The California Commission on Health and Safety and Workers‘ Compensation (CHSWC) has released a report, "Workers‘ Compensation and the California Economy," which gives an analysis of workers‘ comp costs in the face of efforts to increase benefits.
Despite fears that benefit increases would negatively affect the California economy, the commission concludes current resources would provide adequate compensation to workers who lose their ability to compete in the labor market following on-the-job injury.
In its report, the commission finds the California economy is robust and is projected to continue that way. Economic growth in California is expected to continue exceeding that of the nation, reflecting faster population growth and the state‘s favorable mix of high-tech industries.
