NEWS: Why California Employers Are Still Paying for Recession-Era Jobless Benefits

The San Francisco Chronicle reports that employers in California are paying an increased amount of taxes every year as a consequence of the state’s unemployment insurance fund going into debt in 2009, resulting in the federal government lending the state as much as $10.2 billion.  However, this problem has been exacerbated by the state’s decision in 2001 to increase unemployment benefits without making any changes to taxes, eligibility requirements, or efficiency.

Click here to read the article.