Predicting West Virginia's Future (Current Balance: $76.8m)
We project that West Virginia's fund will remain solvent, but the state is taking no chances, increasing the average tax on businesses from $216 to $348 per employee and freezing increases in benefits for the foreseeable future.
This news application is no longer being updated as of February 3, 2011. The historical data is still accurate.
| In Trouble: West Virginia's unemployment fund will likely be depleted in six months or less. |
How we did it
We built a formula! For details, check out our Nerd Page.
Take our survey
Help us understand what it’s like to be relying on the unemployment safety net – or to fall through it – by answering a few questions.
Reporting network
Want to be notified when we update this data? Sign up for ProPublica's Reporting Network.
| 6 Month Projection | Unemployment Rate (November) | Net Income (December) | Avg. Weekly Benefit | % of Unemployed Receiving Benefits |
|---|---|---|---|---|
| Insolvent | 8.8% | $-16.1m | $253.4 | 38.0% |
| National: 9% | Rank: 14 of 51 | Rank: 40 of 51 | Rank: 21 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.