A nonprofit publication of the Kentucky Center for Public Service Journalism

Chamber president warns some employers could see major unemployment insurance tax increases

Kentucky’s Unemployment Insurance (UI) Trust Fund currently has a balance of $0. This comes as the Commonwealth has the highest unemployment rate in the nation and an unprecedented amount of benefits have been drawn throughout the COVID-19 pandemic. Because of this, Kentucky Chamber of Commerce President Ashli Watts told legislators Thursday employers across the state are facing huge costs to replenish...