Ohio Unemployment Fund Runs Out Of Money

For the first time since the COVID-19 pandemic began, Ohio is having to borrow money from the federal government to pay all of the unemployment claims.

Governor Mike DeWine announced that the state is requesting $3.1 billion from the U.S. Department of Labor.

DeWine says that amount is actually more than is needed, but says the overage will be used as a line of credit in case it’s needed.

The loan ensures that those receiving a weekly check and those who apply for assistance in the future will receive benefits without interruption