12/24/2024

News

The horrors of Marxism not so clear to America’s young

Polls of millennials show consistently that economic issues, such as jobs and college debt, are their dominant concerns. Issues like transgender rights, or climate change, may motivate the media and denizens of university hothouses, but for most young people more critical are those that impact their lives in a more immediate way. The current ruling […]

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Southern California’s foreign-owned businesses jump above 10,000, employ 428,000

Southern California is home to 10,378 foreign-owned businesses that employ 427,954 workers and generate nearly $27 billion in annual wages, according to a report from World Trade Center Los Angeles. The study, compiled in partnership with Pepperdine University’s School of Public Policy and sponsored by American Airlines, says those employees represent 5.4 percent of the […]

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Texas Laps California In Job And Population Growth

California, with 39.5 million people, is some 40 percent more populous than Texas, at 28.3 million. Yet, in spite of California’s large advantage in residents, the Golden State generated 356,800 new nonfarm jobs in the past 12 months through April, a rate of 2.1 percent, compared to 332,300 jobs in Texas, clocking in at 2.7 […]

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Is California’s high cost of housing cost scaring off job seekers?

Plenty of workers still move West each year for a new job in California. But the state’s high cost of housing may be deterring many other job seekers from moving into the state. Business leaders up and down the state say California’s expensive housing makes it challenging to recruit new workers — and to keep […]

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Cupertino ponders business fee revamp that could jolt Apple

Cupertino leaders are considering a restructuring of the city’s business license fees by imposing taxes on employers based on the number of people who work for them, municipal officials said Tuesday — a levy that could jolt Apple. Alarmed by increasingly challenging commutes and skyrocketing home prices, Cupertino officials have turned to the prospect of […]

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Mountain View eyes tax that could charge Google millions

Mountain View officials are contemplating a series of models, including one that could impose a tax of as much as $5.5 million a year on the largest employers in Mountain View, according to materials being prepared for a city council subcommittee meeting scheduled for Wednesday. . . . The restructured taxes could be based on […]

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This California agency has so many new employees that it’s installing smaller cubicles

California can’t fit all of its environmental regulators in its 25-story Environmental Protection Agency headquarters, and it doesn’t want to shell out tens of millions of dollars to find them new digs, either. Gov. Jerry Brown’s administration found a solution that will sound familiar to any longtime traveler squeezing his knees into tight airplane seats: […]

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Where U.S. Manufacturing Is Thriving In 2018

Yet, manufacturing’s contributions to the economy are far out of proportion to its shrinking share of employment. In 2013, the manufacturing sector employed 12 million workers, but generated an additional 17.1 million indirect jobs. It has the largest multiplier of any economic sector: each dollar’s worth of manufactured goods generates $1.40 in output from other […]

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Split in Goods and Services Inflation Underscores Fed’s Challenge

The goods economy has been transformed by trade and technological innovation over several decades, giving consumers access to inexpensive products made in foreign countries or automated factories. The services economy has been more sheltered from international competition and technological change. You can’t hire cheap Chinese labor to serve you pizza or a robot to teach […]

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Disabled workers fear losing their jobs at California prison

PRIDE’s contract at the California Health Care Facility is coming to an end, primarily because state government’s largest union filed a grievance charging that it violated state protections against outsourcing public sector jobs. The union wants to bring the disabled workers onto the state payroll, but there are no guarantees. Some of the disabled workers […]

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Businesses Can Help California Schools Train Students for ‘New Collar’ Jobs

Job growth in California has been robust since the last recession. But recently that growth has slowed because of the lack of employable workers. The projected shortage of skilled workers in the state through 2030 is more than a million graduates with bachelor’s degrees as well as hundreds of thousands of workers with two-year associate’s […]

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There’s a critical shortage of truck drivers in the US, and it’s causing everything from delayed Amazon orders to more expensive groceries

There’s a reason your Amazon orders are taking longer to arrive and retailers are charging you more for your usual selections. There’s a critical shortage of truck drivers in the US right now, and it’s only getting worse. The US was short some 36,500 drivers in 2016, according to a 2017 report by the American […]

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Just how much is Tesla worth to the Bay Area and California?

In the Bay Area, Tesla’s biggest impact is seen in the number of jobs the company has created. Alameda County, which is home to Tesla’s Fremont factory, claimed 5,081 Tesla workers as residents, while 5,737 jobs came from residents of Santa Clara County, 735 from San Mateo County and 352 hailed from Sacramento. The study […]

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30 percent of California tax agency managers have a relative on staff

A California tax department where almost a third of managers are related to another employee is unwinding nepotistic chains of supervision six months after a state audit revealed a problematic concentration of personal relationships among staff. California Department of Tax and Fee Administration Director Nicolas Maduros reported on Thursday that 141 of his department’s 484 […]

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Exporting Jobs Instead of Food

House Republicans are brawling over immigration again, and it could scuttle their farm bill. Most of the public debate focuses on the so-called Dreamers. But another big problem receiving less media attention is that the immigration restrictionists are detached from the reality of the American farm economy and a worker shortage that’s driving food production […]

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