According to a study released Monday by Georgetown University’s Center on Education and the Workforce, the U.S. economy now has about 1 million more jobs in occupations that rank in the top third of income and 800,000 more in the bottom third. The middle third, however, has yet to recover the jobs lost during the recession.
Gov. Jerry Brown’s January budget proposal called for an overhaul of California’s state worker retiree health care system. It faces more than $70 billion in long-term debt. Seven months later, nothing’s changed.
Job openings slipped to 5.25 million in June, down from a record 5.36 million in May, according to the Labor Department’s Job Openings and Labor Turnover Survey, known as Jolts.
The luxury car company will establish Southern California’s first new car manufacturing plant in more than two decades in the city of Moreno Valley, where it will begin building its plug-in electric hybrid automobiles.
U.S. employers are adding jobs at a steady clip though the labor market is showing little sign of overheating, factors likely to reassure Federal Reserve officials as they weigh their first interest-rate increase since 2006.
The move to reclassify contractors comes amid heated political commentary on the topic — 2016 presidential candidates Hillary Clinton and Jeb Bush have weighed in on the matter — and mounting lawsuits from workers. In addition to Instacart, courier service Shyp, valet-parking service Luxe Valet and home tech-repair company Eden have each changed at least part of their workforce from independent contractors to employees. Among those facing lawsuits: ride-booking company Lyft, on-demand laundry service Washio, repair service Handy, delivery service Postmates, as well as Instacart and Shyp.
California, the nation’s most populous state, also has more government workers than any other. Nearly 1 in 10 Californians belongs to one of 85 government pension systems, according to a new report by Kevin Cook of the Public Policy Institute of California. About two in three pension members belong to either the California Public Employees’ Retirement System or the California State Teachers’ Retirement System.
The official analysis of a proposed public pension initiative issued last week said “likely large savings” in retirement benefits would be offset by pressure for higher pay and other costs.
For many decades, San Diego leaders held a vision of progress that we would argue is a narrow one–focused on a limited set of industries and built on a fragmented social and economic landscape. As a result, lines both literal and metaphorical have divided the region at every level
Whatever the merits of 1,231 individual waivers issued under ObamaCare, a law implemented largely through waivers and exemptions is not law-like. In such a system, where even hairdressers and tour guides are subjected to arbitrary licensing requirements, all the advantages accrue to established, politically-connected businesses.
A report out Wednesday by sociologists at the University of Southern California asserts that San Diego’s economic growth will depend mightily on reducing income inequality, racial disparities and other examples of inequity.
The proposal asserts California voters have the right via initiative and referendum to determine state and local government employees’ pay and benefits. Employees hired Jan. 1, 2019, or later would not be allowed to join existing pension plans unless voters approved continuing those plans.
According to WalletHub’s analysis, California has the 9th worst school system in the nation, thanks in part to low reading and math test results, a high dropout rate and an abysmal score (worst in the nation) for the high number of pupils per teachers in our classrooms.
Everyday, California government officials are looking for people to fill thousands of full-time vacancies. Their recruiting is heating up. Forty percent of state employees are eligible to retire, and only about 10 percent of the workforce is under age 30, compared to about 25 percent of the overall workforce in California in that age group.
Far from turning into a nation of gig workers, Americans are becoming slightly less likely to be self-employed, and less prone to hold multiple jobs. Official government data shows around 95% of those who report having jobs are accounted for on the formal payroll of U.S. employers, little changed from a decade ago.