California economy – Page 2

Assemblyman Kiley Challenges Gov. Newsom’s Grandiose Jobs Report

May 25, 2021 1:52 pmMay 25, 2021 1:56 pm

California Gov. Gavin Newsom commented on the April jobs report, provided by the California Employment Development Department (EDD), which showed that California added 101,800 jobs in April, following 132,400 jobs created in March and 156,100 jobs created in February. With...

How Much Do California’s County Workers Make?

July 29, 2020 2:55 amJuly 28, 2020 9:18 pm

In April, with the pandemic shutdown sending California’s economy into free fall, Gavin Newsom convened a Zoom meeting with the four living California ex governors. He asked them to describe the biggest crisis they faced while in office. As reported by the New...

Governor Newsom Announces More Essential Worker Protections

July 24, 2020 3:51 pm

On Friday, Governor Gavin Newsom announced that additional protections will soon be in place for essential workers in California, along with expansions of regional and local programs that have shown success in mitigating COVID-19. Project Roomkey, agricultural worker housing expansions...

Separating Good Bailouts from Bad Bailouts

May 13, 2020 2:07 amMay 13, 2020 2:35 pm

If a Republican controlled U.S. Senate and a Republican occupying the White House cannot use this opportunity to demand reforms from financially mismanaged states controlled by Democrats, then they never will. The pandemic shutdown is about to enter its...

California Unemployment Rate Almost 20%

April 30, 2020 7:37 pm

On Thursday, new figures released by the US Department of Labor showed that around 3.7 million Californian workers have filed for unemployment during the last seven weeks due to the coronavirus outbreak, a total close to 20% of workers in...

Governor Newsom Introduces Plan for Coronavirus Restriction Removal

April 14, 2020 2:38 pmApril 15, 2020 6:15 am

On Tuesday, Governor Gavin Newsom, joined by Department of Public Health Director Sonia Angell, outlined the steps that California needs to take to return to normal following the COVID-19 coronavirus lockdown. Six phases and six indicators The Governor laid out...

California’s Credit Rating Moves Up, Signaling Further Economic Stability And Growth

October 17, 2019 2:34 amOctober 17, 2019 10:31 am

According to Moody’s Investors Service, California’s credit rating has moved up for the first time in five years. The “general obligation bond” rating went from a Aa3 rating to a Aa2 rating, finally moving California ahead of several states to their...