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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 ...
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.
Bernick was the EDD director in the early 2000s when, under Gov. Gray Davis, the state raised the maximum weekly unemployment benefits to $450 a week — but without increasing the taxes to cover ...
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 ...
Workers in most states have 26 weeks of paid unemployment benefits, but according to the Bureau of Labor Statistics, 21% of workers are now taking more than 27 weeks to find a new job, up 3% from ...
There is some brighter news. There were 17.99 million nonfarm jobs in the state last month, up 5,200 from March. But on an annual basis, total nonfarm jobs were up 1.2%, below the U.S. gain of 1.8%.
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California's unemployment rate is now the highest in the country, reaching 5.3% in February following new data that revealed job growth in the nation's most populous state was much lower last year ...