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March 2016
  • 5.6%
    CA Unemployment
  • -0.1%
    One Month Change
  • -1.1%
    Year Over Year
  • 5.1%
    US Unemployment

April 20, 2016
The state’s contribution will increase by an estimated $602 million, to $5.4 billion a year. School districts will be charged an additional $342 million, to a total of nearly $1.7 billion a year. While teachers are covered by CalSTRS, other school employees get their pensions from CalPERS.
April 20, 2016
Which brings us to Klaus’ major dilemma, which mirrors that of many business owners. The majority of his workers aren’t paid minimum wage. Many have put in years on the job and have specialized skills and training. But if Klaus’ entry-level workers get raises, he’s convinced it’d only be fair to give those who now make just over the eventual minimum wage salary increases, too. . . So he’s estimated resulting wage hikes at the agency’s 31 group homes alone will cost $2.1 million annually.
April 20, 2016
After years of net losses, moving production out of Los Angeles is necessary for the survival of American Apparel, industry experts said. The company initially considered staying in California and moving to the city of Vernon, according to a person familiar with the discussions who was not authorized to speak publicly. After the state raised the minimum wage, executives began looking at manufacturers in the South, the person said.
April 18, 2016
By 2015, the Workers’ Compensation Insurance Rating Bureau says in a new report, employers’ average insurance premiums, which had topped $6 per $100 of payroll in 2003, had dropped to $2.86.
April 15, 2016
While precipitation has been roughly four times heavier than a year ago, the Delta pumps have produced just a 35 percent increase in water shipments. For every gallon that’s been pumped to south-of-Delta water agencies since Jan. 1, 3 1/2 gallons have been allowed to flow out to sea. Pumping activity has decreased considerably the past three weeks, to the rising irritation of south state contractors.



April 22, 2016 / Allen Young

April 21, 2016 / JOEL KOTKIN and WENDELL COX