RI Department of Labor and Training requests three-month line of credit for Unemployment Insurance Trust Fund
July 8, 2011
The RI Department of Labor and Training has requested and received an $85-million, three-month line of credit from the federal government for the state’s unemployment insurance trust fund. The line of credit is both guaranteed and immediate, and will help cover unemployment insurance benefits payments for the months of July, August and September.
ABOUT DLT: The RI Department of Labor and Training offers employment services, educational services and economic opportunity to both individuals and employers. DLT protects Rhode Island’s workforce by enforcing labor laws, prevailing wage rates and workplace health and safety standards. The department also provides temporary income support to unemployed and temporarily disabled workers. For more information on the programs and services available to all Rhode Islanders, please call the RI Department of Labor and Training at (401) 462-8000 or visit the web site at www.dlt.ri.gov.