Record $23B Paid In Calif. Jobless Benefits In 2010

LOS ANGELES (CBS) — California paid out $23 billion in unemployment benefits in 2010 a new record for the financially-battered state.

And as KNX 1070’s John Brooks reports, with 13 percent unemployment in Los Angeles County, there doesn’t seem to be any relief in sight.

Last year, about $90 million a day was sent out in checks to 1.7 million jobless Californians.

Unemployment benefits are financed by a state and federal tax on employers, but
the rate is not high enough to cover the record payouts, as California’s unemployment trust fund is about $10 billion in debt.

(©2010 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)

Comments

One Comment

  1. johnt says:

    How about taking a survey of South LA and see how many people are driving $60K Cadillac Escalades with 30 inch rims yet are still collecting SSI, Unemployment and GR. Society is broken and they all laugh at our system that you and I pay for. There are people that have kids just so they can collect more money, yet, those very kids walk unattended and barefoot in dirty diapers. Oh let me guess? They are disadvantaged and are in a “protected” class.

  2. jackie says:

    My sister-in-law has been collecting unemployment since 2009 and IS NOT looking for work! She sits on her very large behind and plays farmville and looks up relatives on Facebook! I’m sure there are a lot more like her on the golden state’s unemployment charity wagon!

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