• Colorado to borrow money to pay unemployment (access required)

    by Staff Writer

    Published: January 11,2010

    Time posted: 10:34 am

    Tags: recession, unemployment

    Colorado is likely to join 25 other states in borrowing from the federal government to continue paying unemployment benefits. Department of Labor and Employment Executive Director Donald J. Mares made the announcement to the state's Joint Budget Committee last week. He said quick action is needed to address the projected shortfall in the state's unemployment trust fund. "Like ...





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