The economists’ preferred model shows that past minimum wage increases in California have caused a measurable decrease in employment among affected employees. Specifically, they find that a 10% increase in the minimum wage would cause a nearly five-percent reduction in employment in an industry where one-half of workers earn wages close to the minimum. In an industry with an average share of lower-wage workers, their findings imply that each 10% increase in California’s minimum wage has reduced employment for affected employees by two percent.
In July 2017, the Legislature passed AB 398, extending the state’s cap‑and‑trade program through 2030. The program is one of the state’s key strategies intended to ensure GHG emissions are 40 percent below 1990 levels by 2030. Cap‑and‑trade is a complex program that requires many different design decisions that could affect both emissions and costs to businesses and households. In this report, we identify key CARB implementation decisions and major trade‑offs associated with those decisions. We also identify potential opportunities to improve Legislative oversight and future policy decisions to ensure that the administration is implementing the program in a way that is consistent with legislative intent and priorities.
Despite the State’s efforts, we identified certain weaknesses in its processes for detecting workers’ compensation fraud. For example, although state law requires insurers to refer to CDI and district attorneys’ offices any claims that show reasonable evidence of fraud, insurers vary significantly in the number of fraud referrals they submit. We calculated the referral rates for 21 insurers that each had more than $150 million in earned workers’ compensation premiums for 2015 and 2016.
Occupational licensure, one of the most significant labor market regulations in the United States, may restrict the interstate movement of workers. We analyze the interstate migration of 22 licensed occupations. Using an empirical strategy that controls or unobservable characteristics that drive long-distance moves, we find that the between-state migration rate for individuals in occupations with state-specific licensing exam requirements is 36 percent lower relative to members of other occupations. embers of licensed occupations with national licensing exams show no evidence of limited interstate migration.
FOUND IN: Transportation
The latest new vehicle sales data from California New Car Dealers Association shows Californians remain on track to exceed 2 million new light vehicle purchases in 2017, although sales are beginning to ease from comparable levels a year ago. Key findings from the data: