The statement amounted to an acknowledgment the Fed could alter its plans for more rate increases this year if market turbulence and slowing global growth continue or worsen. But officials aren’t ready to commit to holding off on rate rises.
OPI has manufactured and distributed a line of popular nail polishes and has been based at its North Hollywood complex at 13034 Saticoy St. since it was formed in 1981, a Coty spokeswoman said.
Since 2007, for instance, the San Francisco Bay Area, with 20 percent of the state’s population, has generated well over half of the state’s employment growth. Conversely, Los Angeles County, with a 25 percent of the population, has produced less than 10 percent of the new jobs.
The Employment Development Department said Friday the unemployment rate grew a tenth of a percentage point despite a gain of 60,400 nonfarm payroll jobs.
California is pursuing major reforms on many fronts, including health care, corrections, and K–12 education. But the state faces a wide array of challenges, from housing costs, to climate change and water management, to higher education funding. Policymakers—including California’s voters—need more and better information about the future consequences of policy choices made today. This multi-topic publication highlights the state’s most pressing long-term policy challenges in several key areas.
The teacher shortage in the K-12 system has become so critical that a local school district is offering a $10,000 signing bonus for its next math and science teachers.
The 2015 economic outlook ranking is a forward-looking measure of how each state can expect to perform economically based on 15 policy areas that have proven, over time, to be the best determinants of economic success.
California has only ranked in the top 20 [net job growth rate] twice since 2006, and over that time it’s been in the bottom 20 three times. Indeed, California has been in the top ten only once since 2001. That was the data point they used in their analysis.
Ninety percent of students completing Capistrano Unified School District’s dental assistant career education program are hired for jobs right out of high school. . . And the auto repair graduates can go straight to work making a livable wage or continue their education for another year or two at community college and graduate to jobs earning $80,000 to $90,000 a year.
Sacramento’s economy will continue growing this year but will continue to suffer from a shortage of high-paying jobs, according to a closely-watched forecast released Tuesday. . . “The bad news is that the job recovery has occurred in sectors that are traditionally filled by unskilled and lower-wage labor,” the report said.
The overall U.S. population is aging. As the top graph shows, the percent of the population between 16 and 64 years of age (generally considered working age) has been declining since about 2007. At the same time, the percent of the population 65 years and older has been increasing. . . As the working age population shrinks relative to the total, the dependency burden (the ratio of dependent young and old to those of working age) increases.
California is a single state, but many economies. The recovery of the entire state obscures the struggles of many regions and industries. Geographically, our economic divide has worsened. We have wealthy coastal enclaves and poor inland communities; a booming high technology sector and low-wage service businesses. Nearly a quarter of Californians still live in poverty.
Economic activity in the [12th] District grew at a moderate pace during the reporting period of late November through early January. Overall price inflation was minimal, and upward wage pressures increased further. Retail sales expanded moderately, as did demand for business and consumer services. Manufacturing output declined somewhat. On balance, activity in the agriculture sector was flat. Activity in residential and commercial real estate markets expanded further. Lending activity grew at a modest pace.
Economic activity in the [12th] District grew at a moderate pace during the reporting period of late November through early January. Overall price inflation was minimal, and upward wage pressures increased further. Retail sales expanded moderately, as did demand for business and consumer services. Manufacturing output declined somewhat. On balance, activity in the agriculture sector was flat. Activity in residential and commercial real estate markets expanded further. Lending activity grew at a modest pace.
Nonfarm payrolls increased a seasonally adjusted 292,000 in December, the Labor Department said Friday. The unemployment rate, obtained through a separate survey, held steady at 5% last month. The unemployment rate hasn’t been below that mark since 2007.