Predicting Alaska's Future (Current Balance: $245.4m)
Alaska's fund will likely weather the recession without becoming insolvent thanks to the year's worth of reserves that it had accumulated by the end of 2007. But the state had to abandon its string of record low tax rates and increase business taxes from $376 to $447 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This news application is no longer being updated as of February 3, 2011.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 the Clear: Alaska's unemployment fund is solvent. |
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| 6 Month Projection | Unemployment Rate (November) | Net Income (December) | Avg. Weekly Benefit | % of Unemployed Receiving Benefits |
|---|---|---|---|---|
| $292.7m | 7.9% | $-6.3m | $243.4 | 51.0% |
| National: 9% | Rank: 6 of 51 | Rank: 44 of 51 | Rank: 6 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.