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

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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

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