Figure D

Unemployment Trust Fund contributions collected minus benefits paid, as a percent of total wages, 1969–2012

Date (UTF contributions – benefits paid) / Total wages
1969/01/01 0.11% 0
1970/01/01 -0.35% 0
1971/01/01 -0.57% 0
1972/01/01 -0.13% 0
1973/01/01 0.19% 0
1974/01/01 -0.13% 0
1975/01/01 -1.12% 0
1976/01/01 -0.22% 0
1977/01/01 0.11% 0
1978/01/01 0.42% 0
1979/01/01 0.38% 0
1980/01/01 -0.23% 0
1981/01/01 -0.14% 0
1982/01/01 -0.72% 0
1983/01/01 -0.26% 0
1984/01/01 0.45% 0
1985/01/01 0.35% 0
1986/01/01 0.17% 0
1987/01/01 0.24% 0
1988/01/01 0.28% 0
1989/01/01 0.15% 0
1990/01/01 -0.10% 0
1991/01/01 -0.49% 0
1992/01/01 -0.32% 0
1993/01/01 -0.04% 0
1994/01/01 0.06% 0
1995/01/01 0.07% 0
1996/01/01 0.03% 0
1997/01/01 0.09% 0
1998/01/01 0.04% 0
1999/01/01 0.00% 0
2000/01/01 0.01% 0
2001/01/01 -0.28% 0
2002/01/01 -0.56% 0
2003/01/01 -0.36% 0
2004/01/01 -0.03% 0
2005/01/01 0.13% 0
2006/01/01 0.14% 0
2007/01/01 0.02% 0
2008/01/01 -0.22% 0
2009/01/01 -1.06% 0
2010/01/01 -0.39% 0
2011/01/01 0.02% 0
2012/01/01 0.21% 0
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Note: Shaded areas denote recessions.

Source: Authors' analysis of U.S. Department of Labor Unemployment Insurance Chartbook, Table B11

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