Legislature Likely to Revisit Unemployment Reform Issue
Friday, August 19, 2016
It was during the 2015 session that the Missouri General Assembly approved legislation to reform the state's system of unemployment. The legislation was intended to bring financial stability to the system, which went insolvent after the 2008 economic downturn. Its primary provisions acted to link unemployment benefits to the rate of unemployment, and ensure the state keeps more money in the unemployment trust fund. It was a change House members supported in order to end Missouri's trend of borrowing money from the federal government to pay for unemployment benefits.