Highlights for policy makers:
COVID-19 and the State Economy
Nonfarm Jobs: 353k Below Pre-Covid Peak
Jobs Change by Industry
Employment 676k Below Pre-Covid Level
Unemployment Insurance: Illinois Becomes Latest State Using Federal Funds to Slash UI Debt
Labor Force Participation Rate
Unemployment Rates by Legislative Districts
Unemployment Rates by Region
MSAs with the Worst Unemployment Rates
Technical Notes
The Center for Jobs and the Economy has released our initial analysis of the February Employment Report from the California Employment Development Department. The February job and employment numbers saw some improvement in the state’s recovery levels, with employment gains continuing the January performance and nonfarm jobs rising at a higher rate. Nonfarm jobs (seasonally […]
Highlights for policy makers:
COVID-19 and the State Economy
CaliFormer Businesses: Update
CaliFormers: Business Closures & Recovery During the Pandemic
CaliForming: Venture Capital Activity Boosts State Revenues
Nonfarm Jobs: 498k Below Pre-Covid Peak
Jobs Change by Industry
Employment 774k Below Pre-Covid Level
Unemployment Insurance Initial Claims Still Above Pre-Pandemic Averages
Labor Force Participation Rate
Unemployment Rates by Legislative Districts
Unemployment Rates by Region
MSAs with the Worst Unemployment Rates
Technical Notes
The Center for Jobs and the Economy has released our initial analysis of the January Employment Report from the California Employment Development Department. The January numbers continue the annual data revision process, with the comparisons discussed below reflecting these adjustments. The discussion is limited to the California numbers released so far today. Relative rankings will […]
In nominal terms, California origin exports exceeded the pre-pandemic 2019 levels for the 4th month in a row. In real terms, however, the numbers continue to show a decline.
Below are the monthly updates from the most current February 2022 fuel price data (GasBuddy.com) and December 2021 electricity and natural gas price data (US Energy Information Administration). The release of the December 2021 utility rate data provides a moment to assess the effect of the state’s energy policies on the ceaseless rise in the […]
In nominal terms, California origin exports exceeded the pre-pandemic 2019 levels for the 4th month in a row. In real terms, however, the numbers continue to show a decline.
Below are the monthly updates from the most current January 2022 fuel price data (GasBuddy.com) and November 2021 electricity and natural gas price data (US Energy Information Administration). The results continue to reflect elevated oil and gas prices, as demand fueled by the recovery has outpaced the restoration of supplies affected by pandemic shutdowns and […]
Highlights for policy makers:
COVID-19 and the State Economy
GDP Drops in Most Regions
CaliFormer Businesses: Update
Employment 868k Below Pre-Covid Level
Labor Force Participation Rate
Nonfarm Jobs: 826k Below Pre-Covid Level
Jobs Change by Industry
Employment Recovery by Region
Unemployment Rates by Legislative Districts
Unemployment Rates by Region
MSAs with the Worst Unemployment Rates
Combined with a somewhat higher revision to last week’s preliminary number, initial claims in California remained largely stable over the past three weeks while dropping sharply in the rest of the country.
The Center for Jobs and the Economy has released our initial analysis of the December Employment Report from the California Employment Development Department. The December job and employment numbers were mixed. Nonfarm jobs (seasonally adjusted) were up 50,700, the lowest monthly total in 2021 since the loss posted at the beginning in January. California’s performance […]
Initial claims continued to rise in California while dropping sharply in the rest of the country. California claims were up 9.9%, while claims in the other states dropped by just under a quarter.
Reflecting seasonal factors but likely the effects of the Omicron variant as well, initial claims for the week of January 8 continued rising at a greater rate. Initial claims in California rose 25.5%.
The July trade figures in general continue to show a degree of recovery when compared to the 2019 pre-pandemic levels, but only regaining ground rather than moving forward. On an annualized basis, import flows were up 3.1% annually from 2019 in nominal terms, and export flows up 3.3%. In real terms, both were essentially unchanged.
Below are the monthly updates from the most current December 2021 fuel price data (GasBuddy.com) and October 2021 electricity and natural gas price data (US Energy Information Administration). With the sole exception of a minor (1 to 2 cents vs. 6 to 10 cents in the other states) easing in fuels, energy costs continued […]