With the debt limit debate raging in Washington, D.C., some experts are projecting significant impacts on regional economies if no deal is reached before the June 1 deadline, with more workers in California expected to lose their job than in any other state if the breach is prolonged, according to a recently released report from…
Debt Limit Default Could Cost California More Than 840,000 Jobs: Analysts
SoCal Unemployment Rates Dip in July
The unemployment rates in Southern California dropped in July, according to the latest figures released by the state Employment Development Department (EDD). California in general has regained over 97 percent of the nearly 3 million nonfarm jobs lost during the COVID-19 pandemic in 2020, according to the EDD. Statewide, the seasonally adjusted unemployment rate was…
Southern California Unemployment Rates Dip in July
The unemployment rates in Southern California dropped in July, according to the latest figures released by the state Employment Development Department (EDD). California in general has regained over 97 percent of the nearly 3 million nonfarm jobs lost during the COVID-19 pandemic in 2020, according to the EDD. Statewide, the seasonally adjusted unemployment rate was…
Why California’s $20 Billion EDD Fraud Becomes a Tax on Businesses | Patricia Bates
In the midst of the pandemic. Many struggled with unemployment and loss of business in California, people applied for unemployment benefits, but at least $20 billion was given away to people committing fraud. You might wonder who will be paying back this money? My guest today is Patricia Bates, a member of the California State…
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