Connecticut's Troubled Trust Fund

The seven months of reserves that Connecticut carried into 2008 were not enough to help it survive a spike in claims that began in October of that year. The state's trust fund went insolvent shortly afterward. Despite this, the state is carrying forward with a small, previously scheduled benefit increase.

This news application is no longer being updated as of February 3, 2011.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

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

All States

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Borrowed Amount Unemployment Rate (November) Net Income (December) Avg. Weekly Benefit % of Unemployed
Receiving Benefits
$619.2m 8.5% $-64.5m $335.7 53.0%
National: 9% Rank: 38 of 51 Rank: 11 of 51 Rank: 4 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.