Cash register workers and their customers in area in a South San Francisco store. (Photo: Sundry Photography, via Shutterstock)
The California Employment Development Department recently issued its monthly employment report showing unemployment held steady at 8.3 percent in April as the state’s employers added 101,800 jobs. EDD also trumpeted that California regained almost 48 percent of the 2,714,800 total nonfarm jobs lost in March and April 2020, due to the COVID-19 pandemic.
UC Berkeley students at Sather Gate. (Photo: Rightdx, via Shutterstock)
Our audit of the University of California Office of the President’s budget and staffing processes revealed the following: The Office of the President did not disclose to the University of California Board of Regents, the Legislature, and the public $175 million in budget reserve funds. It spent significantly less than it budgeted for and asked for increases based on its previous years’ over‑estimated budgets rather than its actual expenditures.