Randy Francisco, Kaua‘i Chamber of Commerce president, said Thursday the unemployment insurance bill signed into law by Gov. Linda Lingle will still burden local businesses. “It’s not a perfect deal. We realize that it’s still a lot,” he said. “Yet,
Randy Francisco, Kaua‘i Chamber of Commerce president, said Thursday the unemployment insurance bill signed into law by Gov. Linda Lingle will still burden local businesses.
“It’s not a perfect deal. We realize that it’s still a lot,” he said.
“Yet, we’re aware that the goal here is to also keep the UI (state Unemployment Insurance) fund replenished to provide the benefits to the unemployed. The importance of this is it will help our struggling businesses to stay in business,” said Francisco, who spent several days lobbying against the legislation at the state Legislature.
“It’s key for us and will keep people employed. As the business environment improves, they will begin to hire more people,” he said.
“As we work our way out of this recession, this will hopefully bring a little positivity to our business climate,” he said.
“At the end of the day, both employers and employees are all in this together with the government because businesses need the employees to provide the goods and services and everyone at some point is contributing in the form of taxes to the government.”
