This study deconstructs software in San Diego beyond the region’s software publishers and IT firms, and displays how the technology is changing the landscape of all types of innovation in San Diego.
By 2015, the Workers’ Compensation Insurance Rating Bureau says in a new report, employers’ average insurance premiums, which had topped $6 per $100 of payroll in 2003, had dropped to $2.86.
In many states you can’t so much as get a haircut or have a manicure unless the person performing the service has an occupational license. Last summer, the White House released a report targeting this tangled maze of job-licensing requirements, and saying that trimming the thicket would improve the economy.
To learn more about who has professional certifications and licenses and how they fare in the labor market, we’ve added new questions to the Current Population Survey. That’s the monthly survey of about 60,000 households that we use to measure the U.S. labor force and unemployment rate.
California still has a higher rate of unemployment than the nation, at 5%, a sign that labor markets are still struggling in some parts of the state. Job growth was hampered by employment cuts in several industries, including high-paying fields such as professional and business services.
On Thursday, however, the competition turned into a battle between two cities. Mayors of Fresno and Visalia faced off at a Sacramento committee hearing over the location of a Nordstrom distribution center.
Essentially we may be witnessing two parallel, and notionally conflicting developments, notes analyst Mark Schill of the Praxis Strategy Group. There are clearly a series of regions, as identified by the report, that have achieved critical mass in software and across many other tech fields. Yet at the same time, the most rapid growth is taking place largely in non-traditional tech hubs, including places like Salt Lake City, San Antonio, and Phoenix, all seeing rapid growth in tech jobs as well as a growing concentration.
El Niño has doused northern California, but farmers in the state’s Central Valley won’t see much benefit. The Obama Administration is again indulging its progressive friends at the expense of low-income communities.
Many states have enjoyed an oversized boost in recent years from so-called sin taxes on cigarettes and gambling—among other vices—but the benefit to state coffers has increasingly been fading. Tobacco tax revenue across the 50 states has declined, while growing gambling competition has eaten into states’ take.
A California economic development board handed out $70.5 million in tax credits on Thursday for private companies promising to create jobs in the state, including $12.7 million for electric car-maker Faraday Future, which broke ground a day earlier on a new manufacturing facility in neighboring Nevada.
Economic activity in the District grew at a moderate pace during the reporting period of mid-February through the end of March. Overall price inflation firmed somewhat, while upward wage pressures grew at a moderate pace. Sales of retail goods and consumer and business services expanded moderately. Demand for manufacturing products grew modestly. Activity in the agriculture sector picked up, and residential and commercial real estate market activity continued to expand at a robust pace. Lending activity continued to grow at a modest pace.
A continuing storyline of the California economy is the enormous job creation and job destruction that goes on below the surface of the monthly job numbers. Each month around 300,000 payroll jobs are destroyed, and an equal amount created, even as the monthly payroll job total moves only a little.
Berkeley employs about 8,500 staffers, from custodians to administrators. Faculty members will not be affected. Dirks said the reductions will be done in part through attrition and did not mention layoffs.
California needs energy and water equally, and residents are being asked to cut back on both. The state is leading the nation in setting goals for increasing production of renewable-energy sources but has relied on natural gas for the bulk of its energy production.
Continuing his recent embrace of liberal-backed policies to put more money in workers’ pockets, Gov. Jerry Brown on Monday signed legislation boosting the compensation of Californians taking paid family leave. . . Raising the rate would allocate an additional $348 million in 2018 and $587 million by 2021 out of the state’s Disability Insurance Fund.