U.S. Census Bureau Daily Feature for January 28: Unemployment Insurance
WASHINGTON, Jan. 28, 2016 /PRNewswire-USNewswire/ -- Following is the daily "Profile America" feature from the U.S. Census Bureau:
Profile America — Thursday, January 28th. As the Great Depression approached its worst, Wisconsin made the nation's first governmental direct relief effort for the unemployed. On this date in 1932, it enacted unemployment insurance, soon followed by a half-dozen other states before the Social Security Act in mid-decade moved all states to adopt such programs by 1937. Wisconsin's program issued its first unemployment check in August in the amount of $15. By 2012, states and local governments took in over $80 billion from the payroll tax to fund unemployment insurance. But they spent nearly $96 billion in such assistance. States have $256 billion in combined insurance trust funds, but an aggregate deficit of $18 billion for covering unemployment. You can find more facts about America from the U.S. Census Bureau online at www.census.gov.
Sources: Kane's Famous First Facts, 4525
Wisconsin effort/accessed 11/12/2015: http://www.jstor.org/discover/10.2307/4634308?uid=3739584&uid=2&uid=4&uid=3739256&sid=21101461107107
National response: http://www.dol.gov/ocia/pdf/75th-Anniversary-Summary-FINAL.pdf
State & local unemployment revenue and expenditure/table A-1& 8: http://www2.census.gov/govs/local/summary_report.pdf
Profile America is produced by the Center for New Media and Promotions of the U.S. Census Bureau. These daily features are available as produced segments, ready to air, on the Internet at http://www.census.gov (look for "Multimedia Gallery" by the "Newsroom" button).
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SOURCE U.S. Census Bureau