Tag "unemployment"
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CA workforce participation hits 38-year low
The same state survey of labor statistics that led to headlines last week about California having its lowest unemployment rate in nearly six years also had some much less positive news. The California Center for Jobs & the Economy noted these stats
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LAT: All hail ‘economic stability,’ surpluses achieved by Gov. Brown
The ability of Gov. Jerry Brown to convince the state press corps that he has righted California’s listing ship continues to amaze. The Golden State has by far the highest poverty rate in the nation. One in six adults can’t
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CA media: GOP dysfunction bigger topic than mass poverty
The Los Angeles Times’ news analysis about how recent controversies are likely to hurt California Republicans with two constituencies they are trying to woo — Latinos and women — isn’t loaded or biased. It’s likely true. Here’s a bit of
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‘We are destined to live with a growing and permanent underclass’
It may be building very slowly, and years later than it should have first appeared. But there is beginning to be a groundswell of a broad understanding in California that there is a link between job creation and what the
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CA Dems own state of the economy: Right, journos? Right?
Whenever President Barack Obama gets blamed for the still-mediocre condition of the national economy, his defenders in the Democratic Party, the punditocracy and in the allegedly neutral newsrooms of America immediately say things like, “He can’t get anything through Congress!
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Mayor’s ‘arena hype machine’ shuns due diligence, economic analysis
Arena Derangement Syndrome continues. “Collusion” and “shady dealings,” are just a few of the words used in a letter to describe the City of Sacramento’s “utter failure to conduct any economic analysis” in the proposed taxpayer-subsidized sports arena. Attorneys representing members
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State of the State: Gov. Brown seeks ‘fiscal restraint’ — and more spending
SACRAMENTO — Gov. Jerry Brown delivered his 2014 State of the State this morning. It was largely a recap of his recent 2014 Budget proposal press conference, but shorter. As Brown often does, he first took on his critics: “It
Read MoreJobs crash endangers Brown budget
Uh oh. Just a day after Gov. Jerry Brown's budget spending splurge proposal, the latest U.S. jobs numbers came in. Unemployment in December dropped to 6.7 percent, which is good. But only 74,000 jobs were created, which is really bad.
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Gov. Brown's budget largely ignores massive debt
SACRAMENTO — Gov. Jerry Brown yesterday released his state budget proposal for fiscal year 2014-15, which begins on July 1, with spending sharply higher than last year, despite promises of fiscal restraint. The governor’s $155 billion total spending plan increases the general fund
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