Authentic Nouveau
Well-known member
Now what 20% have NO income. On paper this is called fair.
How is 4 guys getting 20 dollars and hour having their hours cut and one guy gets unemployed.
While the state seeks loan forgiveness from the Acting United States Secretary of Labor, who was California’s Secretary of Labor during the COVID-19 era and oversaw the state’s fraudulent payments — including nearly $1 billion to felons in prison filling out fraudulent paperwork — California Democrats have proposed quintupling unemployment insurance taxes and nearly doubling unemployment benefits.
In 2020 California borrowed $17.8 billion to continue payments from its unemployment insurance fund, a number that is projected to reach $20.8 billion by the end of 2024 due to insufficient payments. With unemployment projected to grow from 804,000 Californians in 2022 to 930,000 Californians by 2025, benefits payments are projected to grow —
I was taught in my first econ class that raising min wage always caused workers to lose jobs.
This case is so severe businesses are closing.
If it is bad enough, Biden will want to expand the damage to the other 57 Obama states.
How is 4 guys getting 20 dollars and hour having their hours cut and one guy gets unemployed.
California unemployment fund ‘insolvent’ due to $55B fraud, businesses to pay
While the state seeks loan forgiveness from the Acting United States Secretary of Labor, who was California’s Secretary of Labor during the COVID-19 era and oversaw the state’s fraudulent payments — including nearly $1 billion to felons in prison filling out fraudulent paperwork — California Democrats have proposed quintupling unemployment insurance taxes and nearly doubling unemployment benefits.
In 2020 California borrowed $17.8 billion to continue payments from its unemployment insurance fund, a number that is projected to reach $20.8 billion by the end of 2024 due to insufficient payments. With unemployment projected to grow from 804,000 Californians in 2022 to 930,000 Californians by 2025, benefits payments are projected to grow —
I was taught in my first econ class that raising min wage always caused workers to lose jobs.
This case is so severe businesses are closing.
If it is bad enough, Biden will want to expand the damage to the other 57 Obama states.