Unemployment insurance: work sharing plans.

Existing law provides for the payment of unemployment compensation benefits to eligible persons who are unemployed through no fault of their own. Existing law deems an employee unemployed in any week if the employee works less than their usual weekly hours of work for the employee's regular employer as the result of the employer's participation in a work sharing plan that meets specified requirements and has been approved by the Director of Employment Development, pursuant to which the employer, in lieu of layoff, reduces employment and stabilizes the workforce. Existing law requires an employer who wishes to participate in the work sharing program to submit to the director a signed,…