State Funding For Unemployment Benefits Likely To Run Out Leaving Illinois To Borrow From Federal Government
NewsColony State Funding For Unemployment Benefits Likely To Run Out Leaving Illinois To Borrow From Federal Government CHICAGO (CBS) — One in six working Americans is now out of a job and may be struggling to pay their rent or mortgage or feed their families. In just the last seven weeks more than 750,000 people in Illinois filed unemployment claims. That’s more than what was filed all last year. During those seven weeks, Illinois paid out more than $700 million in benefits. The CBS 2 team is Working for Chicago, getting information about new resources for businesses trying to avoid layoffs and reporting that uncovers whether the state has enough money to keep paying those unemployment benefits that are already due. For 10 years Kathleen Simonelli was a devoted server at Mamma Maria’s restaurant in Bensenville, but last month she lost job. “I want to go back to work so bad. It’s terrible. My heart sinks to my stomach thinking, ‘Oh my God, I’ve got these bills I nee...