Business Council 's Podcast

Episode 23 - Ken Pokalsky - Unemployment Insurance Fund Debt

February 23, 2022 Business Council Season 3 Episode 4
Business Council 's Podcast
Episode 23 - Ken Pokalsky - Unemployment Insurance Fund Debt
Show Notes

Ken Pokalsky, Vice President of The Business Council, recently joined the podcast to discuss the state's mounting $9 billion Unemployment Insurance Fund debt. The debt ballooned during the state-mandated business shutdowns during COVID. Now employers across the state, responsible for contributions to the fund, must repay the debt. However, The Business Council has a few ideas on how the state can offset the burden for businesses, still in recovery mode.