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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 ...
An Assembly Appropriations Committee analysis of Portantino’s previous bill said the additional eligible workers would likely have drawn down the unemployment trust fund by an amount “in the ...
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 ...
It lowered the state’s unemployment rate to 5.2% from 5.3%, which was the highest in the nation. The added jobs accounted for 16.1% of the country’s gains while California has an 11% labor ...
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.
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.
The act (Statutes 1935, chapter 352) was set up to provide "a (monetary) reserve to assist in protecting the public against the social effects of unemployment." The purpose of the department was to operate a statewide system of employment agencies and distribute the payment of unemployment insurance to eligible unemployed workers. [citation needed]
California Assembly Bill 5 (2019) California State Legislature; Full name: An act to amend Section 3351 of, and to add Section 2750.3 to, the Labor Code, and to amend Sections 606.5 and 621 of the Unemployment Insurance Code, relating to employment, and making an appropriation therefor: Introduced: 2018-12-03: Assembly voted: 2019-09-11 (56 ...