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  2. Feds hit Bank of America with $225M in penalties for ‘unfair ...

    www.aol.com/news/feds-hit-bank-america-125...

    Bank of America has been slapped with $225 million in penalties by federal authorities for “unfair and deceptive practices” related to customers’ unemployment benefits programs.

  3. California in a jam after borrowing billions to pay ... - AOL

    www.aol.com/news/california-jam-borrowing...

    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 ...

  4. Employment Development Department - Wikipedia

    en.wikipedia.org/wiki/Employment_Development...

    Public employment service, unemployment insurance and payroll tax agency: Headquarters: 722 Capitol Mall, Sacramento, California: Employees: approximately 10,000 [1] Annual budget: US$ 882 million (2018–2019) Parent agency: California Labor and Workforce Development Agency: Website: www.edd.ca.gov

  5. US weekly jobless claims fall; second-quarter GDP ... - AOL

    www.aol.com/news/us-weekly-jobless-claims-fall...

    Initial claims for state unemployment benefits fell 2,000 to a seasonally adjusted 231,000 for the week ended Aug. 24. Economists polled by Reuters had forecast 232,000 claims for the latest week.

  6. California Labor and Workforce Development Agency - Wikipedia

    en.wikipedia.org/wiki/California_Labor_and...

    The California Labor and Workforce Development Agency (LWDA) is a cabinet-level agency of the government of California.The agency coordinates workforce programs by overseeing seven major departments dealing with benefit administration, enforcement of California labor laws, appellate functions related to employee benefits, workforce development, tax collection, economic development activities.

  7. US labor market fairly tight, broader economy losing steam - AOL

    www.aol.com/news/us-weekly-jobless-claims-fall...

    Initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 222,000 for the week ended May 11, the Labor Department said. Economists polled by Reuters had forecast ...

  8. It’s official. California still has the highest unemployment ...

    www.aol.com/official-california-still-highest...

    California’s unemployment remains the highest state rate in the nation. New data from the state’s Employment Development Department put the April rate at 5.3% for the third consecutive month ...

  9. California overpaid as much as $55B in unemployment claims ...

    www.aol.com/california-overpaid-much-55b...

    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.