U.S. consumer sentiment rebounded strongly in early October, suggesting that the economic recovery remained on track despite headwinds from a strong dollar and weak global demand that have weighed on the industrial sector, particularly manufacturing.
California had added an average of about 41,000 jobs each month over the past year, making September’s gain small in comparison. Still, the state’s job market has expanded at a 2.8% rate over the last year, faster than the 2% growth rate for the U.S. overall.
This report updates and extends projections of California’s workforce skills through 2030, focusing on the supply and demand for workers with a bachelor’s degree. We find that the state will fall about 1.1 million college graduates short of economic demand if current trends persist—a problem we call the workforce skills gap. Even the arrival of highly educated workers from elsewhere is unlikely to be large enough to fill this gap.
Wal-Mart’s second profit warning in two months should be a wake-up call for the political left. If America’s largest private employer is struggling with its own pay increases, how will other businesses cope with even larger minimum-wage hikes?
The map below shows the average property tax deduction taken on the Schedule A, per tax return, for each county in the United States.
CEQA is meant to allow opponents to push for project changes that lessen its impact on the environment. But no public announcements were made about environmental wins, compromises with developers or killed projects within the settlements. . . The nonprofits won $17.2 million in settlements from the suits, a number revealed in separate lawsuits filed as part of a dispute between the two groups. Most of the proceeds – roughly $9 million – was to go to the nonprofits and the attorney representing them, according to the lawsuits.
Don’t be fooled by the new California jobs report out Friday that shows statewide unemployment falling below six percent for the first time in nearly a decade. The state added almost no jobs last month – and 125,000 people stopped looking for work.
Don’t be fooled by the new California jobs report out Friday that shows statewide unemployment falling below six percent for the first time in nearly a decade. The state added almost no jobs last month – and 125,000 people stopped looking for work.
U.S. retail sales barely rose in September and producer prices recorded their biggest decline in eight months, raising further doubts about whether the Federal Reserve will raise interest rates this year.
Economic activity in the District grew at a moderate pace during the reporting period of late August through early October. Overall price inflation appeared to firm slightly, and upward wage pressures increased further. Retail sales grew moderately, while demand for business and consumer services picked up further. Manufacturing output was largely unchanged overall. Agricultural activity edged up. Conditions in residential and commercial real estate markets expanded further. Lending activity ticked up.
Among the steps not taken are requirements that all ships slow as they approach the port and shut down their diesel engines and plug in to onshore electricity when docked to reduce harmful emissions. Also not met were mandates that trucks and yard tractors be fueled by less-polluting natural gas and other alternative fuels.
What they found is striking: the CPS students who completed all four years of the IB program were 40% more likely to attend a four-year college, 50% more likely to attend a selective four-year college, and significantly more likely to persist in college than their matched peers outside the program. The program influenced not only their academic success but also their self-regard and confidence; in-depth interviews showed a strong academic orientation and high sense of self-efficacy. There were no negative results for the students involved, even for those who began the program in 9th grade but did not complete the program.
Those exporters have suffered this year as China’s economy has cooled. In September, the Port of Long Beach, Calif., part of the country’s busiest ocean-shipping gateway, handled 197,076 outbound empty boxes. They accounted for nearly a third of all containers that moved through the port last month. September was the eighth straight month in which empty containers leaving Long Beach outnumbered those loaded with exports.
After the dust settled Sunday on the final day of the year’s regular legislative session, business groups were quick to claim victory over a torrent of labor-backed bills.
Business economists downgraded their expectations for GDP growth next year to 2.7 percent, but most expect the Federal Reserve to start raising interest rates this December.