Texas Careers News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Texas careers. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Texas Careers Today - Breaking & Trending Today
Proffer: So you mentioned the debt from places like California, how we re much better off regarding Title XII advances. What has made it that way? Is it that we have fewer layoffs or is it that we had more money in the bank to begin with? Serna: A couple of things, I think, in my opinion, made it that way. One, our businesses paid taxes back in the summer, almost $1 billion in taxes, even though they were already dealing with COVID. Two, while we have had a high unemployment rate, we still have a lot of folks that are working. So our numbers of the individuals that we re having to pay are not as great. Then, you probably heard complaints about us, but we re a very conservative state and agency. So we scrutinize the request for payment very diligently. And then third, our unemployment insurance payments are not 100% reimbursement of your lost wages. We re at about 40%. So the amount that we pay out, while it does help someone get by, doesn t replace their wages. So the amount ....