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The state’s unemployment agency potentially overpaid an estimated $55 billion in recent years to people who may not have been eligible for jobless benefits, a California state audit has found.
Currently California employers pay a federal unemployment insurance tax of 1.2% on the first $7,000 of wages per employee, but that will rise incrementally every year so long as California is in ...
California employers, overall, added on net 6,800 new jobs in August. That was well below the state's monthly average of 17,750 this year and its population-based share of the nationwide August ...
It’s a repeat of his previous measure, which Newsom declined to sign because California’s unemployment insurance financing structure is in need of revisions and its trust fund owes more than ...
The state’s unemployment insurance debt, which ballooned as a result of the pandemic, is in dire straits with no clear path forward. Unemployment insurance: California’s ‘urgent’ $20 ...
The state’s unemployment rate for December was 5.5%, the second-highest in the country, behind Nevada, which was 5.7%. Los Angeles County’s jobless rate was 6% at the end of last year.
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