North Carolina unemployment insurance http://wfae.org en NC Reducing Backlog Of Unemployment Insurance Claims http://wfae.org/post/nc-reducing-backlog-unemployment-insurance-claims <p>North Carolina is working to eliminate a backlog of unemployment insurance claims. The state says the claims initially backed up as it started putting a greater emphasis on double-checking them.</p><p> Wed, 05 Mar 2014 21:36:51 +0000 Michael Tomsic 46325 at http://wfae.org NC Reducing Backlog Of Unemployment Insurance Claims N.C. About To Slash Unemployment Benefits, Raise Taxes http://wfae.org/post/nc-about-slash-unemployment-benefits-raise-taxes <p>A bill to drastically cut unemployment benefits and slightly raise business taxes has cleared its last major hurdle in North Carolina. Republicans behind it say it's going to be painful, but it's necessary to pay back the <a href="http://workforcesecurity.doleta.gov/unemploy/budget.asp#tfloans" target="_blank">$2.5 billion </a>the state owes the federal government for help paying unemployment insurance.</p><p><strong>How did the state build up such a massive debt?</strong></p> Tue, 12 Feb 2013 21:50:39 +0000 Michael Tomsic & Mark Rumsey 21293 at http://wfae.org N.C. About To Slash Unemployment Benefits, Raise Taxes Gov. McCrory Wants To Sign Unemployment Insurance Changes Into Law http://wfae.org/post/gov-mccrory-wants-sign-unemployment-insurance-changes-law <p>Governor Pat&nbsp;McCrory&nbsp;said one of the first bills he plans to sign into law will overhaul the state’s unemployment insurance system.&nbsp;McCrory&nbsp;is in favor of a Republican legislative plan that cuts benefits and raises taxes on some businesses.</p><p>When the economy tanked, North Carolina’s unemployment insurance system got way out of balance. Businesses fund it, and they weren’t putting enough in to cover the massive demand for benefits as unemployment soared. &nbsp;</p> Thu, 10 Jan 2013 14:28:23 +0000 Michael Tomsic 19160 at http://wfae.org Gov. McCrory Wants To Sign Unemployment Insurance Changes Into Law N.C. Proposal Slashes Unemployment Insurance, Raises Taxes http://wfae.org/post/nc-proposal-slashes-unemployment-insurance-raises-taxes <p>Republican state legislators unveiled a plan Wednesday to reduce unemployment benefits and raise taxes on some businesses. They say those are necessary steps to pay back the nearly <a href="http://workforcesecurity.doleta.gov/unemploy/budget.asp#tfloans">$2.5 billion </a>the state owes the federal government for help paying unemployment insurance.</p> Wed, 05 Dec 2012 23:13:07 +0000 Michael Tomsic 17131 at http://wfae.org N.C. Proposal Slashes Unemployment Insurance, Raises Taxes Expect Reduced Benefits, Higher Taxes To Pay Back Unemployment Insurance Debt http://wfae.org/post/expect-reduced-benefits-higher-taxes-pay-back-unemployment-insurance-debt <p>North Carolina legislative leaders will unveil a plan Wednesday to pay back a massive debt to the federal government. The state owes nearly $2.5 billion for money it borrowed during the recession to pay for unemployment insurance.</p><p>Legislators in charge of the plan to pay that back say the solution will likely include fewer benefits for the unemployed and higher taxes for some businesses.</p><p>North Carolina's unemployment insurance is fully funded by businesses. Most of them pay a tax on every employee they have, and that money goes into a giant trust fund.</p> Mon, 03 Dec 2012 22:33:35 +0000 Michael Tomsic 16961 at http://wfae.org