Tag: Unemployment Insurance Taxes
Job Killer Raising UI Taxes Misses Key Deadline, Dies
A California Chamber of Commerce job killer bill that would have hiked unemployment insurance (UI) taxes failed to meet a key deadline last week...
CalChamber Releases Initial 2024 Job Killer List
The California Chamber of Commerce has released its initial 2024 job killer list which, to date, includes nine bills dealing with labor and employment,...
Unemployment Insurance Tax Rates Up in 2024
For California’s employers, the new year brings new unemployment insurance (UI) tax increases.
Governor Gavin Newsom’s annual budget proposal, released January 10, foresees belt tightening...
CalChamber Tags UI Bill SB 799 as a Job Killer
The California Chamber of Commerce has tagged SB 799 (Portantino; D-Burbank) as a job killer, citing the proposal’s requirement for employers to subsidize striking...
Study Shows Employers Paying Price for Strain on Unemployment Insurance System
California’s vast unemployment insurance system has been under enormous strain since 2020, and employers are paying the price.
A study in consultation with two eminent...
Record Budget Surplus Calls for Tripling Down on UI Fund Offset
Californians have traveled a bumpy road to post-pandemic recovery, with healthy employment and wage growth on the one hand, but soaring inflation and cost-of-living...
Coalition Urges Legislature to Adopt $3B UI Debt Payment Budget Proposal
The California Chamber of Commerce and a broad-based coalition of employer organizations are strongly supporting Governor Gavin Newsom’s budget proposal to help reduce the...
State Leaders Should Use Budget Surplus to Restore Tax Incentives, Repay UI Debt
Only 18 months ago, expecting a massive pandemic-induced collapse of economic activity, California finance officials predicted a staggering $54 billion state budget deficit. The...
Unemployment Fund Insolvency Will Lead to Payroll Tax Increases
With the legislative frenzy complete for the year, Sacramento’s policymakers are turning their eyes toward next year’s budget and their next round of legislative...
Legislative Action Can Avert Tax Hike on State Employers
Like the rest of California society, employers are cautiously hopeful the worst of the pandemic has passed. The wreckage of human life, family health,...
