03/05/2024

Special Reports

Special Report: California Strikes Out on Ohtani’s Blockbuster Dodger Deal

The state’s tax system leans significantly on these few taxpayers. For instance, the amount of income tax Ohtani could save annually by changing his residence in 2033 is equivalent to the total tax liability of the bottom 1.78 million tax filers in 2021 (positive AGI). To use another illustration, finding just 317 more individuals like Ohtani (with no deferrals and MLB approval for the 12 required expansion teams) or doubling the taxes paid by the bottom 3.34 million tax filers could erase the state’s projected deficit for 2024-25. 

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Special Report: Fact Checking California’s Climate Claims

In promoting its policies, California is advocating that we need next generation regulations to cover virtually every aspect of the economy and personal lifestyle in order to achieve our climate change goals.   Recent data from the US EPA shows otherwise; a different policy approach can work equally well.  The other states are doing as well, […]

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Minimum Wage Increases Lead to Economic Uncertainty: A Case Study of the Proposed City of Los Angeles Minimum Wage Increase

The Center for Jobs and the Economy is a nonprofit research organization that provides economic data and detailed analyses of policies affecting state, regional and local economies. As part of its mission, the Center helps quantify the cost-of-living crisis in the state and various regions. This report, Minimum Wage Increases Lead to Economic Uncertainty: A […]

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Special Report: Taylor Swift’s Impact on the Economy in Los Angeles County

As part of its ongoing effort to report on significant economic trends in California, the Center for Jobs and the Economy is releasing this special report, which provides a detailed analysis of the impact of the Taylor Swift Eras tour on the Los Angeles regional economy. Travel and tourism in this region have still not […]

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What WalletHub Got Wrong: A Closer Look at California’s Energy Costs

The Center for Jobs and the Economy has released a special report that delves into the tax burden on personal income in California, particularly focusing on its impact on different family types. For additional information and data about the California economy visit www.centerforjobs.org/ca.

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Special Report: Examining California’s Income Tax Landscape

The Center for Jobs and the Economy has released a special report that delves into the tax burden on personal income in California, particularly focusing on its impact on different family types. For additional information and data about the California economy visit www.centerforjobs.org/ca.

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Special Report: Califorming Businesses: Disney Cancels Move to New Florida Campus

The Walt Disney Company recently announced it was cancelling a $1 billion office project that would have seen 2,000 jobs move from California to Florida. This project was previously included under the Califormers when it was announced in 2021.

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Special Report: A Growing Trend of Outward Migration

The Center for Jobs and the Economy has released a special report that provides an analysis of the migration patterns of high earning Californians, with a focus on how this trend accelerated in 2021, as evidenced by the significant taxable income loss experienced by the state. For additional information and data about the California economy […]

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Special Report: Was California the 4th Largest Economy in the World in 2022?

The Center for Jobs and the Economy has released a special report that delves into a critical question: “Was California the 4th Largest Economy in the World in 2022?” This comprehensive report provides insights into California’s economic position, particularly in terms of its global ranking. For additional information and data about the California economy visit […]

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Special Report: Recession Watch

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.

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Special Report: Recession and the Economy

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.

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Anti-Housing CEQA Lawsuits Filed in 2020 Challenge Nearly 50% of California’s Annual Housing Production

Download Full Report Download Fact Sheet Fact Sheet 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 for Jobs and the Economy is pleased to present this special report, authored by Jennifer Hernandez, attorney and expert in environmental law, […]

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Is It a Funding Issue?

Economic Impacts of the Proposed City of Los Angeles Transfer Tax for Housing and Homelessness Download Full Report Download Fact Sheet Fact Sheet 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 for Jobs and the Economy undertook an […]

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Regulation and Recycling

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 […]

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California Workers: Modernized Telecommuting Policies to Build Equity and Reduce Costs

Download Executive Summary Download Full Report Executive Summary Despite being at the forefront of technological advances and innovation, California’s current policies related to teleworking have remained static. Prior to COVID-19, primarily the higher paid, highly educated Californians had the most access to the benefit of telecommuting. In an analysis of 2019 jobs data, 70 percent of […]

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