Kansas's Troubled Trust Fund
Kansas was a trust fund success story until its employment rate doubled in 2009. Its reserves quickly dwindled, and the state has started borrowing. Kansas employers, on average, face a tax increase from $162 to $350 per employee, but state officials estimate borrowing of more than $700 million by the end of 2010.
This news application is no longer being updated as of February 3, 2011. The historical data is still accurate.
| Bankrupt and Borrowing: Kansas's unemployment fund is currently bankrupt and Kansas 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 |
|---|---|---|---|---|
| $100.7m | 6.7% | $-34.4m | $333.6 | 47.0% |
| National: 9% | Rank: 27 of 51 | Rank: 12 of 51 | Rank: 9 of 51 |
Unemployment Reserves (millions)
| Trust Fund Balance (Kansas is borrowing, Fund is Bankrupt) | |
| Unsustainable |
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.