Dept. of Workforce Development: Releases potential impact due to COVID-19 on unemployment trust fund

MADISON – The Department of Workforce Development (DWD) today released three different potential Unemployment Insurance (UI) Trust Fund exhaustion paths based on certain assumptions. As of May 6, the Trust Fund balance stood at $1,862,656,170. Currently UI is experiencing unprecedented claim volume with over 300,000 weekly claims per week. This is 194% higher than the … Continue reading Dept. of Workforce Development: Releases potential impact due to COVID-19 on unemployment trust fund