California’s Unemployment Insurance System is Unable to Withstand an Economic Downturn

According to the state’s Unemployment Insurance Fund Forecast (released in May 2016), “The current financing structure leaves the Unemployment Insurance Fund unable to self-correct and achieve a positive fund balance sufficient to withstand an economic downturn.”

Click Here to Read Why: http://www.fresnobee.com/news/politics-government/article90597397.html