04/27/2024

Reports

November 2014

Highlights for policy makers: Unemployment Rate Declines to 7.2%; Total Employment Climbs 70,700 Labor Force Participation Rate Remains at 1976 Levels 1/5 of Total Employed in Part Time Work Nonfarm Jobs Increase 90,100 Jobs Growth Adjusted for Population Near National Average 5 Industries Remain Below 2007 Pre-Recession Job Levels Second Largest Job Growth in Jobs Paying Average Annual Wage of $14.3k 12 Counties Remain in Double-Digit Unemployment, Up from 8 in October Two-Tier Economy Persists

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October 2014

Highlights for policy makers: Unemployment Rate Improves to 7.3%; Total Employment Climbs 89,800 Labor Force Participation Rate Remains at 1976 Levels 1/5 of Total Employed in Part Time Work Nonfarm Jobs Increase 41,500 7 Industries Remain Below 2007 Pre-Recession Job Levels; 12 Above 8 Counties Remain in Double-Digit Unemployment, Up from 6 in September Two-Tier Economy Persists 2013 County & Regional Personal Income Data Available

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September 2014

Highlights for policy makers: Unemployment Rate Holds at 7.3%; Total Employment Climbs 83,400 Labor Force Participation Rate Remains at 1976 Levels 1/5 of Total Employed in Part Time Work Nonfarm Jobs Decrease 9,800 7 Industries Remain Below 2007 Pre-Recession Job Levels; 12 Above 6 Counties Remain in Double-Digit Unemployment, Improved from 11 in August Two-Tier Economy Persists

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August 2014

Highlights for policy makers: Unemployment Rate Holds at 7.4%; Total Employment Climbs 15,300 Labor Force Participation Rate Remains At Lowest Level Since 1976 Nonfarm Jobs Increase 70,900 8 Industries Remain Below 2007 Pre-Recession Job Levels; 11 Above 11 Counties Remain in Double-Digit Unemployment, Improved from 16 in August The Two-Tiered Economic Recovery Persists

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July 2014

Highlights for policy makers: Unemployment Rate Remains the Same at 7.4%; Total Employment Declines 31,400 Labor Force Participation Rate Declines 0.2%; At Lowest Level Since 1976 Change in Nonfarm Jobs Dominated by Seasonal Factors 8 Industries Remain Below 2007 Pre-Recession Job Levels; 11 Above The Two-Tiered Economic Recovery Persists, 17 Counties Continue to Experience Double-digit Unemployment

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June 2014

Highlights for policy makers: Unemployment Rate Declines to 7.4% More Californians Leave Labor Force Middle Class Jobs Still Below Pre-Recession Levels Two-Tiered Economic Recovery Persists Six Californias

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May 2014

Highlights for policy makers: Unemployment Down to 7.6% but Two-Tiered Recovery Persists Labor Force Participation Rate Continues Weak Middle Class Jobs Still Below Pre-Recession Levels Updated Trade Data Shows Exports up 7.5% Over 2013 California Maintains Lead For Total Trade Through US Ports

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April 2014

Key Highlights for Policy Makers: Unemployment Rate Down for April 2014 Labor Force Participation Rate at Lowest Point in 38 Years Middle Class Jobs Still Behind Two-Tiered Economic Recovery Persists

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March 2014

Key Highlights for Policy Makers: Unemployment Rate Down for March 2014 Middle Class Jobs Still Behind Two-Tiered Economic Recovery Persists Recovery Still Lags Population Growth

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SB 617

SB 617 Rulemaking Documents
SB 617 (Chapter 496, Statutes of 2011) created a new process under which state agencies proposing the adoption, amendment, or repeal of major regulations are required to conduct an economic impact assessment.  A major regulation has been defined by Department of Finance as a regulation that will have an economic impact on California businesses and individuals in an amount exceeding $50 million in any 12-month period.  SB 617 is an important first step in ensuring that California regulations are prepared with consideration to their impacts on the economy, job creation, and the long-term health of the state’s fiscal situation.

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February 2014

Key Highlights for Policy Makers: Unemployment Rate Down for February 2014 Continued Lagging of Middle Class Job Growth Two-Tiered Economic Recovery Persists Personal Income Growth Slows

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January 2014

Key Highlights for Policy Makers: EDD Revision of the Labor Force and Employment Data Jobs Increase but Continued Lagging of Middle Class Job Growth Legislative District Data: Two-Tiered Economic Recovery Persists

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