Reports

The Center for Jobs and the Economy has released our full analysis of the February Employment Report from the California Employment Development Department.

The Center for Jobs and the Economy has released our initial analysis of the January Employment Report from the California Employment Development Department. For additional information and data about the California economy visit www.centerforjobs.org/ca.

Highlights for policy makers:

COVID-19 and the State Economy
Comparative Recovery: California at #2 for the Year
CaliFormer Businesses
CaliFormers Update
Nonfarm Jobs: 96,700 Gain
Employment Still 236,600 Below Pre-Covid Level
Labor Force Participation Rate
Unemployment Rates by Legislative District
MSAs with the Worst Unemployment Rates

Download Report The Center for Jobs and the Economy has released our initial analysis of the December Employment Report from the California Employment Development Department. For additional information and data about the California economy visit www.centerforjobs.org/ca. This report report is an abbreviated version due to the annual revisions in the labor force data.  This year’s […]

Download Report Below are highlights from the recently released trade data from the US Census Bureau and US Bureau of Economic Analysis. To view additional data and analysis related to the California economy visit our website at www.centerforjobs.org/ca. The state’s trade position improved somewhat in January, with origin exports up 9.3% (6.8% real) compared to […]

Monthly updates from the most current February 2023 fuel price data (GasBuddy.com) and December 2022 electricity and natural gas price data (US Energy Information Administration).

Download Report Below are highlights from the recently released trade data from the US Census Bureau and US Bureau of Economic Analysis. To view additional data and analysis related to the California economy visit our website at www.centerforjobs.org/ca.

Monthly updates from the most current January 2023 fuel price data (GasBuddy.com) and November 2022 electricity and natural gas price data (US Energy Information Administration).

While the recent budget projections by both Department of Finance and Legislative Analysts’ Office do not anticipate a recession in 2023, other sources expect at least a mild downturn especially in response to continued Federal Reserve rate actions to combat inflation.  The effect on employment and the unemployment rate, however, is uncertain.  Jobs growth in the state continues to be held back more by labor shortages, as indicated in the continuing high level of unfilled job openings, and in other industries such as trade more by infrastructure and comparative cost factors.  Employment losses within one part of the economy consequently are just as likely to be offset by hiring in others at least in the near term.  Even within tech, the high numbers of unfilled job openings in the affected industries suggest layoffs are just as likely to be met with hiring by other companies and creation of new startups, although not necessarily within this state.

Highlights for policy makers:

COVID-19 and the State Economy
Jobs Recovery: California Still Lags US
CaliFormer Businesses
CaliFormers Update
CaliFormer Indicators: WARN Act Notices
CaliFormer People
Nonfarm Jobs: 70,000 Above Pre-Covid Peak
Jobs Change by Industry
Employment 293,300 Below Pre-Covid Level
Labor Force Participation Rate
Unemployment Rates by Legislative District
Unemployment Rates by Region
Employment Recovery by Region
MSAs with the Worst Unemployment Rates

Download Report The Center for Jobs and the Economy has released our initial analysis of the December Employment Report from the California Employment Development Department. For additional information and data about the California economy visit www.centerforjobs.org/ca.

While the recent budget projections by both Department of Finance and Legislative Analysts’ Office do not anticipate a recession in 2023, other sources expect at least a mild downturn especially in response to continued Federal Reserve rate actions to combat inflation.  The effect on employment and the unemployment rate, however, is uncertain.  Jobs growth in the state continues to be held back more by labor shortages, as indicated in the continuing high level of unfilled job openings, and in other industries such as trade more by infrastructure and comparative cost factors.  Employment losses within one part of the economy consequently are just as likely to be offset by hiring in others at least in the near term.  Even within tech, the high numbers of unfilled job openings in the affected industries suggest layoffs are just as likely to be met with hiring by other companies and creation of new startups, although not necessarily within this state.

Monthly updates from the most current December 2022 fuel price data (GasBuddy.com) and October 2022 electricity and natural gas price data (US Energy Information Administration).

Download Report Below are highlights from the recently released trade data from the US Census Bureau and US Bureau of Economic Analysis. The November trade numbers saw a general decline as pandemic period patterns began to reverse and as China experienced continued lockdowns. Total trade through the state’s ports dropped both in nominal and real […]

Highlights for policy makers:

COVID-19 and the State Economy
CaliFormer Businesses: Update
Nonfarm Jobs: 60,700 Above Pre-Covid Peak
Job Change by Industry
Employment 273,500 Below Pre-Covid Level
Labor Force Participation Rate
Unemployment Rates by Legislative Districts
Unemployment Rates by Region
Employment Recovery by Region
MSAs with the Worst Unemployment Rates