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    Ohio unemployment fund runs out

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    employmentcrossing

    by employmentcrossing

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    http://www.employmentCrossing.com
    With the gradual depletion of Ohio’s unemployment compensation fund, the state has been forced to borrow federal funds.
    The federal government has approved $500 million to be borrowed by Ohio to pay benefits in January and February. Approximately $50 million of that will be used to pay benefits this week.