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Governor Gordon designates CARES Funds to assist employers and job seekers

Federal dollars will help replenish the Unemployment Trust Fund and reduce Workers Compensation taxes.

CHEYENNE, Wyo. – Governor Gordon is directing federal Coronavirus Aid, Relief, and Economic Security (CARES) Act funds to replenish and reinforce two programs that provide benefits to employers and job seekers.

The Governor has allocated $25 million to replenish Wyoming’s Unemployment Trust Fund and an additional $16.4 million in Workers Compensation Fund Premium Credits to help address the financial and economic strain on businesses during the COVID-19 pandemic.

Wyoming’s Unemployment Trust Fund is required by statute to meet a specific balance. As a direct result of the pandemic, the state’s...

 

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