California officials passed up on the chance to collect more than $500 million in unemployment benefit overpayments because the technology they needed would have cost $323,000, according to a report by the state auditor.
The state’s Employment Development Department, which administers unemployment benefits, has been insolvent since 2009 and has borrowed billions from the federal government to pay benefits.
Recommended Stories
Print subscriber? Click here to login/register your account
Digital subscriber? Click here to login/register your account.