As Democrats contemplate what to do with their new supermajority power in the Legislature, they should avoid Republicans’ worst fears: tax increases to restore depleted services. Nearly 2 million Californians remain unemployed. Economic growth must be a top priority. And one of the best ways to accomplish it is to reform the California Environmental Quality Act.
The chief executive of the U.S. Chamber of Commerce on Thursday said the “exploding national debt” is the greatest threat to the U.S. economy.
Mark Schill of Praxis Strategy Group crunched the numbers for us to determine the changes in STEM employment from 2001 to 2012 in the 51 largest metropolitan statistical areas. Notably absent from our list of the 10 metro areas that enjoyed the strongest growth over that period: the country’s largest cities.
If you are worried about California’s future, there’s no shortage of disturbing statistics to keep you up at night. California’s unemployment rate was 9.8 percent in November – and, with a host of new regulatory mandates added when the New Year began, our state is becoming even more unattractive for businesses.
The shutdown of a 102-year-old California manufacturing company points to a major flaw in California’s industrial development policy:
Company: GlobalFoundriesCA Net Job Gain/Loss: -1000Reason: Invest Elsewhere, Out of StateCity/Region Losing Jobs: Milpitas, CACity/Region Gaining Jobs: New York, NY
How is the internet/mobile technology changing the job structure in California? What jobs are being eliminated? What jobs are being created? Are more jobs being created than destroyed?
The Port of Long Beach is betting billions of dollars on its future. This is a bet it has to make to compete globally. Long Beach’s Board of Harbor Commissioners is expected Monday to formally approve a $1.2 billion budget for the massive Middle Harbor terminal expansion project.
(CBS News) LOS ANGELES, Calif. – The Golden State is striking it rich in job creation. Jim Nguyen is an executive vice president at Truecar.com. Their website helps consumers know fair prices when buying or selling a vehicle. They currently have two buildings.
Job creation remains Job 1 in Southern California, and especially here in San Bernardino County, requiring more help than ever from our state leaders in Sacramento.
Company: Bank of AmericaCA Net Job Gain/Loss: -103Reason: LayoffCity/Region Losing Jobs: Chatsworth, CA
SACRAMENTO — The deal in Washington to avoid the “fiscal cliff” will bring a reprieve to California’s slowly rebounding economy, but uncertainty remains in part because Congress delayed action on federal spending cuts.
An early environmental leader as California’s governor nearly four decades ago, Jerry Brown is now easing restrictions for oil companies and talking about overhauling the state’s landmark environmental law to boost the economy.
States Are Sending Recruiters to California to Lure Companies With the Prospect of Lower Taxes and Fewer Regulations
As we approach year’s end, the news about the California economy is less gloomy than it was a year ago. A look at some recent reporting shows a mixed bag, but with the trends in the right direction.