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.
