05/16/2024

News

California Unemployment Drops To 9.4%, Lowest In More Than 4 Years

California’s labor market picked up steam last month, according to figures released Friday, as the state’s unemployment rate fell to 9.4% and employers added a net 25,500 jobs in March.

Read More

State Job Creation Mediocre In March

Seven states saw their unemployment rates increase in March, countering the trend in most of the nation, the Labor Department said Friday.

Read More

Venture-Capital Funding Drops Sharply In Southern California

Southern California is a hotbed of young and innovative companies, but you wouldn’t know it by following the money.

Read More

Jerry Brown Starts Push To Revamp California’s Environmental Law

SACRAMENTO — As Gov. Jerry Brown toured China over the last week, he repeatedly contrasted that nation’s speedy construction of modern transportation systems and other key public works with what he characterized as a lack of vision back home.

Read More

State Senate Leader Said Revamp Of Environmental Law Is On Track

SACRAMENTO — A day after Gov. Jerry Brown said overhauling California’s environmental laws was unlikely this year, the leader of the state Senate said Wednesday the effort is very much alive in the Legislature and he thinks it can be accomplished by year’s end.

Read More

Aerospace Giant to Cut 5 Percent of Satellite Workforce

Company: Boeing Space & Intelligence SystemsCA Net Job Gain/Loss: -75Reason: LayoffCity/Region Losing Jobs: El Segundo, CANotes: Story describes 300 job cuts in four different cities but provides no specific job loss figures – so 75 job losses attributed to each city

Read More

Aerospace Giant to Cut 5 Percent of Satellite Workforce

Company: Boeing Space & Intelligence SystemsCA Net Job Gain/Loss: -75Reason: LayoffCity/Region Losing Jobs: Torrance, CANotes: Story describes 300 job cuts in four different cities but provides no specific job loss figures – so 75 job losses attributed to each city

Read More

Aerospace Giant to Cut 5 Percent of Satellite Workforce

Company: Boeing Space & Intelligence SystemsCA Net Job Gain/Loss: -75Reason: LayoffCity/Region Losing Jobs: Seal Beach, CANotes: Story describes 300 job cuts in four different cities but provides no specific job loss figures – so 75 job losses attributed to each city

Read More

Aerospace Giant to Cut 5 Percent of Satellite Workforce

Company: Boeing Space & Intelligence SystemsCA Net Job Gain/Loss: -75Reason: LayoffCity/Region Losing Jobs: Huntington Beach, CANotes: Story describes 300 job cuts in four different cities but provides no specific job loss figures – so 75 job losses attributed to each city

Read More

Chinese Firm to Open Bus Factory in Lancaster

Company: Build Your DreamsCA Net Job Gain/Loss: Unknown ImpactReason: Expand, From Out of CountryCity/Region Losing Jobs: Shenzhen, ChinaCity/Region Gaining Jobs: Lancaster, CA

Read More

California’s Economic Growth Outpaces Job Gains

Economic growth in the Golden State from 1990 to 2011 outpaced job growth, University of California, Irvine professor David Neumark and PhD candidate Jennifer Muz showed in the study, published in the latest edition of the San Francisco Fed’s Economic Letter.

Read More

Does Jerry Brown Truly Want Less Red Tape?

A couple of years into Jerry Brown’s first governorship Dow Chemical Co. abandoned plans to build a $500 million petrochemical plant, citing regulatory red tape.

Slow website
Read More

Governor Jerry Brown Praises Chinese For Bullet Train

SACRAMENTO — Gov. Jerry Brown got a firsthand look on Thursday at the world’s most extensive high-speed rail system and praised the initiative that created the Chinese railway, saying he was anxious to start building similarly ambitious projects in California.

Read More

Editorial/Opinion: Creating Jobs And Economic Stability While Protecting The Environment

A bipartisan group of legislators and an unprecedented coalition of varied stakeholder groups have come together to advance a legislative package (Senate Bill 11 and Assembly Bill 8) that provides regulatory relief and certainty to our business community, while also protecting the environment by providing grants to offset the purchase of new agricultural equipment, clean cars, and manufacturing machinery.

Read More

Fisker’s Road to Bad Karma

Company: Fisker AutoCA Net Job Gain/Loss: -160Reason: LayoffCity/Region Losing Jobs: Anaheim, CA

Read More