New Hampshire's Troubled Trust Fund

New Hampshire started the recession with 16 months of reserves, but that will likely not be enough. We project that New Hampshire's fund will be insolvent within six months, despite an average business tax increase from $194 to $332 per employee and a new one-week waiting period for new jobless claims.

This news application is no longer being updated as of February 3, 2011. The historical data is still accurate.

  Bankrupt and Borrowing: New Hampshire's unemployment fund is currently bankrupt and New Hampshire is borrowing from the federal government.

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Borrowed Amount Unemployment Rate (November) Net Income (December) Avg. Weekly Benefit % of Unemployed
Receiving Benefits
$1.9m 5.4% $-8.5m $271.7 40.0%
National: 9% Rank: 9 of 51 Rank: 37 of 51 Rank: 18 of 51

Unemployment Reserves (millions)

Reporters: You are free to use this data to report your stories. Just remember to credit Propublica. Here's a CSV Download of our unemployment data. (Last update February 02, 2011)

Sources: Google Public Data, Department of Labor, Treasury Department.