Status of Ohio Unemployment Fund

Updated : October 5th, 2021

The unemployment seems to be taking its toll in Ohio now. It seems that the Ohio’s unemployment fund is broke. This is because the tax that the employers pay to subsidize the unemployment fund id being reduced this year.

Ohio has been one of the thirty three states that has been borrowing from the federal government to continue funding the unemployed who has lost jobs due to the recession. Ohio has borrowed more than $2.1 billion and will have to start paying interest on it in January 2011 at an annual rate of 4.66 percent. So in such a situation, many of them have been asking about why the tax has been cut.



The unemployment funding comes from the payroll taxes paid by the companies. According to reports, One key part of each employer’s tax was reduced by $18 per worker. That adds up to tens of millions of dollars that won’t be going to the fund.

Experts feel that Ohio should avoid tax cut that happens automatically from its insufficient unemployment fund. It is important to remember that unemployment compensation is very critical for those workers who have lost jobs for no fault of theirs. As per the news, last year, more than half a million of people in the Ohio State received unemployment compensation. With jobless spells lasting longer, nearly 250,000 remained on state benefits so long that they ran out.

If you need more details about the unemployment benefits comparison by state, then you can refer to Ohio State Unemployment benefits guide.



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  1. My benefits ended Jan. 11, 2020. Will I be eligible for 13 week extension and if so how do I claim in N.J.?

    1. John,

      We understand this might be a difficult time for you. We’re anticipating a shortage of staff across unemployment offices due to the massive surge in UI applications considering the pandemic. We advise against calling or visiting the office, as you may not get a response instantly. Please read more about the situation here https://fileunemployment.org/coronavirus/

      Your state may have activated “Extended Benefits (EB)” authorized by the federal government. We recommend you apply for UI benefits online. For more information, please visit your state’s official Unemployment website.

  2. I have been trying to apply for unemployment,on-line and by phone, for several days. My first attempt was on the day that I was required by last name. I truly understand that there is going to be an extremely large,either by phone or on-line,influs of applicants to complete this process. Following the prompts do not seem to work since I am guided to another section that does not pertain to applying. I am extremely frustrated. I need to complete my unemployment claim. May you please tell me what I need to do?

    1. Edna,

      We understand this might be a difficult time for you. We’re anticipating a shortage of staff across unemployment offices due to the massive surge in UI applications considering the pandemic. We advise against calling or visiting the office, as you may not get a response instantly. Please read more about the situation here https://fileunemployment.org/coronavirus/

      Your state may have activated “Extended Benefits (EB)” authorized by the federal government. We recommend you apply for UI benefits online. For more information, please visit your state’s official Unemployment website.

    1. I am not sure how it works in your state. We suggest you visit the Unemployment Office’s website and learn more about it under the FAQs section.

  3. I am confused, my Illinois unemployment was accepted on March 29th, but I don’t call to certify for benefits until Monday, March 13th. I thought they were waiving the waiting week. Now I have to wait almost 3 weeks for any kind of financial relief? Do I not get the 600 for the care plan? if I do when will that be here? will it be direct deposit? Please help me.

    1. Jennifer,

      Please try finding answers online since there might be limited phone support due to the shortage of staffing. You can use the “Resources” or “FAQs” section of the website.

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