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The unemployment insurance program is a benefit for workers who have lost their jobs. The maximum duration of benefits has increased from 26 to 99 weeks in some states. Unemployment extensions across the U.S. are typically not a concern due to stringent policies that state unemployment agencies have enacted in recent years.
Unemployment went down in May from 5.3% to 5.2% behind the addition of 43,700 jobs, the most in a month since October 2023. However, that statewide growth in June was not reflected in figures for ...
But this year, while the data initially showed California added 300,000 jobs between September 2022 and September 2023, the corrected numbers released earlier this month show the state added just ...
California has 11% of all jobs nationwide, but the state’s May gain accounted for 16.1% of the national job increase. Among the 11 sectors that make up California’s job market, eight saw ...
The counties with the highest unemployment rates were generally located in inland areas and had lower levels of income. Unemployment rate has reached 12.4 percent in 2010 which is highest recorded from 1976. Unemployment rates in California reached historic lows in 2000 and 2006.
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 $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
In a surprisingly strong economic report, California employers stepped up hiring in May and the state unemployment rate fell for the first time since 2022.
Public employment service, unemployment insurance and payroll tax agency: Headquarters: 722 Capitol Mall, Sacramento, California: Employees: approximately 10,000 [1] Annual budget: US$ 882 million (2018–2019) Parent agency: California Labor and Workforce Development Agency: Website: www.edd.ca.gov