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TEXAS DIGS DEEPER TO PAY THE JOBLESS

12:00 AM CDT on Wednesday, June 10, 2009

Texas digs deeper

for the unemployed

Unemployment benefits that are paid by state employers through a tax have rapidly increased in cost. The cost this year of providing 26 weeks of benefits per laid-off worker is expected to triple from 2007. Here are actual costs for 2007-08 and projections for 2009-12:
2007$1.1 billion
2008$1.3 billion
2009$3.4 billion
2010$2.47 billion
2011$2.36 billion
2012$2.25 billion
SOURCE: Texas Workforce Commission
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