Unemployment Insurance – California Globe

Can California’s Broken Unemployment Insurance System Be Saved?

December 4, 2024 2:55 amDecember 4, 2024 7:26 am

“The State’s Unemployment Insurance (UI) Financing System Is Broken. The state’s UI program is supposed to be self-sufficient—that is, the system should collect enough funds to pay for benefits over time.” That is the opening paragraph of the Legislative Analyst’s...

Gov. Newsom Brags on His ‘Economic Blueprint’ While CA Businesses Get Hit with Higher Payroll Taxes

November 22, 2024 9:04 amNovember 22, 2024 9:26 am

California Governor Gavin Newsom is on a listening tour of the state’s red counties, where he does all of the talking and gaslighting, and the people who voted for Trump have to listen. Newsom said Thursday: More jobs. More businesses....

Extended Duration Benefits under the Unemployment Insurance Code

October 19, 2024 2:30 amOctober 19, 2024 2:31 am

In the California Unemployment Insurance Code, Division 1, Part 3, Chapter 2, Article, it deals with eligibility and disqualifications for extended duration unemployment benefits. Section 3551 specifies that extended duration benefits are payable from the Unemployment Fund to unemployed individuals...

Voluntary Plans under California’s Unemployment Insurance Code

October 14, 2024 2:30 amOctober 14, 2024 12:43 pm

California’s Unemployment Insurance Code, in Division 1, Part 2, Chapter 6, provides for voluntary plans. Section 3251 authorizes an employer, a majority of the employees employed in this state of an employer, or both, to apply to the Director of...

Another $170 Million – EDD Faces Fed Debt Interest Hike

February 29, 2024 2:25 pmFebruary 29, 2024 2:25 pm

On January 1, the interest rate the federal government is charging the state on its more than $20 billion unemployment insurance trust fund debt rose from 1.68% to 2.61%. At first blush, that doesn’t look like too much and the...

It’s Recall Déjà Vu All Over Again for California Gov. Gavin Newsom

February 26, 2024 9:59 amFebruary 26, 2024 11:17 am

Ouch. Just as he’s doing national interviews insisting that he’s not running for President, California Governor Gavin Newsom is getting hit with another recall election. I think this proves that the First Cut Is not necessarily the Deepest. “The new...

Union Strikes on the Backs of California Taxpayers

September 14, 2023 3:24 pmSeptember 14, 2023 3:24 pm

If unions are not covering their members on strike, then maybe Californians need to ask themselves, “where is that money going?” Union work, the long protected method of employment from the “evil corporate empires.” Depending on your experience, you may...