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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.
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.
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 Gov. Gavin Newsom discusses his proposed state budget for the 2024-2025 fiscal year, during a January news conference in Sacramento. (Rich Pedroncelli / Associated Press)
The state’s unemployment insurance debt, which ballooned as a result of the pandemic, is in dire straits with no clear path forward. Unemployment insurance: California’s ‘urgent’ $20 ...
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.
In rejecting the bill, Newsom noted that the state's unemployment trust fund is already nearing $20 billion in debt. The bill would have made workers out on strike for at least two weeks eligible ...
California Gov. Gavin Newsom (D) on Saturday vetoed a bill that would have allowed workers on strike to become eligible for Unemployment Insurance (UI) benefits. In his note to the California ...