Addressing New York’s unemployment debt

May 6, 2025 – A quiet campaign by an organized labor and a prolonged advocacy effort by the business community appears to have been successful in convincing state policymakers to pay off New York’s multi-billion dollar unemployment insurance debt to the federal government. We consider the ramifications of the deal that is taking shape, including what it means for unemployment benefits in the future, with Zach Williams, a Capitol reporter for Bloomberg Government.