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It’s a repeat of his previous measure, which Newsom declined to sign because California’s unemployment insurance financing structure is in need of revisions and its trust fund owes more than ...
California lost a staggering 2.7 million jobs at the start of the coronavirus pandemic, losses brought on by Gov. Gavin Newsom's stay-at-home order, which forced many businesses to close.
Expanding eligibility could increase unemployment insurance debt and taxes on employers, Newsom said. “Now is not the time to increase costs or incur this sizable debt,” the governor wrote.
Gavin Christopher Newsom (/ n uː s ə m / NEW-səm; born October 10, 1967) is an American politician and businessman serving as the 40th governor of California since 2019. A member of the Democratic Party, he served from 2011 to 2019 as the 49th lieutenant governor of California and from 2004 to 2011 as the 42nd mayor of San Francisco.
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 ...
On Saturday night, the State of California dropped a damning report about how the state has dealt with -- some would say not dealt with -- the tidal wave of unemployment claims it has experienced ...
Months after Gov. Gavin Newsom vetoed the proposal, lawmakers in Sacramento are trying again to extend unemployment benefits to California workers who are on strike.
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