The SPM extends the official poverty measure by taking account of many of the government programs designed to assist low-income families and individuals that are not included in the current official poverty measure.
The Latino population in California is large, growing rapidly, and on its way to attaining majority status inless than 40 years. However, Latino college-degree attainment is low, despite a significant increase in collegegoing rates.
A California Greenhouse Gas Inventory Spreadsheet (GHGIS) model was developed to explore the impact of combinations of state policies on state greenhouse gas (GHG) and regional criteria pollutant emissions. . . Results indicate that all three scenarios are able to meet the 2020 statewide GHG targets, and by 2030, statewide GHG emissions range from between 208 and 396 MtCO2/yr. However, none of the scenarios are able to meet the 2050 GHG target of 85 MtCO2/yr, with emissions ranging from 188 to 444 MtCO2/yr, so additional policies will need to be developed for California to meet this stringent future target.
Gov. Jerry Brown, whose pronouncements of California’s economic recovery have been criticized by Republicans who point out the state’s high poverty rate, said in a radio interview Wednesday that poverty and the large number of people looking for work are “really the flip side of California’s incredible attractiveness and prosperity.”
Personal income increased $67.4 billion, or 0.5 percent, and disposable personal income (DPI) increased $64.8 billion, or 0.5 percent, in September, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) increased $24.7 billion, or 0.2 percent. In August, personal income increased $65.6 billion, or 0.5 percent, DPI increased $66.3 billion, or 0.5 percent, and PCE increased $39.8 billion, or 0.3 percent, based on revised estimates.
U.S. payrolls advanced by 204,000 jobs last month, the Labor Department said Friday, far exceeding economists’ forecast for a gain of 120,000. Readings for the prior two months were revised up by a total of 60,000, putting average job creation over the three-month span above a 200,000 pace, matching the strong gains recorded early in the year.
California students performed about the same in reading and math on this year’s National Assessment of Educational Progress as they did in 2011, ranking among the 10 lowest performing states in the country.
Stronger economic growth in the third quarter masked weak spending by consumers and businesses, the latest sign of a U.S. economy struggling to gain traction as the recovery entered its fifth year.
The number of people filing new jobless claims across the country dropped by 9,000 to 336,000, according to a weekly report from the U.S. Department of Labor. California saw a large drop in new claims.
California and Nevada are among the U.S. states with the highest poverty rates, according to new data that takes into account more cost of living measures, the Phoenix Business Journal reports.
Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 2.8 percent in the third quarter of 2013 (that is, from the second quarter to the third quarter), according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 2.5 percent.
Growing life-sciences technology company Arrayit is roughly doubling its footprint, moving south of Highway 101 as the company expands its product and service offerings dramatically.
It’s still just a speck on the horizon, but getting closer by the second: the point at which California’s oldest pension fund — and the only real retirement security for more than 800,000 educators — will, without a major infusion of cash, be flat broke.
Real gross domestic product — the output of goods and services produced by labor and property located in the United States — increased at an annual rate of 2.8 percent in the third quarter of 2013 (that is, from the second quarter to the third quarter), according to the “advance” estimate released by the Bureau of Economic Analysis. In the second quarter, real GDP increased 2.5 percent.
Southern California’s aerospace industry took another one on the chin when Boeing reached a tentative agreement with a machinists union to build the new 777X airliner in the Seattle area instead of at other possible sites, including Long Beach.