Posted inWhatMatters

California’s unemployment fiasco takes surprising turn: Bank of America wants out

Just how dysfunctional is California’s unemployment department? Apparently so dysfunctional that Bank of America, which since 2010 has had an exclusive contract with the state to deliver unemployment benefits through prepaid debit cards, wants to end the contract — even though the Employment Development Department just renewed it for another two years. The news, first […]

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