May 19, 2016
But typically when people talk about the sharing economy or gig economy, they’re talking about platforms that allow people to rent out rooms in their homes, or use their cars to give people rides or deliver groceries. And for now, these are much less common. Only 15% of adults have used ride-hailing services, like those offered by Uber and Lyft. Only 6% have ever had their groceries delivered, and only 4% have hired someone online to perform errands and tasks. . . Three-quarters are not familiar with the term “sharing economy” and 89% are unfamiliar with the term “gig economy.”
May 18, 2016
The manager of the state's electric grid expects current power supplies to meet summer needs for keeping the lights and air conditioning running, except in Southern California, where power plants might lack the needed natural gas. . . Without Aliso Canyon, Berberich's agency and state regulators worry that high electric demand could require more natural gas for the power plants than Southern California Gas can supply.
May 17, 2016
All over the country, employers say they see a disturbing downside of tighter labor markets as they try to rebuild from the worst recession since the Depression: They are struggling to find workers who can pass a pre-employment drug test. . . But data suggest employers’ difficulties also reflect an increase in the use of drugs, especially marijuana — employers’ main gripe — and also heroin and other opioid drugs much in the news.
May 14, 2016
Despite lowered state revenue projections and Gov. Jerry Brown’s prediction that an economic recession could come any moment, state funding for K-12 and community colleges will rise nearly $3 billion for the fiscal year starting July 1, under the May revision of the 2016-17 state budget released on Friday.
May 14, 2016
The unemployment rate fell to 5.3 percent, down a tenth of a point from the month before, the Employment Development Department said. It was the lowest statewide unemployment rate since June 2007.