Earlier this year, Democrats in the state Capitol introduced several measures intended to limit Californians’ consumption of soda, arguing that rotting teeth and rising diabetes presented a public health crisis demanding action akin to regulations on cigarettes. They proposed taxing soda, banning Big Gulps, prohibiting in-store discounts on soft drinks, banishing them from the front […]
Buoyed by California’s strong economy, Gov. Gavin Newsom sent state lawmakers a revised budget on Thursday that boosts his already-hefty January proposal to $213.6 billion. Ka-ching! Public schools will reap most of the gains if the Democratic-controlled Legislature rolls with him. Newsom also upped his ante on the housing crisis with a proposed $1 billion […]
Last year’s big tax cut is about to start shrinking. The Internal Revenue Service on Thursday announced the tax code’s parameters for 2019, implementing a new method for making inflation adjustments that will result in higher tax payments—and government revenue—over time. The shift will cost Americans $133.5 billion over a decade, according to Congress’s Joint […]
Seth Frotman was traveling from the East Coast to California recently when he had a realization: The amount of new student loan debt that borrowers in the Golden State had racked up over the past year was equal to all the student loan debt in the state of Maine. Frotman spent years dealing with the […]
Jabil Inc., a manufacturer for tech giants like Apple Inc., is closing one of its Silicon Valley sites and laying off or transferring hundreds of local employees as business slows. The St. Petersburg, Florida-based electronics manufacturer and contractor is closing its Silver Creek facility in San Jose, affecting 298 total employees, the company confirmed to […]
The jobs, wage, and establishment data has been updated through the latest, 2016:Q1 data from the Quarterly Census of Employment and Wages (QCEW), through a special data run by the state Employment Development Department. This data is location based, providing information on the number and types of jobs and establishments operating within each district, and is provided for the Congressional, Senate, and Assembly Districts.
As the nation’s second largest city, Los Angeles has a vibrant culture, a diverse population and a strong economy. The city is not only the largest entertainment capital in the world, but also the nation’s largest manufacturing center and retail market, a major tourist destination and financial center, and home to one of the world’s busiest ports.
The Governor announced today that California has grown 1 million jobs since 2010. This is a significant and long awaited accomplishment for those who have suffered economically over the past 6 years.