California economy
Back to homepageReport: CA economic outlook grim, but actual performance not so bad
California again sits near the bottom of a state-by-state comparison of economic competitiveness, but its economic performance has been more middle-of-the-road, according to an annual study by the right-leaning American Legislative Exchange Council. Judging by 15 policy measures, all of which
Read MoreMinimum-wage law’s opt-out provision unlikely to be used by governor
A California governor is asked to sign historic, far-reaching legislation that could have unknown consequences — and tells the Legislature he will only go along if there is an escape clause that can be used if the law causes economic
Read MoreCA politicians and businesses push for restored Cuba connections
Although they didn’t make the same headlines as President Obama, several members of California’s congressional delegation accompanied him on his historic visit to Cuba — underscoring the importance California officials and business put on the prospect of restored relations with
Read MoreGoogle driverless car hits bus, stokes controversy
The controversy over driverless cars shifted into high gear as an automated vehicle built by Google hit a passenger bus. “The crash may be the first case of one of its autonomous cars hitting another vehicle and the fault of
Read MoreCA middle class fleeing to lower-cost states
New data has brought a new urgency to the souring fortunes of California’s middle class. “Not only are Californians leaving the state in large numbers, but the people heading for the exits are disproportionately middle class working families — the demographic backbone of
Read MoreBrown: State of the State is fiscal restraint
With a cautiously optimistic tone, Gov. Jerry Brown preached prudence on Thursday morning during his annual State of the State address. The speech — courteous in its brevity, clocking in at under 20 minutes — touted accomplishments and initiatives, like
Read MoreUneasy balancing act for CA economy
California headed into 2016 with a stabilizing economy that nonetheless left many residents uneasy. On the work front, the year finished out with weaker, but not alarming, numbers. “California employers added just 5,500 jobs in November, according to federal data —
Read MoreCA set for nation’s highest minimum wage
California will start the new year with a record-setting wage floor. “On Jan. 1 California will have the highest minimum wage in the country,” as Capital Public Radio noted. “California workers earning minimum wage will get an extra dollar an hour at
Read MoreChina beats Mexico on CA immigration
While Mexico continued to drive the debate about immigration policy in the U.S., California experienced a significant demographic shift that could carry a political impact: more immigrants now flow into the Golden State from China than from south of the border. “About
Read MoreReport: Wealthy tech firms create few jobs
Two years ago, a report from Oxford University’s Martin Programme on the Impacts of Future Technology made waves in the United States with its prediction that 47 percent of the 700 largest U.S. job categories could disappear in coming decades
Read More