SPRINGFIELD – The Joint Employers have released the following statement regarding Thursday’s vote to ease the deficit facing the state’s unemployment insurance trust fund:
“Today’s vote will inject $2.7 billion from the American Rescue Plan (ARPA) into the Illinois Unemployment Insurance Trust Fund. Illinois employers appreciate the Governor and members of the General Assembly for taking this positive step in addressing the massive $4.5 billion in outstanding debt. We’re hopeful that negotiations will continue to resolve the remaining balance of this unprecedented deficit.”
The Joint Employers include the Illinois Retail Merchants Association, Illinois Manufacturers’ Association, Illinois Chamber of Commerce, Chicagoland Chamber of Commerce, the National Federation of Independent Businesses of Illinois and the Associated General Contractors of Illinois.