July 28, 2013 |
SACRAMENTO - In the closing days of the Legislature last year, Gov. Jerry Brown helped forge a compromise on a sweeping overhaul of the workers' compensation insurance system and persuaded Democratic and Republican lawmakers to pass it into law. Now he is taking on another big challenge: He wants to fix the state's financially ailing unemployment insurance program, which pays jobless Californians up to $450 a week. With one of the nation's highest unemployment rates for several years, the state has had to borrow money from the feds to keep the program going.
April 19, 2013 |
SACRAMENTO - A rescue effort is underway for the state's financially troubled unemployment insurance program, an economic lifeline that currently provides weekly monetary support for 525,000 jobless Californians. More than $10 billion in the red, the unemployment insurance fund has been spiraling toward bankruptcy in recent years, even as it continues to provide weekly jobless benefits of as much as $450 for job seekers. Video chat: Sequester to hit jobless benefits Unemployment, as it's best known, is a primary element of the state's economic safety net. Funded by employer taxes, it's been providing jobless benefits since 1935.
April 18, 2013 |
SACRAMENTO -- Much-dreaded automatic federal budget cuts are about to be felt by more than 400,000 long-term unemployed in California. The California Employment Development Department, which administers both state and federal unemployment insurance programs, will be cutting the federal portion by approximately 17.7% beginning April 28. LIVE VIDEO CHAT: Join us at 2 p.m. That represents a tiny share of the $85-billion reduction in...
January 10, 2013 |
WASHINGTON -- New jobless claims increased slightly again last week, though remained consistent with moderate job growth in another indication of the slow recovery in the labor market. The number of people filing for first-time unemployment benefits in the week ending Saturday rose to 371,000 from a revised 367,000 the previous week, the Labor Department said Thursday. It was the fourth straight weekly increase. The rise surprised analysts, who had expected jobless claims to drop to about 365,000.
December 17, 2012 |
Some former temporary workers from Amazon's warehouses in Pennsylvania are having a hard time, the Lehigh Valley's newspaper the Morning Call reports . Those who have filed for unemployment benefits -- sums of $100 to $200 per week -- often find their claims challenged. If approved, they are often challenged again. These workers, with few resources, face delays in receiving unemployment compensation. Those who aren't capable of navigating the official steps required to fight the challenges may never receive unemployment.
November 15, 2012 |
WASHINGTON -- Initial jobless claims surged last week to a their highest level in more than a year and a half, probably in part because of the effects of Superstorm Sandy. The number of new people filing for unemployment benefits jumped to 439,000 in the week ending Saturday, up from the previous week's revised figure of 361,000, the Labor Department said Thursday. It was the first time in more than a year that the number of initial claims topped 400,000, and marked the highest level since April 2011.