A Time for Truth is a candid assessment of the challenges and opportunities Los Angeles faces. A Time for Action is the second and final report the LA 2020 Commission will publish. This report contains a series of concrete measures which, if adopted, will enhance transparency and accountability in City Hall, put Los Angeles on a path toward fiscal stability and renew job creation in the region.
For nearly two decades, the Tax Foundation has published an estimate of the combined state and local tax burden shouldered by the residents of each of the fifty states, regardless of the jurisdictions to which those taxes are paid. We argue that it is important to note that a taxpayer’s true tax burden must include the substantial taxes they pay directly or indirectly to out-of-state governments.
As lawmakers in the nation’s capital are mired in debate over likely outcomes from raising the federal minimum wage, businesses hit with local wage increases across the U.S. already are grappling with the reality.
Three months after it painted Los Angeles as a metropolis stumbling into decline, the Los Angeles 2020 Commission offered 13 recommendations Wednesday that it said would “put the city on a path to fiscal stability and renew job creation.”
Industry partnerships are just one strategy states are using to fight persistent unemployment and a less-discussed but troubling trend: In every state and the District of Columbia, the labor force participation rate is shrinking.
The 23% gap implies that women work an extra 68 days to earn the same pay as a man. Mr. Obama advocates allowing women to sue for wage discrimination, with employers bearing the burden of proving they did not discriminate. But the numbers bandied about to make the claim of widespread discrimination are fundamentally misleading and economically illogical
President Barack Obama on Tuesday said the salary gap between men and women is unfair and needs to be remedied, outlining an election-year effort by Democrats to highlight gender pay disparities and shore up support for the party’s candidates among women voters.
The portion of stay-at-home mothers with children under age 18 rose to 29% in 2012 from 23% in 1999, according to a new Pew Research Center analysis of government data. Prior to that, the share of stay-at-home moms had declined for three decades as women in general flooded into the workforce.
Preempting the mayor, a group of labor activists led by Service Employees International Union Local 1021 filed documents with city’s Department of Elections on Monday to place a proposal on the November ballot to raise the city’s minimum wage to $15 an hour – the highest in the nation.
Californians carried the nation’s fourth highest state and local tax burden in 2011, the Tax Foundation says in a new report, largely because its personal incomes are markedly lower than those of other high-tax states.
U.S. nonfarm payrolls rose a seasonally adjusted 192,000 last month, the Labor Department said Friday. January and February payrolls were revised up by a combined 37,000. The nation’s unemployment rate held steady at 6.7% as more people found work and more people joined the labor force.
For the most part, the fastest-growing brain hubs are in the South and Intermountain West (which excludes the states on the Pacific Coast). Some of these places are usually not associated with the highest levels of academic achievement, and for the most, they still lag the national average in college graduation rates.
The ongoing drought in California could dampen employment growth in coming years and have a ripple effect on several industries in the state, according to a UCLA report released Wednesday.
The findings of the March UCLA Anderson Forecast predict that total employment will grow by 1.8 percent in 2014, 2.2 percent in 2015 and 2.1 percent in 2016.
The UCLA Anderson Forecast said L.A. needs to make bigger strides in improving the education of its workers and business climate. The county has lost more net jobs than any large metropolitan area in the nation from 1990 to 2013, the forecast said.