California’s $20 minimum wage is killing thousands of jobs

Critics of the law predicted it would result in less employment, and that’s exactly what has happened. “California ... Journal reports, “down 1.3% from last September, when the state backed ... Read More

When Newsom gives his State of the State, he should be candid about California’s economy

The Los Angeles Times performed its own analysis of California’s employment situation, reporting that between September 2022 and September ’23, the state’s jobs ... state that’s a global ... Read More

Today's jobs report shows economy added booming 303K jobs in March, unemployment at 3.8%

Can anything slow down the U.S. labor market? Hiring accelerated in March as employers added a booming 303,000 jobs despite ... The blockbuster report bolsters the view that the economy is on ... Read More

March Jobs Report Forecasts Show Still-Strong but Slowing Hiring Gains

The US economy is forecast to have added 200,000 jobs in March, according to FactSet’s consensus estimates. That’s lower than ... the ADP national employment report, released earlier this ... Read More

Southern California’s hiring pace 16% below normal

Here’s more evidence of Southern California’s cooling economy ... filled with state job figures released March 22, found 7.93 million at work in Los Angeles, Orange, Riverside and San ... Read More

There’s more to the economy than unemployment rates

It took the Golden State a ... force and employment shrink, the economy is slowing or contracting, even if the unemployment rate falls. This is not healthy. In California’s case, recent weak ... Read More

March jobs report comes in hot: The US economy added 303,000 positions last month

“Today’s jobs report raises the possibility that rather than slowing down ... and January were revised down by a combined 167,000 jobs. “That’s a full month of jobs that disappeared ... Read More

India could soon replace California as the world’s fifth largest economy, report says

COULD CALIFORNIA DROP DOWN TO SIXTH LARGEST ECONOMY ... U.S. but not by much.” According to the Center for Jobs report, the declining GDP is a result of a weakening tech sector in the state. Read More

Jobs Report: Unemployment Hits 3.8% As Job Growth Pops

as the economy walks the tightrope between moderating inflation and keeping the labor market afloat. The U.S. added 303,000 jobs in March, according to Friday morning’s report from the Labor ... Read More

Is California still the world’s 5th largest economy?

Consider swings in performance among key California industries in 2023, as measured by these GDP numbers. On the upside, there’s the state’s information businesses – that’s all the ... Read More

California is No. 1 in U.S. for unemployment

That’s on top of our previous mention in this space that 2023 was the first year since 1994 that the state ... Even California’s job growth rate of 119% topped the 92% employment expansion ... Read More