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California faces an unemployment insurance disaster. Newsom has no easy way out | Opinion
Sacramento Bee via Yahoo News· 1 month agoWhen California published its fiscal year 2022 audited financial statements nearly a year late this...
California in a jam after borrowing billions to pay unemployment benefits
LA Times via Yahoo Finance· 3 weeks agoCalifornia's massive budget deficit, coupled with the state's relatively high level of joblessness,...
Unemployment insurance: California’s ‘urgent’ $20 billion problem
The Desert Sun via Yahoo News· 6 months agoCalifornia’s unemployment insurance fund is $20 billion in debt, putting the state in a terrible...
California’s unemployment insurance system is so poorly funded it pays 2004 wages
The Desert Sun via Yahoo News· 6 months agoThere are plenty of examples California can emulate to fix its unemployment insurance system. The...
California Gov. Gavin Newsom vetoes bill that would give striking workers unemployment pay
USA TODAY via Yahoo News· 7 months agoCalifornia Gov. Gavin Newsom vetoed a bill on Saturday that would have granted workers on-strike...
California overpaid as much as $55B in unemployment claims. Will it ever get the money back?
Sacramento Bee via Yahoo News· 3 weeks agoThe state’s unemployment agency potentially overpaid an estimated $55 billion in recent years to...
California labor tries again to get unemployment pay for striking workers. Can state afford it?
Sacramento Bee via Yahoo News· 2 weeks agoCalifornia labor unions are once again fighting to secure unemployment pay for striking workers...
California may pay unemployment to striking workers. But the fund to cover it is already insolvent
Associated Press via Yahoo News· 9 months agoSouthern California's summer of discontent — marked by a series of work stoppages from hotels to...
COVID unemployment surge led to $5.2 billion in overpaid benefits in Illinois – including fraud
The State Journal-Register via Yahoo News· 9 months agoSPRINGFIELD – Illinois overpaid unemployment benefits to the tune of $5.2 billion during the first...
Bank of America has been fined $225 million for 'botching' unemployment benefit payments during the...
Business Insider via Yahoo Finance· 2 years agoBank of AmericaJustin Sullivan/ Getty Images Bank of America has been fined $225 million for...