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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 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 ...
Unemployment insurance is funded by both federal and state payroll taxes. In most states, employers pay state and federal unemployment taxes if: (1) they paid wages to employees totaling $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
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]
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 ...
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.