The Wisconsin Policy Forum says the state is "clearly better prepared” for a recession that it was in 2007.
A new report focused on the state’s unemployment fund shows the state’s unemployment fund balance hit $1.74 billion at the end of last year. That marks the highest it’s been since 2010, when the fund bottomed out with a negative value of about $1.36 billion.
Still, the fund’s 2018 balance was below the federally recommended level of $1.9 billion.
The WPF report details the factors behind the fund’s drop and rebound. It also highlights a strategy for being better prep...