In his State of the State address Thursday, Gov. Jerry Brown reiterated his pitch to protect California’s water supply. But in a speech lawmakers repeatedly interrupted with applause, Brown’s plea to spend billions on water elicited silence. He was speaking to a joint session of the legislature, but his message is really for consumers — and the agencies that supply water to them.
After adding jobs at a steady clip through most of last year, California’s employment engine lost steam in December as employers reduced payrolls by 17,500 net positions.
Battle-scarred and bullet-hole-riddled over the 42 years since Gov. Ronald Reagan signed it into law, the California Environmental Quality Act likely will receive its first major overhaul in the legislative session that began Jan. 7.
Federal officials awarded California’s new health insurance exchange a $674-million grant, providing money for a crucial marketing campaign aimed at millions of uninsured consumers.
The San Francisco Bay Area, a region that encompasses booming Silicon Valley, led California in job growth last year as the technology industry workforce rose.
Unemployment rates held steady in California and Los Angeles County last month but the Inland Empire saw a decline, the state Employment Development Department reported Friday.
California’s labor market slowed last month as employers shed 17,500 jobs in December and the unemployment rate remained unchanged.
Manufacturing is staging a big comeback in the United States, according to a new U.S. Commerce Department report, but a new state employment report indicates that manufacturing is continuing its years-long slide in California.
Silicon Valley leaped back to the top of a list of “best-performing cities” put out by the Milken Institute. The cumbersomely named San Jose-Sunnyvale-Santa Clara area hasn’t taken the top spot since 2001.
Company: BoxCA Net Job Gain/Loss: -330Reason: Invest Elsewhere, Out of CountryCity/Region Losing Jobs: Los Altos, CACity/Region Gaining Jobs: Japan, Germany, France, The Neterlands, Brazil, Australia
While Congress and the president recently hiked taxes for 77 percent of the nation’s taxpayers, proposals for sweeping tax cuts continue to gain momentum at the state level. As the White House and Congress seem determined to make the U.S. even less economically competitive, states like Kansas, Missouri and Oklahoma are considering a phase-out of their income taxes. The Wall Street Journal correctly calls it a “Heartland Tax Rebellion.”
When it was first signed into law by Gov. Ronald Reagan in 1970, the California Environmental Quality Act represented a groundbreaking statement by Californians that our environment was important and deserved protection.
California’s median home price struck a four-year high for a December, indicating housing will probably continue to mend in the new year.
Gov. Jerry Brown, who has occasionally been prickled by claims that Texas is a better place to do business than California, was asked on Marketplace Morning Report today if the Golden State was falling behind.
Company: StumbleUponCA Net Job Gain/Loss: -35Reason: LayoffCity/Region Losing Jobs: San Francisco, CA