The General Assembly finds that:
(1) With a recession or economic slowdown now underway, the state's unemployment trust fund faces higher claims levels and longer benefit durations that accompany any economic downturn;
(2) The Arkansas Unemployment Trust Fund: Provides partial wage replacement to workers who find themselves out of work;
(3) Provides economic stability for a community when major unemployment occurs; and
(4) Encourages workers to remain in the community and to be available for work recalls by employers;
(5) The state is in debt to the federal government for unemployment funds paid to citizens of the State of Arkansas; and
(6) The bonds should be payable from revenues raised by an unemployment obligation assessment.