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In California, for instance, the state unemployment rate hit 5.3% in February, up 0.8% from a year ago and the highest in the nation. New Jersey's unemployment rate hit 4.8% in February, also up 0.8%.
The nation’s unemployment last month was 3.8% as the economy added a surprisingly high 303,000 jobs Why does California have the nation’s highest unemployment rate? Three sectors were hit hard
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 ...
The state’s unemployment rate for December was 5.5%, the second highest in the country behind Nevada, which was 5.7%. Los Angeles County’s jobless rate was 6% at the end of last year.
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 ...
The bill, introduced this week, would make California just the third state to do this, joining New York and New Jersey. Labor unions and progressive policy groups say businesses are to blame for
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 $1,500 or more in any quarter of a calendar year, or (2) they had at least one employee during any day of a week for 20 or more weeks in a calendar year, regardless of whether those weeks were consecutive.
Public employment service, unemployment insurance and payroll tax agency: Headquarters: 722 Capitol Mall, Sacramento, California: Employees: approximately 10,000 [1] Annual budget: US$ 882 million (2018–2019) Parent agency: California Labor and Workforce Development Agency: Website: www.edd.ca.gov