Missouri's Troubled Trust Fund
Missouri has maintained perpetually low reserves for years, ending 2006 in the red and narrowly escaping insolvency in 2007. The state entered the current recession with just over a month of reserves, and started borrowing at the beginning of 2009.
This news application is no longer being updated as of February 3, 2011. The historical data is still accurate.
Bankrupt and Borrowing: Missouri's unemployment fund is currently bankrupt and Missouri 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 |
---|---|---|---|---|
$784.8m | 9.2% | $-52.9m | $249.4 | 32.0% |
National: 9% | Rank: 35 of 51 | Rank: 43 of 51 | Rank: 35 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.