BILLION FROM FEDS TO PAY UNEMPLOYMENT BENEFITS

New Jersey is borrowing $1.7 billion from the federal government to pay its obligation for unemployment benefits.  A request will be made by the State by the end of the month to get a line of credit to pay all of the claims.  Job attrition is slowing down due to people getting back to work.

The post NEW JERSEY BORROWING NEARLY $2 BILLION FROM FEDS TO PAY UNEMPLOYMENT BENEFITS appeared first on 98.7 The Coast WCZT.

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