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The Employment Development Department is unveiling a newly updated and simplified unemployment benefit application that makes it easier to file. California's new application for unemployment ...
Another 5.2 million workers filed for their first week of unemployment benefits in the week ending April 11, bringing the total who have sought compensation as COVID-19 pandemic devastates the ...
Filing for unemployment doesn’t directly affect your credit score, but the financial adjustments that often come with job loss can have an indirect impact. Missed payments, high credit ...
EDD is one of California's three major taxation agencies, alongside California Department of Tax and Fee Administration and the Franchise Tax Board. In addition to collecting unemployment insurance taxes, the department administers the reporting, collection, and enforcement of the state's personal income taxes. [2]
Initial jobless claims measure emerging unemployment, and it is released after one week, but continued claims data measure the number of persons claiming unemployment benefits, and it is released one week later than the initial claims, that's the reason initial have a higher impact in the financial markets.
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.
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The California Unemployment Insurance Appeals Board is a quasi-judicial administrative court in the U.S. state of California which hears appeals from determinations on unemployment insurance claims and taxes by the Employment Development Department.