Special Reports

The state’s recent implementation of the $20 an hour minimum wage for fast food chains has produced the standard wave of claims over its effect on jobs, with proponents generally claiming that there has been no effect and even in some cases that the effect has produced an increase in jobs.

These claims to date, however, have been based on estimates using various data sources including the monthly job numbers published by Employment Development Department from the Current Employment Statistics (CES). The core caveat to date is that these are all estimates. The CES numbers reported for the industry containing the affected fast food establishments—Limited Service Restaurants—as with all the CES industries are based on monthly surveys and modeling results.

The Center for Jobs and the Economy tracks closely California’s Trade sector and its importance in creating well-paying, resilient jobs for millions of residents. California’s Trade sector is a national economic powerhouse, with more than 1 in 51 jobs nationwide supported by the sector. To further quantify the impacts of this sector, the Center released a detailed economic study, “Special Report: Economic Importance of Trade & the Ports to Southern California,” which quantified the importance of this sector.

Following the passage of the increase to the minimum wage for specified fast food workers, much attention has been paid to the impacts the wage increase will have on jobs. While anecdotal data, including the closure of legacy fast-food chain stores in California, has made headlines, we are now able to use empirical data to track the law’s impacts on jobs and the economy. Despite what some are saying, the data are clear: newly passed fast food minimum wage laws are leading to job losses in California.

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.

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.

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.

The Center for Jobs and the Economy has issued a special report on California’s Q4 2023 GDP growth, which although rising, continues to lag behind the national average, signifying ongoing economic challenges for the state. Despite maintaining its position as the 5th largest economy, California faces revenue difficulties amidst sluggish growth and declining contributions from the tech industry.

The Center for Jobs and the Economy has issued a special report on California’s Q4 2023 GDP growth, which although rising, continues to lag behind the national average, signifying ongoing economic challenges for the state. Despite maintaining its position as the 5th largest economy, California faces revenue difficulties amidst sluggish growth and declining contributions from the tech industry.

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. 

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.

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. 

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, […]

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 […]

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 […]

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.