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California unemployment agency passed up $500 million over tech fix, state auditor says

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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...

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