UC Alternative - How Proactive Unemployment Claims Management Can Combat UI Solvency Issues

Content Summary

In the aftermath of high unemployment fueled by the COVID-19 pandemic, many states found their unemployment insurance (UI) trust funds depleted or in dire straits. In Part 1 of this article series, we explored how UI trust funds work and how UI solvency rates are trending post-pandemic. In Part 2, we look at what these trends mean for you as an employer and how a proactive approach to unemployment claims management can offset the negative repercussions of UI trust fund solvency issues. No matter where you do business, you can benefit from these proven cost-reduction strategies.

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