News Home
Quick Bites
News Archive
News Channel
Special Features
On AirNewsClassical
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

The Holden Arboretum

Metro RTA

For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )

Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Economy and Business

Ohio whittles away at unemployment debt while employers pay more
Dave Hall has introduced a bill to apply projected Medicaid savings to the unemployment debt.

Karen Kasler
Hall wants to apply Medicaid savings so employers aren't hit with big unemployment insurance increases.
Courtesy of State of Ohio
Download (WKSU Only)
In The Region:

Ohio employers are paying more this year in federal unemployment taxes because the state still hasn’t paid back the money it borrowed to pay jobless benefits during the recession.

For the third time, the federal government has cut back the credit it gives Ohio employers for paying the unemployment tax because the state still has owes the feds more than $1.5 billion. Ben Johnson at the state Department of Job and Family Services says the state is concerned because employers are paying more in taxes.

LISTEN: Johnson on unemployment debt

Other options:
Windows Media / MP3 Download (0:19)

“We of course need to make fund that there is money in the trust fund to continue to pay unemployment compensation claims as they come in So it’s a process of actively managing the debt and taking whatever steps we can take each year to pay off as much principal as possible.”

The cost for the cut in the tax credit comes out to $63 a year per employee, and Johnson says the credit will keep being cut until the debt is paid.

LISTEN: Johnson on impact on employers
Other options:
Windows Media / MP3 Download

Ohio was one of 15 states that borrowed money to pay jobless benefits when its unemployment funds ran out during the recession.

Ohio State Rep. David Hall has introduced a bill to apply a projected $400 million in Medicaid savings to the principal, but other Republicans have talked about tax cuts, and Democrats are pushing more money for schools and local governments. 

Add Your Comment


E-mail: (not published, only used to contact you about your comment)


Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook

Stories with Recent Comments

Kasich campaign evokes dark images of a Trump presidency

Backers of legalizing marijuana in Ohio promise to be back in 2016
We should be aloud to grow more than 4 plants and not have to register with the state considering it will be a free market.

Akron says it's had no second thoughts about welcoming refugees
What business does Councilman Neal own on North Hill? I'd love to support him. I am so glad to have the refugees in our neighborhood. I have lived here for 25 ...

Scarborough says the University of Akron is trying to rebuild relationships
In order for the University of Akron to grow and become a desirable place for students across Ohio and elsewhere, it must address the crime problem in the Akron...

Ohio Sen. Cliff Hite wants to end pay-to-play sports fees at Ohio's schools
You can bet Hite and Husted will also rush to the rescue of the Academic Challenge team, the speech-and-debate squad, the Science Olympians and the chess club. ...

Ohio lawmakers consider new gun bills
States that have gun restrictions/cities have reduced gun violence is false. CHICAGO has some of the toughest gun laaws/restrictions but yet fun violence is off...

Cleveland's public transit system considers fare increase for 2016
I work with individuals with disabilities. Yes some of my folks need more help than the average person. As a whole, the group I work with however can manuver ju...

Community group sues to re-open part of Wadsworth hospital
My father was part of the founding group of citizens which started the "new" Wadsworth/Rittman Hospital. For some reason the leadership for the future of the ho...

The Cleveland Museum of Art presents painters who loved their gardens
brilliant masterpiece, Greetings from

Copyright © 2015 WKSU Public Radio, All Rights Reserved.

In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University