BREAKING- NH Unemployment Trust Fund runs out of money
(CONCORD) New Hampshire’s Unemployment Trust Fund is out of money. Employment Security Commissioner Tara Reardon says that the fund reached a zero balance yesterday. In an exclusive interview with New Hampshire Watchdog, Reardon says the state expects to receive a $50 million no-interest loan from the federal Department of Labor within a week, in order to pay benefits to the 35,000 Granite Staters currently receiving unemployment.
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