California’s Economy Archives

California Voters Approve Billions in Local Taxes and Borrowing

November 11, 2020 2:10 amNovember 11, 2020 6:14 am

In March 2020, for the first time is a generation, Californian’s did not approve the overwhelming majority of local tax and bond proposals that were put before them. Out of 125 proposed local bonds, only 31 percent passed; out of 111 proposed...

California’s Economy is in Free Fall: Cities Hike Minimum Wage as Economy Falters

April 9, 2020 2:36 amApril 10, 2020 9:50 am

Until further notice, California’s economy is in free fall. As of April 6, California’s Employment Development Department reported receiving 1.9 million new unemployment insurance claims within barely three weeks. As reported in the San Jose Mercury, during the entire 2008 Great...