Georgia expected to seek loan for jobless funds

By: Associated Press
By: Associated Press

December 17, 2009

ATLANTA (AP) -- Georgia's labor commissioner is expected to seek a federal loan to make next week's jobless benefit payout.

The Atlanta Journal-Constitution reported on its Web site Wednesday evening that Labor Commissioner Michael Thurmond is expected to announce the loan request at a Thursday press conference. Thurmond could not immediately be reached for comment.

Thurmond told the newspaper that Georgia has paid an average of $33 million each week to laid-off Georgians this year. He said the trust fund for unemployment benefits is now hovering around $25 million.

He told the newspaper that ensuring that all jobless Georgians are eligible to receive benefits is his "primary responsibility."

(Copyright 2009 Associated Press. All rights reserved.)


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