12/23/2024

News

Target to Hire Fewer Seasonal Workers

The move to hire 18,000 fewer temporary holiday workers versus last year’s 88,000 comes as the Minneapolis-based chain saw that its own permanent employees wanted to get first dibs on working extra hours for the holiday season.

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Dan Walters: Unions Held Whip Hand in California Capitol

Dozens of measures that unions wanted to enhance their members’ incomes, fringe benefits, bargaining positions and procedural rights were enacted, albeit not always as extensively as they wished. Just as consistently, legislation that unions opposed fell by the wayside, even when it had broad public support, or even when Gov. Jerry Brown, their on-again, off-again ally, wanted it. An overhaul of the California Environmental Quality Act was the most conspicuous example.

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Forecast Predicts Slow, Steady Economic Growth

California’s economy is in for more of the steady, unspectacular growth the state has experienced the past few years, according to a new forecast. The latest UCLA Anderson Forecast, released today , says California can expected a continued fall in unemployment in the coming years, with the Sacramento region and the rest of the Central Valley still lagging the more prosperous coastal regions. Overall, the state continues to outperform the national economy, with job growth of 2.8 percent over the past 12 months, and the gap between the U.S. and California unemployment rates has been cut in half to 1.4 percent.

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Job Vacancies Advertised Online Statewide Tumble in August

California saw a 2.4 percent month-to-month decline in job vacancies advertised online in August while Sacramento listings held fairly steady, according to the latest statistics released by the Conference Board.

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Dan Walters: Labor Day Economy a Mixed Bag in California

As California marks the Labor Day holiday, there’s a slow-motion debate over the strength of its recovery from the worst recession since the Great Depression and thus its prospects for improving employment.

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Dan Walters: Big Reform of CEQA Bogs Down

Substantially overhauling the 40-year-old California Environmental Quality Act may still happen, but with just two weeks remaining in the legislative session, it probably won’t happen this year.

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Dan Walters: California data bank could fill big knowledge gap

Anyone interested in exploring economic, demographic and other data about California and its communities – yours truly, for example – has had to work at it because there’s been no central repository. One must mine data from federal agencies such as the Census Bureau or the Bureau of Labor Statistics, from state agencies such as the Employment Development Department, the Department of Education or the Department of Finance, or from private and academic data banks.

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California Business Roundtable debuts new economic database

The California Business Roundtable will unveil its new database on the state’s economy Thursday morning.

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California Ranks 2nd in Car-Operating Costs

California is the second-most-expensive state in which to operate a motor vehicle, according to a new study released by Bankrate.com.

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Daegis Is Moving HQ from Roseville to Dallas

Company: Daegis Inc.CA Net Job Gain/Loss: Impact UnknownReason: Layoff, Move Out of StateCity/Region Losing Jobs: Roseville, CACity/Region Gaining Jobs: Dallas, TX

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Jobless Rate Plunges in Sacramento and California

The unemployment rate in Sacramento and California registered a significant drop in May for the second consecutive month, but analysts cautioned that the steadily improving numbers conceal a large number of people who are working in low-wage jobs or who are no longer firmly attached to the workforce.

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Sacramento Gains 200 New Jobs in Mortgage Industry

Company: PennyMac Loan ServicesCA Net Job Gain/Loss: 200Reason: ExpandCity/Region Gaining Jobs: Sacramento, CA

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Brown Signs Bill to Launch Hiring of Hundreds in Rancho Cordova

Company: State Healthcare ExchangeCA Net Job Gain/Loss: 500Reason: ExpandCity/Region Gaining Jobs: Rancho Cordova, CANotes: Call center created to help implement federal healthcare program in California

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Vibrant Recovery is Building

During the downturn, new home construction plummeted along with jobs and personal incomes. Today, a major forecast for the Sacramento region suggests these measures of economic health are poised to rise together over the next four years.

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Flippers, Move-Up Buyers Flock to Sacramento Market, Foreclosures Down

Flippers and move-up buyers are out in force, and foreclosures are shrinking to an increasingly minor part of Sacramento’s housing market, DataQuick said Thursday.

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