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Economy and Taxes (2)
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Results in Economy and Taxes from the past 5 years


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Fixing Unemployment Insurance

Dec 2, 2024 - During the phase ‑in period, the state also entered the dot ‑com recession. These two cost pressures absorbed the remaining flexibility in the state ’s UI tax system. As  shown in Figure  4 , the state began this period in Schedule C but quickly moved to Schedule F+, the highest tax schedule, where it has remained since.
https://lao.ca.gov/Publications/Report/4943

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - EDD is routing more claims to manual processing than it has capacity to process. EDD ’s anti ‑fraud measures delay payments to all claimants and do not prevent fraud. EDD ’s cultural focus on fighting fraud interferes with the delivery of benefits to legitimate claimants.
https://lao.ca.gov/Publications/Report/4615