Bouncing Back? New Unemployment Claims In California Down DrasticallyThe latest California new unemployment claim numbers are the first real sign the state’s economy is recovering. What is unknown is how many small businesses will bounce back.
EDD Fraud: Fresno Man, Central Valley Inmate Plead Guilty To $103K Unemployment Benefit SchemeTwo people, including an inmate at a prison in the Central Valley, have pled guilty in connection with a scheme defrauding the California Employment Development Department (EDD) out of $100,000 in COVID-19 unemployment benefits.
COVID Economy: New California Jobs Report Indicates State's Workers Still StrugglingWhile there are increasing signs of California's economy picking up steam as it emerges from pandemic-related stagnation, a new jobs report out Thursday shows that much of the state's economy is still sputtering.
Hopeful Signs As California Adds 141,000 Jobs In FebruaryCalifornia added 141,000 jobs in February as more than a quarter of a million people returned to the workforce, state officials announced Friday.
COVID Unemployment: California Lost Nearly 70,000 Jobs In January, But Recovery Likely ComingNumbers released Friday by the Employment Development Department show the nation's most populous state lost 69,900 jobs in January.
Lawmakers Unveil Reforms To California's Troubled EDD Unemployment Payment ProgramIn the wake of billions of dollars lost to fraud, a group of California lawmakers unveiled legislation Thursday designed to overhaul the state's troubled Employee Development Department (EDD) unemployment payment program.
California Lawmakers Grill Bank Of America Over Handling Of Massive EDD Bank Card FraudLawmakers are turning up the spotlight on the massive EDD and Bank of America problems relating to unemployment insurance benefits.
EDD Fraud: Millions May Have To Repay California Jobless Aid, State Auditor SaysCalifornia's unemployment agency might have overpaid millions of people since March after it stopped enforcing some eligibility rules so they could process claims faster, according to a new audit released Tuesday.
EDD Fraud: California Labor Secretary Says Criminal Rings Looted At Least $11B In Jobless FundsSophisticated hackers, identity thieves and overseas criminal rings stole over $11 billion in unemployment benefits from California last year, but the extent of the fraud might grow far larger.
Good Samaritans Rally To Help Bay Area Man After EDD Payments FrozenMore than a million unemployed Californians were asked to re-verify their identities by the state's Employment Development Department and saw payments suspended right before the new year.
California's Increasing Jobless Numbers Reflect Pandemic-Stricken Restaurant, Hotel WorkersCalifornia's unemployment rate edged up nearly 1 percentage point last month as the state shed more than 52,000 jobs led by the pandemic-hobbled restaurant and lodging industries.
EDD Benefits Thieves Now Targeting Victims' Bank Accounts; 'My Identity Is Being Hijacked'Imagine discovering one day that your bank account has been hijacked by an imposter who has stolen all your money. It's the latest twist in a hacking epidemic involving unemployment debit cards that KPIX 5 was first to expose last fall.
COVID Surge: California Unemployment Claims Spike Alongside Case RatesWith businesses being forced to shut down amid COVID shelter orders across the state, unemployment claims are at their highest level in months. The latest numbers show California jobless claims have risen to nearly 178,000.
COVID EDD: California Lawmakers Say State is Struggling with Unemployment Backlog, FraudA backlog of unemployment applications is piling up while a benefits scam could potentially cost California $2 billion, yet the state is failing to stop either, according to two state lawmakers.
Stimulus Package Update: Plan Should 'Give As Generous Aid To Local Governments As Possible,' Economist SaysThe proposed $908 billion coronavirus relief package is gaining traction in Congress. But will it be enough, and will it come in time?