In this Friday’s print edition, I take a closer look at whether Gov. Jerry Brown’s decision to kill the state of California’s enterprise zone program will actually work. The controversial decision to phase out the program and replace it with a range of other incentives was a hot topic last week when the California Legislature approved the governor’s reforms.
Programs that prepare students for college and careers are about to get a jolt of one-time state money that supporters are counting on to lead to a permanent and sustainable expansion of programs.
Over the past three and a half decades, state and local governments in the United States have awarded corporations more than $64 billion in giant subsidy packages designed to encourage investment and the creation or retention of jobs.
. . . three tailwinds that typically help drive strong recoveries—investment in housing, consumer confidence, and discretionary fiscal policy—have been absent or turned into headwinds this time.
. . . examines the growing cost to the state of the EZ tax breaks, looks at who receives these breaks, and discusses current proposals to reform the EZ Program, including those contained in Governor Brown’s May Revision of his proposed 2013-14 budget.
A look at California’s property tax 35 years after passage of Proposition 13.
. . . presents the employment rates of California women over time; their current employment rate according to age group, highest degree attained, and race/ethnic category; and their occupational category with median personal income.
Setting the tone for his City Hall tenure, Eric Garcetti said he will make job creation one of his top priorities in his first 100 days.
Nobody likes high gas prices — or taxes — and Californians are about to get hit with both when a 3.5-cent increase in the state gasoline tax kicks in Monday.
A new national ranking for job growth has been released and — surprise — California is near the top.
The U.S. is on track to create 55 million new job openings by 2020, but will face a shortage of five million workers with the education or training to fill these positions, according to a new report by the Georgetown University Center on Education and the Workforce.
WASHINGTON — The U.S. economy may not be strong enough for the Federal Reserve to slow its bond purchases later this year.
California’s 40 enterprise zones, which award tax credits to businesses for hiring disadvantaged workers, are typically run by public agencies such as cities, counties or joint powers authorities.
The federal Bureau of Economic Analysis (BEA) came out with its new state-by-state economic growth numbers last week. The easy-to-read map shows that, not unsurprisingly given all the new oil production there, North Dakota led the nation in increased economic growth in 2012 at 13.4 percent, with Texas in second at 4.8 percent.
The unemployment rate in Sacramento and California registered a significant drop in May for the second consecutive month, but analysts cautioned that the steadily improving numbers conceal a large number of people who are working in low-wage jobs or who are no longer firmly attached to the workforce.
