OCR Text |
Show JOB INSURANCE FUNDISINTACT Unemployment compensation paid out la 1M the first year of tht Job Insurance program's operation was 171 SOI lass thaa collections, according to figures available Friday Fri-day at the unemployment compeav satioa division offices. As a result, a fund of f2.TM.0M On hand ea January 1, l3g, was Isft Intact. This fund was raised hy payroll luu In IBM and 1M7. Payments to unemployed In 1W amounted to tleSl.too, while the payroll las of eovered Industrlae. which was I T per rent In 193. broufht In I2.tsl.101. The 1W levy waa . of 1 oer cent aad the )MT tax rate waa 1 s per cent. The figures also showed thst Bait Lake district as Iters reived the largest amount ef benefits during the year ll.SM.SM. This district Includes Salt Laks. Tooele, Summit. Sum-mit. Wasatch. Daggett and South Davis counties. Ogden district, which Includes Box Rider, Weber. Rich, Morgan and North Davis counties, ranked second In payments to jobless with 7M 0t. Loeaa district, whlck takes la only Cache county, received least for Its Jobless f37.lt. Reports to ths division also shewed thst the payrolls of covered |