Tax Foundation's new white paper on North Carolina’s Tax Competitiveness

Unemployment Insurance Solvency

Trust Fund as Percent of Total Wages

What does this mean?

Total state unemployment insurance fund balances divided by high cost year of benefits.

Why does this matter?

UI Solvency measures the state’s ability to pay for unemployment insurance payments in economic downturns without having to raise taxes or borrow from the Federal government.

North Carolina Ranking
23 / 51

Source: US Department of Labor

Region Comparison

Unemployment Insurance Solvency

Unemployment Insurance Solvency