How does the state government raise money to pay unemployed people under the Federal Unemployment Tax Act?

Question

Quizplus · Accepted Answer

The state government raises money to pay unemployed people under the Federal Unemployment Tax Act by collecting taxes from employers. The employers are required to pay into the unemployment insurance fund based on the number of employees they have and their payroll amounts. This money is then used to pay unemployment benefits to eligible individuals who are out of work through no fault of their own.

How Does the State Government Raise Money to Pay Unemployed