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California's massive budget deficit, coupled with the state's relatively high level of joblessness, has become a major barrier to reducing the billions of dollars of debt it ha.....»»

A note from UBS economists suggests that schools shuttering and older people fearing a return to work are main causes for labor tightness. .....»»

There's "some truth" to claims unemployment benefits disincentivize work, Neel Kashkari said, but childcare needs and virus fears also hurt hiring. Minneapolis Federal Reserve President Neel Kashkari participates in the Yahoo Fi.....»»

Bolstered unemployment benefits, coronavirus fears, and home-schooling demands likely kept many unemployed Americans from seeking work, the bank said. Justin .....»»

More than $63 billion in unemployment benefits have been paid out improperly, through fraud or errors, since March 202.....»»

"The Sy.....»»

The Labor Department inspector general’s office estimates more than $63 billion in unemployment benefits was paid due to fraud or errors — roughly 10%.....»»

Simple tax forms being sent to people who never collected unemployment benefits are revealing their identity was likely stolen months ago, used to claim bogus benefits that have totaled billions.....»»

Simple tax forms being sent to people who never collected unemployment benefits are revealing their identity was likely stolen months ago, used to claim bogus benefits that have totaled billions.....»»

In addition to the confirmed fraud, the state has stopped tens of billions of doll.....»»

State lawmakers say they've been flooded with desperate cal.....»»

California and.....»»

The package includes $600 direct payments, $300 in additional federal unemployment benefits, and funds for the Paycheck .....»»

Faced with what officials describe as the largest fraud scheme against taxpayers in state history, the state Employment Development Department is scr.....»»

Some 3 million workers in California were notified that their last unemployment checks will go out Dec. 26......»»

The new total is nearly three times the $14.....»»

Rick Bowmer/ AP California became the first state to borrow federal cash to finance massive s.....»»

California First To Be Approved For Up To $10 Billion Bailou.....»»

California has become the first state to borrow money from the federal government so it can continue paying out rising claims for unemployment benefits during the coronavirus pandemic......»»

The comments have come largely from leaders in GOP-led Iowa and Oklahoma in recent days, reflecting their growing efforts to jump-start local economic recovery two months after most businesses shut their doors......»»