But the fund from which California makes those payments is on the brink of insolvency. The state's unemployment insurance fund is expected to have a deficit of $2.4 billion at the end of 2009, forcing it to borrow from the federal ...
Nevada has capped enrollment in its state children’s health insurance program (SCHIP). California, looking at a potential budget hole of more than $28 billion, is also considering freezing enrollment in its children’s program — for the ...
In September, the state's unemployment rate was 7.7 percent, and in October 2007, the unemployment rate was 5.7 percent. The unemployment rate is derived from a federal survey1 of 5500 California households. Nonfarm jobs in California ...
The state's unemployment insurance fund that provides payments will reach deficit of $2.4 billion at the end of 2009, forcing the fund to borrow from the federal government. Schwarzenegger called lawmakers into a special session to ...
One way to do that would be to help states replenish their own unemployment insurance accounts, which are being exhausted at a rate that is causing states such as California and Ohio to consider raising the taxes they levy on employers. ...
“I also want to reiterate the need to shore up our state’s Unemployment Insurance Fund. We’ve known for years that changes must be made to the Fund to keep it solvent, and it is unfortunate that now, when we need it most, ...
California’s workers got the latest in a string of bad news with last week’s release of the state’s newest unemployment figures. Between September and October, California’s unemployment rate jumped from 7.7% to 8.2% - its highest rate ...
Difference then vs. now: no unemployment insurance, no deposit insurance, no old age pensions--state level and some private stuff, but tapped out by 1931 or 1932. Agricultural difficulties of the 1920s also used up some of these ...
California Insurance Commissioner Steve Poizner has allowed two of California’s largest home insurers –State Farm and Farmers – to increase premiums by a combined $115 million. State Farm customers will soon face an average 6.9% hike ...