04/13/2024

News

California Trade Report for August 2023

The August trade results show a weakening in trade activity, reflecting both the challenges to trade in the state along with overall softening in the global trade numbers.

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Full August 2023 Jobs Report

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

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Quick Facts: California Employment Report for August 2023

Highlights for policy makers:

Recovery Progress: California Numbers Show Substantial Weakening
California Poverty Rate Once Again Highest Among the States
California Labor Force
Nonfarm Jobs by Region
Counties with Double-Digit Unemployment

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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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California Trade Report for July 2023

Total trade through California ports has been down in every month so far this year compared to 2022 levels, and down in every month except March when compared to pre-pandemic 2019.

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California Energy Price Data for August 2023

The additional costs under California policies, regulations, taxes, and fee add-ons continue their ceaseless attack on the costs of living and costs of doing business in California. Costs for energy continue to be the highest or near the highest among the contiguous states and DC across all energy sources.

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Full July 2023 Jobs Report

As discussed in our preliminary report, the July again reported slowing in the state’s economy. The nonfarm job numbers broke the previous pattern since April 2022 of the first quarter reporting job gains above 60,000, followed by slower gains in the following two months. Comparing just the first month of each quarter in this period, the July number was 59% lower. The employment numbers reported a loss of 17,000, reversing much of the gain the prior two months and keeping total employment essentially unchanged since June 2022.

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Quick Facts: California Employment Report for July 2023

Highlights for policy makers:

Recovery Progress: CA vs. US
Recovery Progress: CA Jobs by Wage Level
California Labor Force
Recovery Progress: CA Employment vs. Other States
Nonfarm Jobs
Recovery Progress: CA Nonfarm Jobs vs. Other States
Job Openings
Nonfarm Jobs by Region
Unemployment Rates by Region
Employment Recovery by Region
Counties with Double-Digit Unemployment
MSAs with the Worst Unemployment Rates

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California Trade Report for June 2023

The June trade numbers for California continued to show lower activity. Total trade through the state’s ports was down 12.1% from June 2022 in nominal terms, while origin exports were off 4.8% and destination imports dropped 18.6%.

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California Energy Price Data for July 2023

The additional costs under California policies, regulations, taxes, and fee add-ons continue to keep California energy prices at the highest or near the highest among the contiguous states and DC across all energy sources.

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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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Full June 2023 Jobs Report

In the near and medium prospects, California’s current jobs rate has not been sufficient to bring workers back to employment recovery conditions much less economic progress beyond that point as the state’s higher operating costs in particular weigh on the middle class wage jobs.

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Quick Facts: California Employment Report for June 2023

Highlights for policy makers:

Recovery Progress: CA vs. US
Recovery Progress: CA Jobs by Wage Level
California Labor Force
Recovery Progress: CA Employment vs. Other States
Nonfarm Jobs
Recovery Progress: CA Nonfarm Jobs vs. Other States
Job Openings
Nonfarm Jobs by Region
Unemployment Rates by Region
Employment Recovery by Region
Counties with Double-Digit Unemployment

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