Predicting Tennessee's Future (Current Balance: $159.5m)
Low taxes and benefits kept Tennessee's unemployment fund afloat before the recession -- albeit with just six months' worth of reserves. We project that Tennessee's fund will be insolvent within six months. To slow the depletion, the state has imposed a business tax increase from $197 to $293 per employee, on average, for 2010.
This news application is no longer being updated as of February 3, 2011. The historical data is still accurate.
|In Trouble: Tennessee's unemployment fund will likely be depleted in six months or less.|
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|6 Month Projection||Unemployment Rate (November)||Net Income (December)||Avg. Weekly Benefit||% of Unemployed
|National: 9%||Rank: 29 of 51||Rank: 48 of 51||Rank: 50 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.