Repaying the State’s Federal Unemployment Insurance Loan

May 26, 2021 - Employers pay both state and federal UI payroll taxes. State UI tax revenues are deposited into the state ’s UI trust fund to pay benefits to unemployed workers. State UI tax rates are set based on rate schedules laid out in state law.
https://lao.ca.gov/Publications/Report/4442

The 2021-22 May Revision: Golden State Stimulus 2

May 18, 2021 - In recognition of this, the state included payments for undocumented workers in the Golden State Stimulus program discussed below. State Issued First Round of Stimulus Checks Earlier This Year. As part of the early action budget agreement, Chapter  8 of 2021 (SB  88, Committee on Budget and Fiscal Review), the state enacted its own stimulus payment program.
https://lao.ca.gov/Publications/Report/4435

The 2021-22 Budget: Interest Payment on Federal Unemployment Insurance Loan

Feb 10, 2021 - Employers pay both state and federal UI payroll taxes. State UI tax revenues are deposited into the state ’s UI trust fund to pay benefits to unemployed workers. State UI tax rates are set based on rate schedules laid out in state law.
https://lao.ca.gov/Publications/Report/4360

The 2021-22 Budget: Creating a New Department of Better Jobs and Higher Wages

Feb 10, 2021 - Currently, these entities all reside within the state ’s Labor and Workforce Development Agency, which integrates policy to align the state ’s workforce programs. Proposal Governor Proposes to Create New Department Using Statutory Process.
https://lao.ca.gov/Publications/Report/4361

The 2021-22 Budget: Interest Payment on Federal Unemployment Insurance Loan [Publication Details]

Feb 10, 2021 - In addition, we recommend the Legislature take advantage of a provision of federal law that allows states to defer 75 percent of their UI loan interest payments during economic downturns. If the state chooses to partially defer its interest payment, we estimate the 2021-22 UI loan interest payment would total roughly $65 million.
https://lao.ca.gov/Publications/Detail/4360

The 2021-22 May Revision: Golden State Stimulus 2 [Publication Details]

May 18, 2021 - The 2021-22 May Revision: Golden State Stimulus 2 [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4435

Legislative Oversight of Ongoing Challenges at EDD [Publication Details]

Jan 26, 2021 - Assembly Budget Subcommittee No. 4 on State Administration
https://lao.ca.gov/Publications/Detail/4319

The 2021-22 Budget: Creating a New Department of Better Jobs and Higher Wages [Publication Details]

Feb 10, 2021 - Furthermore, reorganizing a portion of the Employment Development Department during the pandemic poses potentially serious risks to the state's efforts to eliminate the growing backlog of unemployment insurance claims that have not been distributed to workers.
https://lao.ca.gov/Publications/Detail/4361

Repaying the State’s Federal Unemployment Insurance Loan [Publication Details]

May 26, 2021 - In this post, we (1) provide an overview of the state’s UI system financing, (2) highlight how the pandemic affected the UI system, (3) look ahead to upcoming costs to employers and the state to repay the federal UI loan, and (4) assess the Governor’s proposed $1.1 billion pre-payment.
https://lao.ca.gov/Publications/Detail/4442

The 2020-21 Spending Plan: Labor and Employment Issues

Oct 5, 2020 - The state ’s Labor and Workforce Development Agency (LWDA) oversees these entities and works to set policy and coordinate programs. Major Labor and Employment Issues One-Time Transfer of Labor Law Penalties to General Fund.
https://lao.ca.gov/Publications/Report/4274