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FUTA Credit Reduction States: Outlook for 2012

Product Code - PYAU01
Speaker(s): Doug Holmes, President of UWC - Strategic Services on Unemployment & Workers' Compensation
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Employers are beginning to feel the direct impact of the insolvency of state unemployment trust funds as increases in the Federal Unemployment Tax are automatically triggered. Learn the details of the triggering of the increases in FUTA taxes, what states have and have not done to avoid the increases, the states that are at particular risk for further significant increases, and the advent of the use of bonds in a growing number of states to refinance outstanding UI related debt.

Douglas J. Holmes, president of UWC - Strategic Services on Unemployment & Workers' Compensation, and Gay Gilbert, Administrator of the Office of Unemployment Insurance overseeing the nation's federal-state Unemployment Insurance program, will discuss the following areas:

  • The availability of relief from increases through state action
  • The relationship between state unemployment insurance trust fund solvency and FUTA
  • States that are currently borrowing to pay state unemployment compensation
  • The use of bonds in Texas, Idaho, Illinois, Michigan and Colorado to repay outstanding UI related debts
  • The impact of repayment of outstanding loans on FUTA taxes and the overall bottom line costs to employers

Joining Mr. Holmes in the webinar is Howard Perlman, an editor for Bloomberg BNA, covering unemployment insurance, workers' compensation, and temporary disability insurance.

Register quickly and easily online  to secure your space now. Or, please call 1-800-372-1033 option 6, then sub-menu option 1, and refer to date and title of conference. Lines are open Monday through Friday from 8:30 a.m. to 7:00 p.m. ET, excluding most federal holidays.

Don't miss this opportunity to hear a lively, dynamic presentation. Not only are Webinars an excellent way for you to stay current; with Bloomberg BNA you also get:

  • Quality. Count on it. Nothing is canned.
  • Objectivity. Bloomberg BNA provides you with the best and most objective information. Unlike other companies, we don't use our Webinars as a forum to sell outside solutions.
  • Affordability. Bloomberg BNA Webinars are inexpensive compared to the cost of travel to attend a conference. Plus, you may use a speakerphone and invite as many of your colleagues as you want to listen in-all for the price of a single registration.
  • Convenience. No airlines. No travel. No time out of the office.

In addition, you'll receive:

  • Personal attention. Once you've registered, send your questions in advance to and they'll be included in the program. You'll also have a chance to ask your questions during the Webinar.
  • Follow-up materials. You need no materials upfront to follow along to our live conference. But Bloomberg BNA always issues a follow up e-mail with contact information for our speakers, as well as other materials related to the topic.
  • 1.0 CPE or APA RCH credits by attending this Webinar. Find out how.


Bloomberg BNA is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors.  State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

Prerequisite: No prerequisites required

Delivery Method: Group-Internet

Advanced Preparation: None required
Recommended CPE Credit:

Recordings of the program do not qualify for CPE credits. For more information regarding administrative policies such as complaint and refund, please contact our offices at 800-372-1033.

Doug Holmes, President of UWC - Strategic Services on Unemployment & Workers' Compensation

Douglas J. Holmes began as President of UWC in November, 2006. In his position as President of UWC, Doug serves as the primary UI legislative and policy resource for business, counting as members an array of national and state business trade associations, Fortune 500 companies and third party administrators. He also serves as President of the National Foundation for Unemployment Compensation & Workers' Compensation, which produces regular comparisons of state UI law and hosts the annual national unemployment insurance issues conference.


Doug joined UWC after more than 22 years in positions in the public sector in which he developed policy and administered the federal/state unemployment insurance system.

During his tenure in state government, Mr. Holmes served as Deputy Administrator of the Ohio Bureau of Employment Services, Deputy Director of the Ohio Department of Job and Family Services, Ohio Unemployment Insurance Director, Chief Counsel for Unemployment Insurance, and Secretary of the Ohio Unemployment Compensation Advisory Council appointed by the Governor. 


In addition to his work in Ohio, Mr. Holmes served as Chairman of the UI/ES Reform Workgroup for the National Governors' Association, coordinator of the Coalition for Employment Security Financing Reform, and a member of the US Department of Labor UI Reform Workgroup. He has been a frequent speaker on the topic of the unemployment insurance system before Congress, state legislatures, state and national business organizations, state agencies, and labor organizations.


UWC has served as the coordinator of a broad based UI business coalition seeking relief from federal unemployment taxes and advocating for improved integrity of the UI system.


Mr. Holmes is an Attorney, and graduate of the Ohio State University and the University of Toledo College of Law.

Gay Gilbert

Gay Gilbert joined the U.S. Department of Labor, Employment and Training Administration (ETA) in November 2000 and currently serves as the Administrator of the Office of Unemployment Insurance overseeing the nation's federal-state Unemployment Insurance program. 

Previously, Gay also served as ETA's Administrator for the Office of Workforce Investment providing federal oversight of America's workforce investment system.

Prior to joining the U.S Department of Labor, Gay was a senior official for the State of Ohio overseeing workforce programs and unemployment insurance for ten years.

Gay also served as Assistant City Attorney for the City of Columbus, Ohio, and eight years with the West Virginia Department of Human Services.

She has the following degrees:

  • Bachelor of Arts, Michigan State University
  • Master of Social Work, West Virginia University
  • Juris Doctor, Ohio State University