Year

Rank

Trending

Trust Fund as a % of Total Wages

U.S. Average

North Carolina

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.

Business Headache Index

North Carolina Ranking

24 / 51

Source: US Department of Labor

Unemployment Insurance Solvency

State	2003-01	2004-01	2005-01	2006-01	2007-01	2008-01	2010-01	2011-01	2012-01	2014-01	2015-01	2017-01	2018-01	2019-01	2020-01
Alabama	0.50	1.10	0.90	0.30	0.40	2.00	1.90	0.50	1.10	0.90	2.80	0.70	0.80	0.90	0.90
Alaska			0.10	0.50	0.30	2.20	1.90	0.70	1.10	0.90	2.10	3.40	3.60	3.60	3.70
Arizona						2.30	2.00	1.00	1.00	0.40	2.60	0.30	0.50	0.80	0.90
Arkansas							2.00	1.10	1.00	0.30	3.00	1.30	1.60	1.80	1.90
California			1.00					1.00	1.00	0.80	3.40		0.00	0.20	0.20
Colorado		1.00	1.80					0.50		1.10	3.50	0.50	0.60	0.70	0.80
Connecticut	0.10	0.50	2.30	2.00				0.70			3.30	0.20	0.40	0.50	0.60
Delaware	0.40	0.70	2.50	1.90		1.00		1.00			1.70	0.50	0.60	0.70	0.80
District of Columbia	0.50	0.80	2.20	1.70		0.70		1.20			1.70	1.00	1.10	1.10	1.20
Florida	0.60	0.90	2.30	1.60		0.90		1.20	1.30		2.00	1.00	1.10	1.10	1.10
Georgia	0.70	0.80	2.60	1.50	0.30	1.00		1.20	0.70	0.80	2.60	0.80	1.00	1.10	1.20
Hawaii		0.40	2.70	1.60	0.60	1.10		1.20	0.50	0.40	3.20	2.30	2.30	2.40	2.50
Idaho				1.30	0.70	1.00		1.30	0.40	0.20	3.80	2.30	2.60	2.70	2.70
Illinois				0.50		0.60	0.00	1.20	0.20	0.20	4.40	0.40	0.40	0.50	0.50
Indiana				0.50				1.30	0.20	0.10	4.90	0.00	0.30	0.50	0.70
Iowa	1.40			1.00		0.10				0.10	5.40	1.70	1.90	1.90	2.00
Kansas	1.30			1.40		0.30					5.80	0.90	1.10	1.40	1.60
Kentucky	1.40	0.30		1.60	3.50	0.80						0.30	0.60	0.70	0.80
Louisiana	1.40	0.60		1.70	3.30	0.80						1.20	1.30	1.30	1.40
Maine	1.40	0.80	0.10	1.60	3.10	0.70		1.40				2.00	2.20	2.30	2.30
Maryland	1.40	1.00	0.40	1.70	2.60	0.80	0.10	1.20				0.90	0.90	1.00	1.00
Massachusetts	1.40	1.10	0.60	1.90	2.60	0.90	0.40	1.20	0.10		0.70	0.30	0.30	0.50	0.60
Michigan	1.10		0.20	1.90	2.50	0.90	0.60	1.40	0.50		0.30	1.70	1.90	2.20	2.40
Minnesota	1.00				2.40	1.00	0.80	1.60	0.80		0.30	1.10	1.10	1.10	1.10
Mississippi	0.90				1.80		0.90	1.60	0.90	0.10	0.40	1.90	2.00	2.00	2.00
Missouri	0.90				1.40			0.90	1.10	0.20	0.60	0.60	0.80	0.90	0.90
Montana	0.80	2.30	0.20		1.20					0.40	0.60	1.90	1.90	2.10	2.10
Nebraska	0.90	2.60	0.20	1.00	1.10							1.30	1.20	1.30	1.20
Nevada	0.90	2.70	0.40	0.60	1.20	0.40						1.40	2.00	2.60	3.10
New Hampshire	1.00	2.90	0.40	0.80	1.20		2.30					1.00	1.00	1.00	1.00
New Jersey	1.10	3.20	0.40	1.10	1.20		2.10	0.20	3.80			0.80	0.90	1.10	1.10
New Mexico	1.10	3.10	0.40	1.30	1.20	0.30	2.10	0.50	3.50	1.20		1.60	1.60	1.60	1.60
New York		2.00	0.50	1.30	1.30	0.50	2.20	0.90	3.20	0.90		0.20	0.30	0.40	0.40
North Carolina		0.30		0.90	1.30	0.70	2.20	1.40	2.90	1.30	0.10	1.60	1.90	2.00	2.10
North Dakota						0.50	2.30	2.00	2.70	1.60	0.30	0.30	0.80	1.10	1.20
Ohio							1.90	2.60	2.50	1.80	0.50	0.10	0.20	0.40	0.50
Oklahoma	0.80	0.70					1.00		2.00	1.80	0.70	1.60	1.60	1.60	1.60
Oregon	0.60	1.80	1.20				0.70		1.00	1.60	1.00	4.90	5.40	5.80	6.10
Pennsylvania	0.60	2.10	0.70	0.10	3.30	0.10	0.90		0.80	0.90		0.50	0.70	1.00	1.20
Rhode Island	0.70	2.40	0.50	0.30	3.10	0.20	1.30		0.30	0.50		1.40	1.80	2.30	2.60
South Carolina	0.90	2.30	0.50	0.80	3.00	0.40	1.50	1.50	0.30	0.80		0.80	1.00	1.20	1.40
South Dakota	0.80	2.30	0.30	0.90	3.00	0.30	1.90	1.20	0.20	1.50		0.80	0.90	0.90	0.90
Tennessee	0.30	2.40	0.10	1.10	2.90	0.30	2.00	1.20	0.30	2.00	1.70	0.90	0.90	0.90	1.00
Texas				1.40	3.00	0.30	1.90	1.20	1.00	2.10	1.30	0.10	0.10	0.20	0.20
Utah					1.90		2.10	1.00	1.60	1.60	1.00	2.00	2.00	1.90	1.80
Vermont					1.50			0.40	1.60	1.60	1.00	3.20	4.00	4.50	4.90
Virginia	0.30	1.20			1.50					1.60	0.70	0.60	0.70	0.70	0.80
Washington	0.70	0.70		0.90	1.60							2.70	2.60	2.60	2.40
West Virginia	0.90	0.60		0.60	1.60	1.20		0.30				0.30	0.30	0.60	0.60
Wisconsin	1.00	0.80		0.40	1.70	0.50	0.70	0.70				1.10	1.30	1.50	1.70
Wyoming	1.10	0.90	0.00	0.40	1.90	0.20	0.60	1.00				3.10	3.20	3.40	3.60
U.S. Average	0.88	1.43	0.94	1.11	1.86	0.76	1.49	1.09	1.24	0.96	2.04	1.26	1.39	1.50	1.59