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California’s unemployment insurance (UI) financing system is facing big deficits, requiring a full "redesign," according to a new report from the state’s nonpartisan Legislative Analyst’s ...
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 ...
For the second month in a row, California posted the highest unemployment figure in the country. And it was one of only two states with a jobless rate above 5%.
The act (Statutes 1935, chapter 352) was set up to provide "a (monetary) reserve to assist in protecting the public against the social effects of unemployment." The purpose of the department was to operate a statewide system of employment agencies and distribute the payment of unemployment insurance to eligible unemployed workers. [citation needed]
The following is a list of California unemployment statistics. Many of the counties with the lowest unemployment rates had relatively high levels of income. They were also located in Northern California, with two exceptions: Orange and San Luis Obispo counties. The counties with the highest unemployment rates were generally located in inland ...
In 2002, California enacted the Paid Family Leave (PFL) insurance program, also known as the Family Temporary Disability Insurance (FTDI) program, which extends unemployment disability compensation to cover individuals who take time off work to care for a seriously ill family member or bond with a new child.
California last year saw large numbers of workers go on strike, including a simultaneous work stoppage by the Writers Guild of America and the Screen Actors Guild that significantly impacted the ...
The California Employment Development Department offers a tool to help calculate benefit payment amounts. [ 8 ] Benefits are set at 70% of income for low income earners and 60% for middle and high income earners, however there is a maximum weekly benefit that is tied to the State Average Weekly Wage corresponding to the year of the claim.