June 11, 2015
After taking a significant recession-era hit, California’s economy has bounced back up to the seventh largest in the world as the state’s gross domestic product reached $2.3 trillion in 2014, according to figures released Wednesday by the U.S. Bureau of Economic Analysis.
June 11, 2015
Although business advocates and economists argue over the effect of lost headquarters, it's clear that Southern California has seen a run of major corporate departures in recent years. Whether that reflects poorly on the local business or regulatory climate is a more complicated question.
Some local ordinances in particular include an exemption for employers that enter into a collective bargaining agreement with a union. This “escape clause” is often designed to encourage unionization by making a labor union the potential “low-cost” alternative to new wage mandates, and it raises serious questions about whom these minimum wage laws are actually intended to benefit.
"African Americans appear to be moving once again, but this time primarily to cities, many in the south, the very region they exited in huge numbers during the last century. Increasingly, they, as well as Latino and Asian households seeking a better future, are moving to opportunity cities. Between 2000 and 2013, the African American population of Atlanta, Charlotte, Orlando, Houston, Dallas-Fort Worth, Raleigh, Tampa-St. Petersburg and San Antonio all experienced growth of close to 40 percent or higher, well above the average of 27 percent for the 52 metropolitan areas […]
For Latinos, now the nation’s largest ethnic minority, nine of the top 13 places are held by cities wholly or partially in the old Confederacy, led by #1 Jacksonville, Florida. Current state projections in Texas indicate that Latinos will outnumber Anglos by 2025. The majority of newcomers to the South, notes a recent Pew study, are classic first-wave immigrants: young, 57 percent foreign born and not well educated; but they see the South as their land of opportunity."
June 10, 2015
That, too, has been very successful. More than 600 bills were given the “job killer” epithet over the last 18 years and fewer than 50 made it into law. In some years, none did.