Posted inCalifornia, Unemployment/EDD, Vaccine

Inside CA’s little-known $21B debt

By Emily Hoeven Good morning, California. It’s Monday, March 29. Businesses to shoulder costs California’s unemployment insurance debt is mounting. Image via iStock California’s unemployment rate fell to a pandemic low of 8.5% in February, the Employment Development Department announced Friday — even as its jobless benefits fund sank deeper into the red, imperiling economic […]

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