Download Report Below are highlights from the recently released trade data from the US Census Bureau and US Bureau of Economic Analysis. The May data in general saw California exports continuing recovery in nominal terms, but when viewed in real dollars, exports were essentially level when compared to the prior year and remained substantially below the […]
Highlights for policy makers:
COVID-19 and the State Economy
May Revise Economic Projections
Inflation and the Recovery
Recession Risks Before Recovery
CaliFormer Businesses: Update
CaliFormers: Population Drops Two Years in a Row
NonFarm Jobs: 240k Below Pre-Covid Peak
Job Change by Industry
Job Openings Remain High
Employment 386k Below Pre-Covid Level
Unemployment Insurance Initial Claims Edge Above Pre-Pandemic Average in California
Labor Force Participation Rate
Unemployment Rates by Legislative Districts
Unemployment Rates by Region
Employment Recovery by Region
MSAs with the Worst Unemployment Rates
The Center for Jobs and the Economy has released our initial analysis of the May Employment Report from the California Employment Development Department. For additional information and data about the California economy visit www.centerforjobs.org/ca. The May job and employment numbers again showed movement toward recovery, but at somewhat slowing levels from the prior two months. […]
Below are highlights from the recently released trade data from the US Census Bureau and US Bureau of Economic Analysis. The April data includes the annual revisions to prior years, in this case revisions going back to 2017. Changes to the California numbers were relatively minor, with export flows somewhat higher and import flows somewhat […]
The latest new vehicle data from California New Car Dealers Association shows total new light vehicle registrations in the third quarter were down 19.6% from the same period in the prior year, an improvement over the 48.9% drop in the second quarter but still lagging well behind the overall national decline of 8.4%. In addition to the associated jobs impacts, new vehicle sales are also a critical component of state and local revenues, with Motor Vehicle and Parts Dealers (NAICS 441) producing 12% of total taxable sales in 2019.
Download Report Below are the monthly updates from the most current May 2022 fuel price data (GasBuddy.com) and March 2022 electricity and natural gas price data (US Energy Information Administration). To view additional data and analysis related to the California economy, visit our website at www.centerforjobs.org/ca. Energy costs continued rising across the board in the […]
Highlights for policy makers:
COVID-19 and the State Economy
May Revise Economic Projections
Inflation and the Recovery
Recession Risks Before Recovery
CaliFormer Businesses: Update
CaliFormers: Population Drops Two Years in a Row
NonFarm Jobs: 240k Below Pre-Covid Peak
Job Change by Industry
Job Openings Remain High
Employment 386k Below Pre-Covid Level
Unemployment Insurance Initial Claims Edge Above Pre-Pandemic Average in California
Labor Force Participation Rate
Unemployment Rates by Legislative Districts
Unemployment Rates by Region
Employment Recovery by Region
MSAs with the Worst Unemployment Rates
The Center for Jobs and the Economy has released our initial analysis of the April Employment Report from the California Employment Development Department. For additional information and data about the California economy www.centerforjobs.org/ca. The April job and employment numbers continued to be positive, with employment showing strong gains comparable to the prior month but nonfarm […]
Below are the monthly updates from the most current 2022 fuel price data (GasBuddy.com) and February 2022 electricity and natural gas price data (US Energy Information Administration). The latest data continues to reflect the increase in crude oil and natural gas prices, with the 2nd highest gasoline prices on record in California. More troubling for […]
Below are highlights from the recently released trade data from the US Census Bureau and US Bureau of Economic Analysis. California origin exports were up sharply by 14.9% compared to March 2021, and 8.5% compared to the pre-pandemic level in March 2019. While significant in nominal terms, adjusting for inflation instead shows that the state’s […]
The latest report from California New Car Dealers Association (CNCDA) shows total new light vehicle registrations in 2021 came in just above expectations at 1.86 million vehicles but were still off 11.0% compared to pre-pandemic 2019. The report indicates that sales are expected to continue a gradual recovery, reaching 1.93 million in 2022. These numbers, however, remain subject to uncertainty stemming from the continuing supply chain disruptions and their effect on both imported vehicle deliveries and component shortages affecting domestic production. In part reflecting these continuing shortages, the new vehicle element in the Consumer Price Index rose 12.5% over the year in the latest data for March. As discussed in our previous reports, new vehicle sales are also a major component of sales and use tax that provides revenues for a range of state and local programs.
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 March Employment Report from the California Employment Development Department. For additional information and data about the California economy visit www.centerforjobs.org/ca. The March job and employment numbers continued to be positive, with employment showing stronger gains and nonfarm jobs backing off to […]
The Impact of Initiative #19-0028A1 on Direct and Indirect Cost Increases for Consumers, Businesses and the California Workforce Download Executive Summary Download Full Report Download Fact Sheet Executive Summary As part of its ongoing mission to identify and analyze policies driving up the cost of living and impacting the state’s business climate, the Center […]
Below are the monthly updates from the March 2022 fuel price data (GasBuddy.com) and January 2022 electricity and natural gas price data (US Energy Information Administration). This latest data continues to reflect the run-up in oil and natural gas costs, with the highest gasoline and diesel prices on record. With a greater lag of two […]